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July 2017 Archives

Relief From Medicare's Part B Late-Enrollment Penalty Offered to Some

istock_000022816678_small_sm.jpgMedicare is offering relief from penalties for certain Medicare beneficiaries who enrolled in Medicare Part A and had coverage through the individual marketplace. For a short time, these individuals will be able to enroll in Medicare Part B without paying a penalty for late enrollment.

Are Trusts Still Useful If the Estate Tax Is Repealed?

16144-Estate tax.jpgWith Republicans in control of Congress and the presidency, there is talk of eliminating the federal estate tax. In 2017 the tax affects only estates over $5.49 million, meaning that for more than 99 percent of Americans, it's already been repealed. With no estate tax, do you still need a trust? While trusts can be used to shelter assets from the estate tax, trusts have many other valuable estate planning uses.

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