Someone told my mom to stop giving monetary gifts to her family — even for very small amounts. She wants to be able to give her grandchildren between $25 to $50 for holidays and special events like weddings or… Read more
I want to appoint my neighbor to be my agent under a power of attorney for health care. I have no idea what people usually pay for someone to be an agent under a power of attorney. What should… Read more
Although a nursing home cannot require a child to be personally liable for their parent’s nursing home bill, there are circumstances in which children can end up having to pay. This is a major reason why it is important to… Read more
Medicare is extending its offer of relief from penalties for certain Medicare beneficiaries who enrolled in Medicare Part A and had coverage through the individual marketplace. Beneficiaries who qualify will be able to enroll in Medicare Part B without paying… Read more
A U.S. court of appeal has struck down a Department of Labor (DOL) rule that was intended to prevent financial advisers from steering their clients to bad retirement investments, but the Securities and Exchange Commission (SEC) has proposed new regulations… Read more
Iowa Code Section 633.356 allowing distribution of a decedent’s property by affidavit in lieu of formal probate proceeding has recently been amended and will become effective July 1, 2018. Under the previous law, if a decedent’s gross estate value was … Read more
Arizona and Florida are the latest states to request a waiver from the requirement that states provide three months of retroactive Medicaid coverage to eligible Medicaid recipients.
Medicaid law allows a Medicaid applicant to be eligible for benefits for up… Read more
New rules have been put in place to protect seniors with brokerage accounts from financial scams that could drain the accounts before anyone notices.
As the population ages, elder financial abuse is a mounting problem. Vulnerable seniors can become victims… Read more