With the ongoing concerns related to Coivd-19, many spouses and individuals have thought their estate planning documents. If you have already done the work to make an estate plan, now may be a good time to revisit it to ensure that you still feel the same way about what you put into your documents several years ago.
If you feel that the skilled nursing facility that your loved one resides at is not making reasonable efforts to allow you to stay in communication with your loved one, or allow you to receive updates about their condition, the ombudsman is available to help.
On March 13, 2020, the Centers for Medicare and Medicaid Services (“CMS”), which regulates most skilled nursing homes, issued strict guidelines on visitation of skilled nursing facilities. Learn more before planning a visit.
In our last article we provided some ways in which you can make medical bills, nursing home care, and special needs or age related home additions and modifications work for you to save money on taxes.Here are some more ideas for tax deductions, including alternative medicine, and services for special needs care. We shall explore timing your expenses for maximum deductions as well as other entities like a special needs trust.
Are you ready for tax season? Learn about some tax tips that could put more money in your pocket! Besides the relatively familiar expenses of doctors, dentists and prescription medicines, here are some other costs that you can deduct. Part 1 in a 2 part series.
A holographic will is a handwritten will (no typing on the computer) that is valid in California if it meets certain requirements identified at California Probate Code §§6110-6111. Although it seems cost-effective to be able to simply jot down your final wishes next to that crossword puzzle you were trying to finish, there are potentially some major pitfalls. Learn more…
The benefits of having a SNT are many and taxes are only a part of it. Other benefits include the ability to keep needs-based public benefits, appropriate financial and asset management, and identifying individuals and/or corporate fiduciaries to administer the assets and advocate for the benefit of the special needs person.