IRS Announces That Face Masks and Related Purchases Are Tax Deductible
The IRS has announced that the tax deduction for medical [...]
How an Irrevocable Life Insurance Trust Can Be Used to Avoid the Estate Tax
With the federal estate tax exemption possibly about to be [...]
Medicaid Recipients Have a Little More Time to Spend Down Their Stimulus Money
The one-year deadline for nursing home residents on Medicaid to [...]
9 (Potential) Problems with Your Trust
All trusts should be reviewed every few years to make [...]
Senators Propose Sweeping Changes to the Taxation of Estates and Inherited Gains
New legislation introduced in the Senate would require more estates [...]
Why an Irrevocable Trust May Be Superior to Gifting
Parents and other family members who want to pass on [...]
Will You Owe a Gift Tax This Year?
The rules surrounding taxes on gifts often create confusion during [...]
How the $1.9 Trillion COVID-19 Relief Bill Aids Seniors
The latest COVID-19 relief bill, in addition to authorizing stimulus [...]
New Guidance Eases Recommended Restrictions on Nursing Home Visits
The Centers for Medicare and Medicaid Services (CMS) has issued [...]
The Film ‘I Care a Lot’ Highlights Vulnerabilities in the Guardianship System
Netflix’s popular new movie, I Care a Lot, may be far-fetched [...]
