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

On behalf of Johnson Hobbs Squires LLP | Jan 31, 2018 | Elder Law, Firm News

If 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.Between...

Spending Down (or Exempting) Assets to Qualify for Medicaid

On behalf of Johnson Hobbs Squires LLP | Jan 17, 2018 | Elder Law, Firm News

Medicaid 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.In order to be eligible for...

Eminent domain and the fight for a border wall

On behalf of Johnson Hobbs Squires LLP | Jan 12, 2018 | Eminent Domain, Firm News

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...

How Will the New Tax Law Affect You?

On behalf of Johnson Hobbs Squires LLP | Jan 9, 2018 | Estate Planning, Firm News

The 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...

How to avoid these estate planning mistakes

On behalf of Johnson Hobbs Squires LLP | Jan 3, 2018 | Estate Planning, Firm News

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...

You Can Give Away More Tax Free in 2018

On behalf of Johnson Hobbs Squires LLP | Jan 2, 2018 | Elder Law, Firm News

After staying the same for five years, the amount you can give away to any one individual in a particular year without reporting the gift will increase in 2018.The annual gift tax exclusion for 2018 is rising from $14,000 to $15,000. This means that any person who...

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Recent Posts

  • The VA may cover at-home care for senior veterans
  • Signs of possible financial abuse of your elderly loved one
  • When can you sue for a construction defect in Texas?
  • 4 estate planning myths
  • Get the facts about eminent domain in Texas

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