1324 W Clairemont Ave. Suite 10 Eau Claire, WI 54701 (715)835-6196 www.eclawyers.com
Monday - Friday 8:30am to 5:00pm
Closed for lunch 12:00pm to 1:00pm
January Super Moon 2018 Photo credit: Bill Feilix
Message From Peter
We hope that you all enjoyed the holidays. January roared in with many days of sub-zero temperatures. Hopefully everyone managed to get through it keeping relatively warm.
This is the time of year when many people have income taxes on their mind, not only because of the passage of major tax reforms, along with some of the uncertainty of what that will mean; but also with collecting W2 statements, 1099 forms, etc., in order to get ready to complete your income taxes, for 2017. Many people use this time as an opportunity to organize both their finances, and also to make sure that their estate planning documents are up-to-date and in good order. We look forward to seeing you in the coming new year.
This month I will be a speaker at an advanced program for Elder Law Attorneys. This program is always well attended by attorneys from across the state and it is an honor for me to be able to share information on various important topics.
While most of the new tax law has to do with reducing the corporate tax rate from 35 percent to 21 percent, some provisions relate to individual taxpayers, including changes to the estate tax and 529 accounts.
Medicaid has strict asset rules that compel many applicants to "spend down" their assets before they can qualify for coverage. It is important to know what you can spend your money on without endangering Medicaid eligibility.
The legal wing of the AARP is suing a California nursing home that refused to readmit a resident whom the nursing home had sent to the hospital. The nursing home's actions are part of growing trend of resident dumping, according to the AARP.