In The End, Even The Middle Class Would Feel GOP Squeeze On Nursing Home Care
In The End, Even The Middle Class Would Feel GOP Squeeze On Nursing Home Care By Jordan Rau ORANGE, Va. — Alice Jacobs, 90, once owned a factory and horses. She raised four children and buried two husbands. But years in an assisted living facility drained her savings, and now she relies on Medicaid to […]
Are Trusts Still Useful If the Estate Tax Is Repealed?
With Republicans in control of Congress and the presidency, there is talk of eliminating the federal estate tax, which in 2017 affects estates over $5.49 million. This begs the question: With no estate tax, do you still need a trust?
How Medicare and Employer Coverage Coordinate
Medicare benefits start at age 65, but many people continue working past that age, either by choice or need. It is important to understand how Medicare and employer coverage work together.
Owe Back Taxes? The IRS May Grant You Uncollectible Status
Sometimes seniors find themselves owing past-due federal taxes they cannot afford to pay. Althoough notices from the IRS can be especially frightening, there are solutions.