President Biden has signed the latest COVID-19 relief bill, which in addition to authorizing stimulus checks, funding vaccine distribution, and extending unemployment benefits, also provides assistance to seniors in a number of ways.
The Centers for Medicare and Medicaid Services has issued new guidance on whether families can visit loved ones in nursing homes. The guidance allows indoor visitation even when the resident has not been vaccinated.
Don’t assume your estate will automatically go to your spouse when you die. If you don’t have an estate plan, your spouse may have to share your estate with other family members. If you die without an estate plan, the …
President Biden’s administration will usher in, two possibilities are that it will propose lowering the estate tax exemption and eliminating the stepped-up basis on death. The first would affect only multi-millionaires, but the second could have an impact on more modest …
By Bakalar & Asociates, PA Many financial planners have been ill advised regarding the modern benefits of Irrevocable Trusts. Traditional Irrevocable Trusts pose several historical problems which include: 1. Requirement for a new EIN number from the IRS for income …
By Bakalar & Associates, PA We cannot overemphasize the importance of properly “funding” your Trust. Your Trust can only control the assets you put into it. You may have a great Trust, but until you “fund” it (transfer your …
Every person should have a legal will that dictates the wishes of the one who wrote the legal document. This document is considered legal and binding after the person dies. Sometimes, others attempt to challenge a will for several different …
When you are in the process of writing your will, you are trying to think about what will be best for your family members in the years ahead. Unfortunately, even if you have carefully considered all the options while completing …
Article Courtesy of Bankrate By Sarah Li Cain Published September 17, 2020 What are HOA fees? HOA fees are a mandatory monthly, quarterly or annual fee paid by the homeowners living within a homeowners association to help maintain amenities and …
Article Courtesy of The Herald-Tribune By The Associated Press Published July 3, 2019 FORT LAUDERDALE — Fed up with the high taxes and regulation back home in New York, retired officer Thomas Maloney and his wife, real estate agent Theresa …
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