When creating an estate plan, the main decision is how your assets will be distributed after you pass away. Understanding "per stirpes" and "per capita" distribution is key to that decision.
As more and more people marry more than once, prenuptial agreements have become an important estate planning tool. Without a prenuptial agreement, your new spouse [...]
Is having an out-of-date will better than having no will at all? While wills do not have expiration dates, certain changes can render them useless.
The coronavirus pandemic has spread like wildfire though long-term care facilities. In response, many states have moved to shield nursing homes from lawsuits related to the care they are [...]
Seniors and Adults with Special Needs Who Are Claimed as Dependents Will Not Get Coronavirus Relief Payment
Not everyone will get the relief payment the federal government is sending out in response to the coronavirus pandemic. Among those left out include seniors and adults with special needs who [...]
Some Nursing Homes and Assisted Living Facilities Are Snatching Residents’ Pandemic Relief Checks, FTC Warns
The Federal Trade Commission (FTC) is warning residents of long-term care facilities and their families that some facilities may unlawfully require residents who are on Medicaid to sign over [...]
Retirement account owners, many of whose retirement balances have been pummeled by a stock market drop due to the coronavirus pandemic, do not have to take mandatory withdrawals this year.
If you are already receiving Social Security, are you also eligible for full unemployment benefits? Until recently, the answer was not necessarily.
The closure of Social Security offices has caused problems and worries for recently unemployed seniors who need to apply for Medicare after losing their employer coverage. In response, the [...]
Despite Pandemic’s Toll, Federal Government Proposes Loosening Infection Control Regulations for Nursing Homes
The federal government is moving forward with regulations that would relax infection control requirements in nursing homes even while the coronavirus pandemic has overwhelmed long-term care [...]