Estate Planning Attorney Options for Grandparents Estate Planning Attorney Joseph Hudack knows that there are several ways to plan for your grandchildren’s future. Different tools may be used to incorporate this newer generation into an estate plan. One way is to give the gift of education. With college tuition rising every year for both private…
Major Nursing Home Reforms, Most Extensive “In Decades” Estate Planning Attorney Joseph Hudack knows that the Biden administration has announced far-reaching major nursing home reforms, targeting staffing and accountability at facilities with deficient care. Advocates are calling the proposals, which include the first-ever federal minimum staffing levels, the most significant reforms in decades. Nursing homes…
Annual Long-Term Care Survey Estate Planning Attorney Joseph Hudack says that the Annual Long-Term Care Survey climbed again in 2021, with rates for home health aides and homemakers seeing the sharpest rises, according to Genworth’s annual Cost of Care Survey. The coronavirus pandemic continues to contribute to cost increases. In the past year, Genworth reports…
The Accountable Care Organization Realizing Equity, Access, and Community Care “Medicare ACO REACH Model” Estate Planning Attorney Joseph Hudack knows that in the face of mounting criticism that its Direct Contracting initiative will undermine traditional Medicare, the Biden administration announced that rather than terminate the model, it is changing its name and adding protections against abuse.…
Are Seniors Eligible for Earned Income Tax Credit? Estate Planning Attorney Joseph Hudack knows that working seniors without dependents may qualify for the earned income tax credit when they file their 2021 tax returns. The tax credit assists those with low incomes but was previously primarily available to people with young children. If you file…
Naming a Trust as a Beneficiary of Your Retirement Plan Estate Planning Attorney Joseph Hudack says that naming a trust as a beneficiary of your retirement plan can be a good idea in some circumstances. Still, it can be dangerous if you are worried about creditors coming after your estate. There are many good reasons…
Direct Contracting Program Estate Planning Attorney Joseph Hudack knows that the Biden administration is hearing mounting calls to end a program that advocates warn will radically transform Medicare. At the same time, the administration is getting counter-pressure from the health care industry that sees a sudden threat to the potentially lucrative plan. A decision may…
Can You Lose Medicaid Coverage? Estate Planning Attorney Joseph Hudack knows that while declining COVID-19 cases is good news, the end of the pandemic could mean millions of Medicaid recipients will lose their coverage. Federal law has prevented states from terminating Medicaid benefits while the coronavirus health emergency is in place. The Secretary of Health…
What Documents Are Required for a Medicaid Application? Estate Planning Attorney Joseph Hudack says that Medicaid applicants must prove that they have limited income and assets in order to be eligible for long-term care services. Before beginning the application process, it is helpful to understand what information you will be required to provide to prove…
Get Free At-Home COVID-19 tests Estate Planning Attorney Joseph Hudack says that medicare beneficiaries will soon be eligible to obtain up to eight free rapid At-Home COVID-19 tests per month, and, unlike their privately insured counterparts, they won’t have to pay for them upfront, the Biden administration has announced. The federal Centers for Medicare and…