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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...
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 Medicaid,...
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...
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...
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...
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...
