In the United States, Medicaid is a public health insurance program that provides comprehensive coverage for health care and financial assistance to millions of Americans. The program helps low-income families, individuals, and people with disabilities receive adequate health care and…
There have been decades of efforts to eliminate age discrimination in the workplace, but it still exists. Age discrimination occurs when an employee or prospective employee is treated less favorably because of their age. It can be directed at older…
As US military benefits constantly change, many veterans miss out on benefits that can make a significant difference in their lives. Many wartime veterans receive a disability pension due to injury. But did you know that wartime veterans age 65…
Revocable and irrevocable trusts are the two most common types of trusts used for estate planning. While there is some similarity, these two major categories of trusts have different purposes in your estate plan. Both can substitute for a last…
An estate is administered via probate by naming a personal representative (executor) and distributing assets to beneficiaries. It also requires paying the decedent’s outstanding debts and federal and state taxes. Each state has different laws determining if probate is necessary…
Planning for succession and estate planning for farms and ranches and their livestock, equipment, and other property presents unique challenges. There is a common misconception that federal estate taxes threaten farm or ranch property, preventing assets from getting to rightful…
Intestacy laws determine how the decedent's property will be distributed if your loved one died without a will. Also known as intestate succession, it has similarities to the probate process when a will is present. Still, the terms are not…
Sadly, elder abuse has been on the rise for many years. Older, vulnerable adults can be exploited in many ways. The senior population can be manipulated by strangers, professionals who deal with their assets and even trusted family members and…
As of 2023, the U.S. Department of Veterans Affairs (VA) will match the Social Security Administration's cost of living adjustment (COLA), which will increase benefits by 8.7 percent. The VA disability monthly tax-free benefit is available to qualifying former military…
When a loved one passes away, dealing with the death and receiving an inheritance is an emotional time. The loss of a loved one is sad, but the influx of funds can bring joy or relief. It can be hard…