Estate planning can seem like a confusing endeavor, and you simply may not know where to begin. With this in mind, we are going to look at four must-have estate planning documents in this post in an effort to shrink the matter down to size. Asset Transfers The first component is an asset transfer vehicle, and many people assume that a will is the right choice unless you are extremely wealthy. In … [Read more...]
Updating Your Plan: Powers of Attorney
As we start the new year, it’s a good time to think about updating your plan. This includes your entire plan, including Powers of Attorney. Powers of Attorney are part of even the simplest estate plan. A Power of Attorney allows your Agent to act for you. There are Powers of Attorney for financial matters and also those for health care. It’s important to consider whether you need to update either … [Read more...]
A Look at 2021 Medicare Premiums and Deductibles
As elder law attorneys, we pay close attention to the government programs that senior citizens rely on. Medicare is certainly one of them, and there are adjustments to the out-of-pocket costs each year to account for the cost of living. The new numbers for 2021 have been released, and we will look at them here. Part A Deductible and Coinsurance The Medicare program is broken up into four … [Read more...]
