January 2018 Archives | Waco Law Blog
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January 2018 Archives

Two Popular Medigap Plans Are Ending. Should You Enroll While You Can?

16472-Medigap.jpgIf you will soon turn 65 and be applying for Medicare, you should carefully consider which Medigap policy to enroll in because two of the most popular plans will be ending soon. In 2020, Medicare beneficiaries will no longer be able to enroll in Plans F and C.

Spending Down (or Exempting) Assets to Qualify for Medicaid

16479-Pay money.jpgMedicaid has strict asset rules that compel many applicants to "spend down" their assets before they can qualify for coverage. It is important to know what you can spend your money on without endangering Medicaid eligibility.

Eminent domain and the fight for a border wall

One of the most memorable statements made during President Trump's election was the topic of building a border wall spanning the southern U.S. and Mexico border. Currently, there is no authorization to begin construction of the border wall. However, there are many factors causing high-cost delays in obtaining what's necessary to go forward with the project.

How Will the New Tax Law Affect You?

16482-U.S. Capitol.jpgThe Tax Cuts and Jobs Act was signed into law on December 22, 2017 and represents the most significant reform of the U.S. tax code in over 30 years. Before we get into the details, you should be aware that almost everything listed below expires after 2025, and the tax structure reverts to its current form in 2026 unless Congress acts between now and then. However, the corporate tax rate cut from 35 percent to 21 percent does not expire.

How to avoid these estate planning mistakes

Having an estate plan in place can make the difference between peace of mind and regret. It is easy to ignore or put off planning for the future of your estate. However, learning from other people's mistakes, often saves a person time, money and heartache in the long run.

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