Nursing Home Residents Win Back Right to Sue
In an unexpected move, the federal Centers for Medicare and Medicaid Services is forbidding nursing homes from entering into binding arbitration agreements with a resident or their representative before a dispute arises.
What Is a Life Estate?
The phrase “life estate” often comes up in discussions of estate and Medicaid planning, but what exactly does it mean? A life estate is a form of joint ownership that allows one person to remain in a house until his or her death, when it passes to the other owner.
Life Insurance Can Still Play a Key Role As Part of an Estate Plan
Life insurance can be beneficial in replacing lost income for young families, but as people get older, it can also serve a purpose as part of an estate plan.
5 Things to Know to Reduce Your Tax on Capital Gains
The one tax you may be able to avoid or minimize most through planning is the tax on capital gains. Here’s what you need to know to do such planning.
Execute a Power of Attorney Before Its Too Late
A durable power of attorney is an extremely important estate planning tool, even more important than a will in many cases. But many people delay completing this vital estate planning step until it’s too late and they no longer are legally capable of doing it.
Medicare Coverage While Traveling Within the U.S.
Although Medicare coverage is generally not available when beneficiaries are overseas, what about coverage for those exploring our own varied and scenic land?
Understanding the Tax Consequences of Inheriting a Roth IRA
Passing down a Roth IRA can seem like a good idea, but it doesn’t always make the most sense. Before converting a traditional IRA into a Roth IRA to benefit your heirs, you should consider the tax consequences.
Jumbo Reverse Mortgages Are Increasingly Available for High-Value Homes
Seniors with pricier homes now have an increased ability to get a jumbo reverse mortgage in order to raise cash for retirement. As the housing market has improved, jumbo reverse mortgages are becoming more popular even though they carry some risk.
About to Turn 65? Your Health Insurer May Be Automatically Enrolling You in Its Own Medicare Plan
Some Medicare-age people are having important Medicare enrollment choices made for them, often without their knowledge/
Fighting Nursing Home Discrimination Against Medicaid Recipients
While it is illegal for a nursing home to discriminate against a Medicaid recipient, it still happens. To prevent such discrimination, nursing home residents and their families need to know their rights.
