While the past year has been one of isolation and uncertainty for all Americans, no group has felt the isolation more than those in long term care facilities. For more than a year now, long term care facilities have allowed…
Category: Senior Law News
Relief for Seniors in the $1.9 Trillion COVID Relief Bill
President Biden has signed the latest COVID-19 relief bill, which in addition to authorizing stimulus checks, is designed to provide assistance to seniors in a number of ways. The following are the provisions that most directly affect older Americans: Relief checks.…
Funding a Special Needs Trust for your Loved One
Many clients are concerned about how they will fund a special needs trust that has been established for the benefit of a loved one. The first step, however, is usually understanding the types of special needs trusts that are available,…
Economic Highlights of the American Rescue Plan Act of 2021
The American Rescue Plan Act, which was signed into law on March 11, 2021, carries a $1.9 trillion price tag and provides funding for a range of categories impacting individuals, families and businesses across the country. It is one of…
Your Stimulus Check Is Coming – Should You Set Some Aside In An ABLE Account?
The Senate has passed President Joe Biden’s $1.9 trillion stimulus package, a major step in the bill’s journey into law. The Senate voted Saturday to approve the massive Covid-19 relief plan, which includes $1,400 stimulus checks for many Americans, $350 billion…
Tips to Protect Seniors from Scams
Unfortunately, financial abuse of seniors in the form of scams and fraud have existed for quite some time. With every new version of a scam comes new tips for how to avoid such scenarios. However, 2020 saw a milestone in…
Should I Purchase Long-Term Care Insurance?
As our population ages, the cost of long-term care continues to increase as well. Many people worry that their savings and assets will not be enough to cover the cost of care should they require long-term care in the future.…
Yes, a GoFundMe Account is a Resource!
Crowdfunding sites, such as GoFundMe, have grown in increasing popularity over the last few years as a way for people, businesses and charities to raise money for an identified purpose. After a traumatic accident or onset of a serious illness,…
It’s Tax Season for Estates and Trusts Too – What Executors Need to Know
With all of the tax documents continuing to arrive in the mail, we are all painfully aware that it is currently tax season. If you are an Executor of an Estate or the Trustee of a Trust that is or…
