Whether you are a parent, near retirement, or both, putting together informational instructions on your finances now could help spare your family a great deal of work and frustration down the road.
If you are concerned about requiring consistent aid with daily living as you age, an ICF can be an option.
Beneficiaries are individuals you select to receive money, various other assets or specific bequests upon your death.
On October 4, the Governor of Massachusetts signed a new law that makes significant changes to the...
Health Affairs estimates that 4 million older American adults cannot leave their homes without assistance. This means that for a significant number of people, accessing health care is a serious challenge. A recent study shows that Medicare beneficiaries are seriously underutilizing the home health care options available to them through the program, which can offer life-changing and life-saving benefits.
If you have a living, or revocable, trust, you may be missing another important piece of your estate plan.
This type of care focuses on pain management as well as emotional, spiritual and familial support.
The Social Security Administration (SSA) analyzes your most recent tax return to determine whether you must pay the IRMAA surcharge in addition to your existing monthly premium amount.
The basic idea behind a QPRT is to transfer the equity in a qualified residence out of a person’s estate and to their heirs while reaping lower transfer tax consequences.