Who is Legally Able to Amend a Trust?
June 6, 2023
The conditions for amending a trust, including who has the authority, is usually set out in the document.
What Are Estate Taxes?
June 5, 2023
Studies suggest that millennials will inherit an astounding $68 trillion in the coming years, making them the wealthiest generation in history. While this may be great news for some, it also comes with significant tax implications.
Will I Be Able to Afford Nursing Home Care?
June 2, 2023
As many as 80% of aging adults in America lack the financial resources to pay for two years of nursing home care or four years of an assisted living community. That’s according to a new study from the National Council on Aging (NCOA) and the LeadingAge LTSS Center at the University of Massachusetts Boston.
How Do I Talk to My Parents About Estate Planning?
June 1, 2023
Broaching the subject of estate planning can be difficult, as emotions often run high while discussing end-of-life care and other similar topics. However, having a plan in place can streamline the estate transfer process upon the passing of your loved ones, bringing peace of mind to the whole family.
How Can I Prevent a Fall?
May 31, 2023
According to the latest the AARP-sponsored University of Michigan National Poll on Healthy Aging, nearly 90 percent of adults over 65 want to live in their current homes as they age.
Why Would I Put My Home in a Trust?
May 30, 2023
When you purchase and own a home, your name is on the title to the property, indicating ownership. However, you can transfer ownership of your residence to another person or entity in the form of a real estate trust.
More CPAP Benefits for Early Birds?
May 26, 2023
Obstructive sleep apnea (OSA) patients with a morning chronotype — early birds — tended to use their continuous positive airway pressure (CPAP) devices for a longer duration of time per night, according to a secondary analysis of the randomized APPLES trial.
What’s the Latest on Benefits for Families of Service Members?
May 25, 2023
Dependent care flexible spending accounts, which help defray the cost of child care by providing tax savings, are coming for active duty service members.
How are Strokes Diagnosed?
May 23, 2023
Strokes are diagnosed based on symptoms, along with the physical examination. The signs and symptoms of a stroke generally correspond to the affected area of the brain. It is usually necessary to obtain diagnostic testing.
Tax Scams Involving Charitable Remainder Annuity Trusts
May 22, 2023
Part of the agency’s latest annual ‘Dirty Dozen’ scams, these potentially ‘abusive arrangements’ involve charitable remainder annuity trusts and monetized installment sales.