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The Effects of the Build Back Better Act on Estate Planning
The House Ways and Means Committee approved President Biden’s Build Back Better Act’s (BBBA) tax provisions, a major step towards passage of the bill. As the draft now stands, the legislative proposal may restrict the abilities of higher net worth individuals to shelter assets from tax consequen. . .
7th December,2021
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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 change to more traditional independent and assis. . .
9th November,2021
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The Hidden Costs of Dementia and How It Affects Families
There are direct and indirect costs associated with Alzheimer’s and other related dementia diseases policymakers have to consider. Direct costs, in this instance, are the medical and social/non-medical care costs related to dementia; on average, expenses included $273 per month spent on medical su. . .
9th November,2021
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Beware of Widespread Genetic Testing Scams
There is a widespread fraud scheme involving genetic testing sweeping the country prompting the US Department of Health and Human Services Office of Inspector General to issue a national alert. The warning is for Medicare beneficiaries across the nation, and the federal government is working with la. . .
9th November,2021
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How to Incorporate Cryptocurrency Into Your Estate Plan
Cryptocurrency is a digital asset and as such needs to be addressed differently than traditional estate planning assets. Crypto-assets may comprise significant individual wealth in the forms of cryptocurrencies like Bitcoin and noncurrency blockchain tokens. If you own any of these asset classes, ad. . .
23rd November,2021
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Managing the Welfare of Your Elderly Parents
It can be challenging for adult children to imagine their parents as seniors and to understand and respond to the reality that each parent will age differently. Even if you are in the fortunate circumstance where your aging parents can go it alone for a long time there will come a day when assistanc. . .
12th November,2021
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