On May 11, 2023, the Covid Public Health Emergency (PHE) was formally ended by the federal government. The conclusion of the PHE also ended a requirement of the Families First Coronavirus Response Act (FFCRA) that kept people continuously enrolled in…
In many cases, disabilities and special needs are used interchangeably, but their meanings are different. Disability is a legal term referring to a physical or mental impairment substantially limiting one or more major life activities. Special needs is a more…
A nationwide network of VA offices assists disabled veterans with understanding and accessing government benefits. Generally, VA disability compensation provides tax-free monthly payments to veterans who became injured or sick during military service or whose condition worsened due to their…
AARP estimates that three out of four Americans over the age of 50 are planning on aging in place. These seniors are willing to employ alternative solutions to make it happen. The alternatives include home sharing (32%), modifying their home…
As a precautionary measure, you should make provisions in case you become incapacitated and require someone to manage your affairs. These legal documents can grant broad authority to one or more power of attorney agents to transact business or make…
Wealth transfer can be protected from excessive taxation by applying tax avoidance principles. Still, it requires careful planning and oversight to ensure techniques don’t cross the line to tax evasion. Assessing tax options can determine the best way to conduct business, personal,…
Parents don't usually think about death, illness, or injury when they are young. As unlikely as such a serious event is, it is a possibility. This is why we pay for medical insurance, disability insurance, and life insurance. Even though…
The future of long-term care in the United States is expected to undergo significant changes, presenting numerous challenges. A multi-faceted approach that includes policy changes, investment in the health care workforce, technology advancements, and a shift toward person-centered and community-based…
Suppose you became seriously ill or injured and could no longer make your own healthcare decisions? You don’t have to be old to become incapacitated. A living will, a component of an advance health care directive, can outline your wishes…
Creating a special needs trust (SNT) is an excellent method for planning for your loved one's future. A special needs trust can provide fiduciary management and oversight for a loved one unable to manage property or funds due to physical…