Main Office:
954 Greentree Road
Pittsburgh, PA 15220
Peters Township Office:
By Appointment Only
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412-458-6000
GrayElderLaw.com
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Elder Law and Special Needs News
March 2021
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To Clients, Colleagues and Friends:
Certified Elder Law Attorney Julian Gray serves on the conference planning committee and is a speaker for the 2021 NAELA (National Academy of Elder Law Attorneys) Annual Conference taking place virtually March 24 – 26, 2021.
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Does Your Estate Plan Address the Requirements of the New PA Law Controlling Access to Digital Assets?
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Due to our expanding use of electronic devices, the information stored on them has become increasingly important to those we appoint to assist us in managing our finances during our lifetime and after our death. The Revised Uniform Fiduciary Access to Digital Assets Act, which became effective in January 2021, Pennsylvania now has a law controlling access to digital assets. |
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Biden Administration May Spell Changes to Estate Tax and Stepped-Up Basis Rule
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While it remains unclear exactly what tax changes 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.
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What to Do With Your Stimulus Check if You Are in a Nursing Home
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As the second (and maybe third) round of stimulus checks go out, it is important to know that nursing home residents are not required to turn their checks over to their nursing home.
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Long-Term Care Benefits for Veterans and Surviving Spouses
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Long-term care costs can add up quickly. For veterans and the surviving spouses of veterans who need in-home care or are in a nursing home, help may be available.
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Is It Possible to Put a Retirement Plan in a Special Needs Trust?
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Retirement plans often make up a significant portion of assets. Can a retirement plan be put into a special needs trust? As with many legal questions, the answer is "it depends." |
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