December 2016


Message From Peter

On behalf of all of us here at Grosskopf Law Office, LLC, I would like to thank all of you, our valued clients, colleagues and business partners for making 2016 the year that it was.  Many of us have had our challenges or issues, in certainly times that were not easy, but working together, we can do much more than any of us can do alone.  Thanks again to all of you and we look forward to working with you in the coming years.


**Please note that Grosskopf Law Office will be closed December 23rd and 26th for Christmas and also on December 30th and January 2nd for New Years.  


Medicare Pilot Program Allows for Hospice Coverage While Still Fighting a Disease

Medicare recipients considering accepting Medicare’s hospice benefit will not be forced to make a wrenching choice under a pilot program. The program will allow some Medicare beneficiaries to receive hospice care while also receiving curative treatment from their doctors.

Read More

How to Pass Your Home to Your Children Tax-Free

Giving your house to your children can have tax consequences, but there are ways to accomplish it tax-free. The best method to use will depend on your individual circumstances and needs.

Full Story

If the Community Spouse Dies Before the Medicaid Recipient, Can Medicaid Collect from the Spouse's Estate?

My father-in-law lives at home, while his wife is in a nursing home and has been approved for Medicaid (in Medicaid jargon, my father-in-law is the “community spouse”). He has recently become seriously ill and is not expected to survive his wife. His only

Read More

Do I Need a Trust If I Have No Heirs?

I recently became a widow at 61 years old. We never had children. I don't wish to leave my assets to anyone except a specific animal charity. But I want to be sure that my money will be able to take care of me if I need to go into a nursing home. Do I nee

Read More

Can My Mom Sign a Reverse Mortgage Even Though I Have Her POA?

I just learned that my elderly mother signed a reverse mortgage while I was her agent under a durable power of attorney. Is there anything I can do?

Read More

IRS Issues Long-Term Care Premium Deductibility Limits for 2017

The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2017 taxes as a result of buying long-term care insurance.

More

Part B Premium Will Rise Slightly for Most Medicare Beneficiaries in 2017

After holding steady at $104.90 a month for four years, the standard Medicare Part B premium that most recipients pay will rise 4 percent to $109 a month.  

Read On

When Can You Delay Taking Medicare?

While you are eligible to apply for Medicare when you are 65, there are circumstances where you might not want to, particularly if you are working full time for a larger employer or contributing to a health savings account.

Details