If you are experiencing financial hardship due to the coronavirus pandemic, you may want to consider withdrawing money from your retirement account while you still can. The special exemption allowing early withdrawals without a penalty ends soon.
Life estates can be an excellent tool for Medicaid planning, probate avoidance and tax efficiency, but there are potential problems to look out for. Knowing the implications and risks of a life estate is essential in determining whether it is appropriate for your situation.
As Medicare premiums rise, a Medicare Advantage plan can seem like an attractive option. But if you are considering switching from Original Medicare to a Medicare Advantage plan, you need to know what to look for.
Medicare premiums are set to rise a modest amount, but still cut into any Social Security gains. The basic monthly premium will increase $3.90, from $144.60 a month to $148.50.
As the coronavirus pandemic worsens in Utah, the state is expected to implement a health care rationing system that favors younger patients over older ones. Similar policies in several other states have been successfully stopped.
The Internal Revenue Service has announced the amount taxpayers can deduct from their 2021 income as a result of buying long-term care insurance.
Make smart choices to protect your loved ones. Download our FREE guide.
Since 1940, our Elder Law & Estate Planning Law Firm has proudly served Pennsylvania and West Virginia.
We help clients throughout Western Pennsylvania, including but not limited to: Pittsburgh, Oakdale, Imperial, West Allegheny, Moon Township, Robinson Township, Kennedy Township, Sewickley, Carnegie, Crafton, Rennerdale, South Fayette Township, North Fayette Township, Mount Lebanon, and Upper St. Clair.
Ⓒ 2023 Pecori & Pecori. All Rights Reserved. Privacy Policy.
Website design by Bambiz.
Disclaimer: The information you obtain at this site is not, nor is it intended to be, legal advice.
You should consult an attorney for advice regarding your individual situation.
Select a date and time to schedule your FREE consultation with Attorney Robert Pecori ($500 value!).
During this call, we let you do the talking.
If there are opportunities for us to help, we will discuss the next steps after having a better understanding of your needs.
For the safety of our clients and staff we are scheduling these over the internet via Zoom meeting. If you do not have computer access, please contact our office at (412) 788-2000.
