Having spent my career struggling with constantly changing tax laws, I was pleasantly surprised by a recent Pa. Dept. of Revenue policy change that stands to remedy a long-standing problem with the way inheritance tax works.
Beneficiary Designations Can Cause Problems for Children With Special Needs
Private retirement savings plans, like IRAs and 401(k)s, have become the main way for American families to save for retirement. But parents of children with special needs need to be vigilant when signing up for a retirement plan or company life insurance program.
All hospitals must now give Medicare recipients notice when they have not been admitted but are merely under "observation" status. The notice requirement is part of a law enacted in 2015 but that just took effect.
Even if you've created an estate plan, are you sure you included everything you need to? There are certain provisions that people often forget to put in in a will or estate plan that can have a big impact later on.