Many people are unaware that there is coverage to help families lay their loved ones to rest. Depending on your state, Medicaid may cover some funeral costs and other final expenses.
Powers of attorney can be overridden. However, the “who” and “how” depends on whether the principal is of sound mind.
Choosing an executor is a big decision when it comes to estate planning. Here are three common questions about executors.
If you are preparing a will, it is important to choose an executor you can trust, who is reliable, and who will take their role seriously. As part of your decision-making, you may also consider the things they would be prohibited from doing.
Although every state’s laws and forms vary, most power of attorney forms specify that the agency relationship created by a power of attorney ends upon a person’s death.
If we have learned anything these past few years, it’s that life is fleeting. Amid such uncertain times, many of us have realized what – and who – truly means the most to us.
If you are considering engaging in estate planning or you may be inheriting assets, it is important to understand what the step-up in basis is and how it may affect you.
For seniors with barriers getting to the grocery store and preparing food, meal delivery services can help. Local organizations distribute free or low-cost meals to older adults. Qualifying individuals can receive delivered meals for free from Medicaid and Medicare Advantage.
Required Minimum Distributions (RMDs) are the minimum amounts a retirement plan account owner must take out each year. It is the responsibility of each retiree to take out the correct RMD from their retirement account each year.
Although Medicaid and Medicare are both public health insurance programs, they have essential differences.