July 2024

The Care Your Family Needs

Why Trusts are Important Estate Planning Tools

Trusts can offer many benefits, including allowing assets to pass directly to beneficiaries and charitable organizations without going through probate, minimizing taxes, and protecting your legacy from creditors.

The Costs of the Rising Cost of Long-Term Care

As the U.S. population ages and life expectancies increase, the need for long-term care is becoming an important consideration for many individuals and families.

Understanding Medicaid: What Does Medicaid Cover?

Though Medicaid exists to help those who need it, navigating the specifics of what it covers and does not cover can be daunting. Here are highlights on the basics of Medicaid coverage.

HUD Housing Programs That Support Aging in Place

As adults age, they may want to remain in their homes and communities for several reasons. For one, remaining in one's own residence preserves independence.

Gift of Home Equity: What It Is and How it Works

More and more elders are choosing to pass on their wealth to heirs while they're still alive. The growing popularity of "giving while living" comes as good fortune for the many young people who are currently unable to afford a home.

Blended Families and Wills in Estate Planning

Estate planning for blended families is key to a smooth inheritance process, especially since probate rules and intestate succession law do not treat step and biological children the same when it comes to inheriting.

How Life Insurance Is Involved in Estate Planning

Life insurance can be an integral and important part of a well-drafted estate plan. There are numerous benefits to owning a life insurance policy aside from providing a large sum of money to beneficiaries.

More People to Qualify for SSI Under New Rental Subsidy Rule

The Social Security Administration has published a final rule simplifying and expanding its rental subsidy program for Supplemental Security Income that is likely to allow more people to qualify for benefits.

What Assets Count When Applying for SSI?

To be eligible for Supplemental Security Income (SSI), an applicant can have no more than $2,000 in assets. However, not all assets count towards the $2,000 limit.

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