The coronavirus pandemic has had a devastating impact on those in nursing homes and other long-term care facilities. This has raised questions about how the virus has influenced the costs and provision of long-term care insurance.
Medigap policies that supplement Medicare’s basic coverage can cost vastly different amounts, depending on the company selling the policy, according to a new study. The findings highlight the importance of shopping around before purchasing a policy.
Transferring assets to qualify for Medicaid can make you ineligible for benefits for a period of time. Before making any transfers, you need to be aware of the consequences.
As COVID-19 continues to spread and take lives, an increasing number of people are thinking about estate planning. The threat of COVID-19 is causing more people to worry about having their estates in order and authorizing people they trust to make medical and financial decisions for them on their behalf. There is no doubt that …
As the number of people succumbing to COVID-19 continues to climb in the U.S., many Americans are thinking about estate planning. Demand for wills in particular has soared as people acknowledge their mortality. Still, a survey by Caring.com and YouGov of 2,400 adults revealed that a majority lacks wills, and the number of Americans with …
Is having an out-of-date will better than having no will at all?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.
Many types of property and investments pass outside of probate and allow you to designate who will receive them after your death. It is important that these designations are kept up to date and are consistent with the rest of your estate plan.
Millions of people are affected by dementia, and unfortunately many of them do not have all their estate planning affairs in order before the symptoms start.
With the SECURE Act making changes to rules about inherited IRAs, instead of leaving your IRA to your children, you may want to consider leaving it to a charitable remainder unitrust, which can still benefit your children.
Access to affordable medical care is especially important during a health crisis. New federal law prevents states that have accepted increased Medicaid funding from terminating Medicaid benefits during the coronavirus health emergency.