Estate Planning Blog Articles

Estate & Business Planning Law Firm Serving the Providence & Cranston, RI Areas

Vets May See a Big COLA Jump Next Year

Veterans could see their benefits boosted by the biggest margin in four decades after Congress on Thursday finalized plans to guarantee that veterans’ checks see the same cost-of-living boost as Social Security payouts.

Read More »

What’s the Latest in Legislation for Vets?

Procedural issues scuttled a planned vote this week to finalize legislation that would dramatically expand benefits for veterans facing toxic exposure injuries from their time in the service. However, congressional leaders insist the issues can be resolved and legislation passed in coming weeks.

Read More »

Will Vets Now Get a COLA Increase in Benefits?

Lawmakers in recent days took the first steps in ensuring that veterans receive a cost-of-living boost in their federal benefits later this year, introducing legislation that would guarantee the veterans’ checks see the same increase as Social Security payouts.

Read More »

What’s the VA Doing about Long Wait Times?

Veterans Affairs Secretary Denis McDonough acknowledged that he is “frustrated” with inconsistency in how medical appointment wait time data is calculated and recorded within the department’s health care systems and promised changes on the issue later this year.

Read More »

Can I Avoid Taxes when I Inherit?

Unless you spend your winters in Aspen and your summers in the Hamptons, you probably don’t have to worry about paying federal estate taxes on an inheritance. In 2021, the federal estate tax doesn’t kick in, unless an estate exceeds $11.7 million. The Biden administration has proposed lowering the exemption, but even that proposal wouldn’t affect estates valued at less than about $6 million.

Read More »

Will Congress Provide more Dollars for Elder Care?

As the baby boom generation gets older, families are trying to figure out how to keep their parents out of nursing homes — which became even less attractive when Covid-19 ravaged assisted living facilities — while dealing with their growing and expensive needs. They’re also about to become the center of a political fight in Washington.

Read More »