The coronavirus pandemic is having a profound effect on the current U.S. economy, and it may have a detrimental effect on Social Security’s long-term financial situation.
If you plan to move states, can you take your Medicare or Medicaid plans with you? The answer depends on whether you have original Medicare, Medicare Advantage, or Medicaid.
Choosing a nursing home for a loved one is a difficult decision and it can only be made more confusing by the various rating systems. A recent study found that using both Medicare’s Nursing Home Compare site and user reviews can help with the decision making.
Reverse mortgages make it possible for house-rich but cash-poor elders to use their housing equity to pay for home care while they remain in the home, or to use the money for anything else.
With the stock market soaring and diving and the news in 2020 overtaken by Covid-19, a presidential election, and natural disasters nationwide, estate planning may be the furthest thing from your mind. But now may actually be a great time to plan for the future. Here are some things to consider: The annual gift …
While the internet makes our lives more convenient, it also adds new complications. For example, what happens to all our online data and assets if we become disabled or die?
Once you’ve created an estate plan, it is important to keep it up to date. You will need to revisit your plan after certain key life events.
A trust is a legal arrangement through which one person (or an institution, such as a bank or law firm), called a “trustee,” holds legal title to property for another person, called a “beneficiary.” There are many benefits to creating a trust.
Estate administration is the process of managing and distributing a person’s property (the “estate”) after death.
Raising the minimum wage by as little as 10 percent would significantly improve the safety and health of nursing home residents, according to new research.