Lawsuit Charges Corona Estate Planning Attorney Joseph Hudack knows that plaintiffs in a class-action lawsuit against the Social Security Administration (SSA) might describe it as an open-and-shut case. When the SSA closed its field offices at the onset of the COVID-19 pandemic, it remained open for the purposes of denying benefits. But, plaintiffs say, the…
Special Assessments and HOA Fees Corona Estate Planning Attorney Joseph Hudack knows that members of the homeowners’ community are required to pay assessment fees every month. This doesn’t mean that they will just pay whatever the HOA decides to charge them. Homeowners have every right to question an increase in monthly HOA fees or why…
Medicaid Estate Planning Long-term care involves not only a loss of personal autonomy; it also comes at a tremendous financial price. Proper planning can help your family prepare for the financial toll and protect assets for future generations. Long-term care can be very expensive, especially around-the-clock nursing home care. Most people end up paying for…
Medicaid Planning Strategies While it is preferable to conduct long-term care planning well in advance of needing care, if you haven’t planned ahead, there are some strategies available to avoid spending all your assets. Three so-called “half a loaf” approaches allow a Medicaid/Medi-Cal applicant to give away some assets while still qualifying for Medicaid/Medi-Cal. In…
HOA Rules and Regulations: Understanding the Framework of Community Living When you purchase a home within a community association, whether it’s a condominium, townhouse, or planned development, you automatically become a member of the homeowners’ association (HOA). This membership entails adherence to a set of rules and regulations established by the association. While some may…
Corona Estate Planning Attorney Joseph Hudack knows that the Social Security trustees are projecting that due to the economic downturn caused by the pandemic, the Social Security trust fund will be depleted in 2033 — one year earlier than the previous estimates. Social Security and Medicare – Once the fund is depleted, Social Security benefits…
Armed with a New Report, White House Pushes Congress to Reduce Prescription Drug Costs Corona Estate Planning Attorney Joseph Hudack – The Biden administration is calling on Congress to pass proposals to lower prescription drug prices, including allowing Medicare to negotiate with drug companies and capping out-of-pocket spending by Medicare beneficiaries. Americans spend on average…
It’s Medicare Open Enrollment Time Corona Estate Planning Attorney Joseph Hudack says that every year Medicare gives beneficiaries a window of opportunity to shop around and determine if their current Medicare plan is still the best one for them. During Medicare’s Open Enrollment Period, which runs from October 15 to December 7, beneficiaries can freely…
Online Survey Helps Older Adults Assess Corona Estate Planning Attorney Joseph Hudack knows that all older Americans are vulnerable to financial abuse, but there are certain circumstances that make someone more likely to be scammed. An online survey can help older adults (or their caregivers) assess their risk of being exploited based on how they…
IRS Announces Corona Estate Planning Attorney Joseph Hudack – The IRS has announced that the tax deduction for medical expenses includes amounts spent on face masks, sanitizer, and other products purchased to prevent the spread of the coronavirus. If you have significant medical expenses, you may be able to deduct them from your taxes. Many…