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Archives

Monthly Archive for: "March, 2022"
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By David Charous
In Elder Law News
Posted March 25, 2022

What Do I Do If Social Security Won’t Honor My Mother’s Power of Attorney?

I am an agent under a power of attorney for my mother, who has dementia. Social Security would not speak to me over the phone about establishing an online account because they didn't see me as [...]

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By David Charous
In Estate Law News
Posted March 24, 2022

Can My Family Inherit My Season Tickets?

Sports fans with season tickets may want their families to enjoy the tickets after they are gone but passing on these tickets is not always simple.  

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By David Charous
In Elder Law News
Posted March 18, 2022

Claiming Social Security Benefits at Age 70

If you are about to turn 70,and have delayed claiming Social Security retirement benefits up till now, you are joining an elite group, but it’s important to know when and how to claim.

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By David Charous
In Elder Law News
Posted March 18, 2022

Is a Payment to a Student Loan Company Exempted from the Gift Tax?

I had promised to help my son with his education costs. He has graduated (he is 25 and not my dependent). He owes approximately $100,000 in student loans. If I make a payment of more than [...]

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By David Charous
In Elder Law News
Posted March 18, 2022

Medicaid’s “Snapshot” Date and Its Crucial Impact on a Couple’s Financial Picture

When a married couple applies for Medicaid, the Medicaid agency must analyze the couple’s income and assets as of a particular date to determine eligibility. This is called the “snapshot” date [...]

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By David Charous
In Estate Law News
Posted March 15, 2022

How Long Does an Executor’s Job Take?

Being the executor of an estate can be a time-consuming job, depending on the size and complexity of the estate. While a simple estate can take a few months and not require a huge time [...]

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By David Charous
In Estate Law News
Posted March 10, 2022

Using a Roth IRA as an Estate Planning Tool

A Roth IRA does not have to be used as just a retirement plan; it can also be a way to transfer assets tax-free to the next generation.

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By David Charous
In Elder Law News
Posted March 4, 2022

Biden Proposes Major Nursing Home Reforms, Most Extensive “In Decades”

The Biden administration has announced far-reaching nursing home reforms, targeting staffing and accountability at facilities with deficient care. Advocates are calling the proposals, which [...]

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By David Charous
In Elder Law News
Posted March 2, 2022

Home Health Aide Costs See the Sharpest Increase in Annual Long-Term Care Survey

Long-term care costs climbed again in 2021, with rates for home health aides and homemakers seeing the sharpest rises, according to Genworth’s annual Cost of Care Survey. The coronavirus [...]

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By David Charous
In Elder Law News
Posted March 1, 2022

Rather Than End Controversial Medicare Initiative, Biden Gives It a Makeover

In the face of mounting criticism that its Direct Contracting initiative will undermine traditional Medicare, the Biden administration announced that rather than terminate the model, it is [...]

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