Here is another of the “ask the expert” questions featured at www.eldercarematters.com.
Posts Categorized: Asset Preservation
Are the proceeds from a reverse mortgage viewed as “countable asset” by Medicaid when making application?
This is another of the featured questions I authored for www.eldercarematters.com. I was given the honor of being named their inaugural national elder care expert of the week.
The Latest Long-Term Care Snafu
Long-Term Care planning can be both daunting and difficult. There are many traps for the unwary, but there are also some very good resources available to assist in the process of choosing the right approach.
Keeping PACE with Elder Care Costs
PACE is a little-known program that may offer promising alternatives for elder care.
Small Business Changes for 2011
The start of the new year ushers in a series of regulatory, compliance, and tax changes that could potentially affect your small business.
So what’s in store for the economy in 2011?
From The Wall Street Journal (12/26/10) “The 2011 Economic Outlook – and What it Means for You”: anyone expecting those (tax) gifts from Washington to lift the cloud of uncertainty hanging over the U.S. economy will be disappointed. If anything, the outlook is hazier than ever.
Portability: a Good Idea but Will it Last?
Estate tax exclusion “portability” is a nice idea, but dangerous if you don’t understand its implications.
Congress Extends the IRA Charitable Rollover
An important piece of the new tax act is the extension of a great way to make charitable gifts through your IRA. The only catch is you have to be 70-1/2 or older to take advantage of it.
The Latest Temporary Estate Tax Rules
Now we know what the gift, estate, and generation-skipping transfer tax rules will be–for the next two years, as Congress passes the “tax relief” bill that we have been hearing so much about. There may be good reason to breathe a sigh of relief, but not to put off estate planning.
Do you really want to be a Trustee?
Being named as a Trustee is a great honor. It is an even greater responsibility. There are some things you should think about before you accept the role.