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Archives

Monthly Archive for: "January, 2020"
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By Dan Armstrong
In Elder Law News
Posted January 24, 2020

Free Tax Preparation Help Is Available to Most Seniors

Seniors and retirees should know that they may be able to use online tax preparation software free of charge. Most low- and middle-income Americans qualify for the free help, but do not take [...]

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By Dan Armstrong
In Estate Law News
Posted January 23, 2020

If Your Estate Plan Includes IRAs, a New Law Means It Is Time to Reevaluate

Both workers and retirees may need to rethink some of their estate planning in light of the newest spending bill. The Setting Every Community Up for Retirement Enhancement Act made major [...]

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By Dan Armstrong
In Elder Law News
Posted January 17, 2020

Medicare Now Covers Outpatient Treatment for Opioid Addiction

Recognizing the huge problems caused by opioid addiction in the United States, Medicare Part B adds a new outpatient opioid treatment benefit, paying for methadone and related treatment in [...]

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By Dan Armstrong
In Estate Law News
Posted January 15, 2020

Understanding the Differences Between a Living Trust and an Irrevocable Trust

Before you commit to adding a trust to your estate plan, make sure you understand the differences between revocable (also called “living”) and irrevocable trusts because each offers advantages [...]

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By Dan Armstrong
In Elder Law News
Posted January 9, 2020

Caregivers Are Getting Younger, Making Planning for Long-Term Care Even More Important

As baby boomers age, more and more millennials are becoming caregivers. Many are taking on this role while just getting started in their own lives, leading to difficult decisions about [...]

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By Dan Armstrong
In Elder Law News
Posted January 7, 2020

When Inheriting Real Estate, Consider Your Options

Inheriting real estate from your parents is either a blessing or a burden -- or a little bit of both. Figuring out what to do with the property can be overwhelming, so it is good to carefully [...]

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By Dan Armstrong
In Estate Law News
Posted January 7, 2020

Do You Have the Right Fiduciary?

When creating an estate plan, an important decision is whom to name as your fiduciary, which is a fancy legal term for the person who will take care of your property if you are unable to do it [...]

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By Dan Armstrong
In Estate Law News
Posted January 7, 2020

Who Gets Cash Hidden in House By Deceased Former Owner?

An Oregon woman bought a house and a year and a half later discovered more than $100,000 in cash hidden above the basement ceiling.  She thought the money should be hers, but the estate of the [...]

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By Dan Armstrong
In Elder Law News
Posted January 2, 2020

Will Restrictive Immigration Policies Cause a Shortage of Caregivers for the Elderly?

As the population ages, the need for caregivers is growing, but restrictive immigration policies, whatever you may think of them, could have a negative impact on a caregiving industry that is [...]

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By Dan Armstrong
In Elder Law News
Posted January 2, 2020

New Law Makes Big Changes to Retirement Plans

A spending bill signed into law by the President contains major changes to retirement plans. The bipartisan legislation is designed to provide more incentives to save for retirement, but it [...]

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