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,… Read more
We celebrated Phyllis’ retirement on December 1, 2017.
The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2018 income as a result of buying long-term care insurance.
Premiums for “qualified” long-term care insurance policies (see explanation below) are tax deductible to the extent … Read more
In 2018, Social Security recipients will get their largest cost of living increase in benefits since 2012, but the additional income will likely be largely eaten up by higher Medicare Part B premiums.
Cost of living increases are tied to … Read more
The main purpose of a will is to direct where your assets will go after you die, but it can also be used to instruct your heirs how to pay your debts. While generally heirs cannot inherit debt, debt can … Read more
Iowa officials are asking the Centers for Medicare and Medicaid Services to waive the requirement that the state provide three months of retroactive Medicaid coverage to eligible Medicaid recipients. CMS is currently accepting comments about this proposal.
Medicaid law allows … Read more