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A Guide to Understanding Gift Taxes

A Guide to Understanding Gift Taxes

Transferring assets, cash or property, without receiving anything of equal value is subject to gift tax. The asset has to be of a certain value for the tax to apply; otherwise, it falls under the gift tax exclusion, either annual…

Elder Law Attorney: What Do They Do?

Elder Law Attorney: What Do They Do?

Elder law deals with legal issues affecting older or disabled people. Attorneys who practice elder law advocate for and create legal plans to assist seniors, and their loved ones, in living better lives. Elder law may include planning for retirement,…

New Trends in Living Options for Seniors

New Trends in Living Options for Seniors

Housing options for seniors are undergoing exciting changes. In 2018 senior housing occupancy fell to an eight-year low, even as the senior population continues to increase, as competition for the younger baby boomer market is ramping up and forcing a…

New Law Signed Into Law, the Veterans Pact Act

New Law Signed Into Law, the Veterans Pact Act

As a result of the passage of the Sergeant First Class (SFC) Heath Robinson Honoring Our Promise to Address Comprehensive Toxics (PACT) Act on August 10, 2022, US veterans' health care and benefits will be expanded in the most significant…

Annuity For Married Couples That Is Medicaid-Compliant

Annuity For Married Couples That Is Medicaid-Compliant

An annuity is a financial product that pays a fixed amount of money every year throughout the life of the annuitant. Most annuities are deferred, meaning the payout doesn’t occur until a later date. However, you can receive immediate payouts…

Connections Between Family and Healthy Aging

Connections Between Family and Healthy Aging

Family ties are crucial in the lives of seniors. Family creates a consistent social network and connection that directly impacts the senior's overall quality of life. Prioritizing family relationships provides continuity as a senior experiences change in their social network.…

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