Can I Give My Kids $15,000 a Year?
If you have it to give, you certainly can, but there may be consequences should you apply for Medicaid long-term care coverage within five years after each gift.
It’s Now Harder for Veterans to Qualify for Long-Term Care Benefits
The Department of Veterans Affairs (VA) has finalized new rules that make it more difficult to qualify for long-term care benefits. The rules establish an asset limit, a look-back period, and asset transfer penalties for claimants applying for VA pension benefits that require a showing of financial need.
How to Handle Sibling Disputes Over a Power of Attorney
A power of attorney is one of the most important estate planning documents, but when one sibling is named in a power of attorney, there is the potential for disputes with other siblings. No matter which side you are on, it is important to know your rights and limitations.
It’s Important to Shop Around for Your Medigap Policy
Medigap premiums can vary widely depending on the insurance company, according to a new study, so be sure to shop around before choosing a policy.