Nightmare “Sale” of Residence to Granddaughter
A recent thread on an advanced elder law listserv involved a client who plans to “sell” her residence to her granddaughter for the value of the reverse mortgage owed on…
Private Insurance Wins in Rescue Plan at Expanding Health Coverage
Democrats spent much of the 2020 presidential primary debating the best way to expand public health insurance. They sparred over whether to enroll everyone in public coverage — the preferred…
Study Finds Cost-Sharing Increases Can be Deadly
A recent study supports the Center for Medicare Advocacy’s long-held concern about increasing out-of-pocket costs for Medicare beneficiaries. In summary, requiring beneficiaries to pay more of their own money will…
Lawsuit Threatens No-Charge Preventive Care for Millions
With a challenge to the Affordable Care Act still pending at the Supreme Court, conservatives are continuing to launch legal attacks on the law, including a case in which a…
Why it Might be a ‘Mistake’ to File Your 2020 Taxes Now
Tax season officially starts Feb. 12 and you have until April 15 to file and pay taxes owed. But there’s a wrinkle this year and it has to do with…
Biden Reopens ACA Insurance Marketplaces for Uninsured Americans
By Amy Goldstein January 25, 2021 President Biden is scheduled to take executive actions as early as Thursday to reopen federal marketplaces selling Affordable Care Act health plans and to…
Social Security Actuaries Update Projections for COVID-19
Long-run deficit changes little and trust-fund depletion date moves forward one year After months of speculation, Social Security actuaries have released an updated assessment of the program’s finances to reflect…
Why Do-it-Yourself Wills Don’t Work
From time to time, clients have come into our office with wills or powers of attorney they had prepared or printed from an online source. In most cases we have…
You May Want to Wait on Looking for Medicare Part D Plan
The following article entitled Medicare Plan Finder Problems Emerge – At Least Three SHIP Programs Cautioning People to Delay Enrollment until Problems Resolved was posted October 22, 2020 by the…
New Law Addresses Effects of Divorce in Estate Plans
As part of Senate Bill No. 2851, the Mississippi Legislature passed a section of laws effective July 2020 that clarify the rights of divorced persons in wills, trusts and life…
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