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Monthly Archives: May 2016

Beware: Your Estate May Contain an Unnecessary Bypass Trust

A once-popular estate planning tool may now cost families more in taxes than it saves. Changes in the estate tax have made the “bypass trust” a less appealing option for many families.

May 27, 2016 Advance Directives, Estate Planning, Health Care Proxy, Medicaid Planning, Probate, Trusts, Uncategorized, Wills

Medicaid's Benefits for Assisted Living Facility Residents

Almost all state Medicaid programs will cover some assisted living costs, although there may be a waiting list.

May 24, 2016 Advance Directives, Estate Planning, Health Care Proxy, Medicaid Planning, Probate, Trusts, Uncategorized, Wills

Four Social Security Myths Debunked

There are a lot of misconceptions surrounding the Social Security system. Here are four common myths and the truth about how Social Security works and its future prospects.

May 19, 2016 Advance Directives, Estate Planning, Health Care Proxy, Medicaid Planning, Probate, Trusts, Uncategorized, Wills

Nursing Home Care Costs Are Only Slightly Higher in 2016

The median cost of a private nursing home room in the United States has increased slightly to $92,378 a year, up 1.24 percent from 2015, according to Genworth’s 2016 Cost of Care survey, which the insurer conducts annually.

May 12, 2016 Advance Directives, Estate Planning, Health Care Proxy, Medicaid Planning, Probate, Trusts, Uncategorized, Wills

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