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The Medicaid Benefits Redetermination Process
The Medicaid agency reviews a beneficiary’s eligibility for continued Medicaid coverage as part of a Medicaid redetermination process. Typically, this process occurs annually. However, during the pandemic, the federal government enacted the Families First Coronavirus Response Act (FFCRA), requiring continuous Medicaid enrollment without redetermination until the public health emergency (PHE) is legally
A Guide to Living Wills: Ten Things to Know
How would you make decisions regarding your healthcare if you were seriously ill or injured? You don’t have to be old to become incapacitated. A living will, a component of an advance health care directive, can outline your wishes so that your loved ones can make informed decisions about your
Using Free Legal Documents Online Can Be Dangerous
Choosing an agent to make decisions on your behalf is the purpose of a power of attorney. They could be related to personal finances, business operations, or medical needs and used for a single immediate purpose or an ongoing situation. This may sound pretty straightforward. When you are looking for
Understanding Taxes and Special Needs Trusts
Often, families who care for a loved one with special needs or a disability create and fund special needs trusts. It can provide peace of mind to improve a family member’s future quality of life without jeopardizing their eligibility for government benefits. However, families must also consider the tax implications
Considering the Major Elements of Estate Planning
You can ensure your loved ones are cared for after your death by creating an estate plan. It requires organization and strategy and begins with five key legal documents that can address many areas of estate planning concerns. Proper estate planning can provide tax savings and asset protection so
Adults With Intellectual Disabilities and Developmental Disabilities
A person with intellectual and developmental disabilities, also known as I/DD, has varying conditions that impact their ability to adapt to daily life and social skills, as well as their ability as follows: Reason Learn Problem-solve Live independently I/DD is, in essence, the adult terminology for special needs, the term
Is It Fair to Give Each Child the Same Inheritance?
The equitable division of assets among children is the logical and right decision in many situations. Yet, in some families, each child receiving the same inheritance can be inappropriate, deplete the estate’s assets due to ensuing litigation, or cause other family issues after you are gone. While the answers
Planning for the Estate of a Surviving Spouse
Grieving after losing a spouse or long-term partner can make it difficult to see beyond your grief. However, it is crucial to understand there are important and timely decisions you need to make regarding your finances and personal estate plan. In truth, estate planning is perpetual as it accounts for
Generational Wealth: Keeping It in Your Family After Your Death
It may have taken years for you to cultivate and protect your legacy for future generations. But have you thought about the impact it will have on family members who are in different stages of life after you are gone? It’s crucial that your loved ones are ready for the
How the Probate Process Works
Despite its negative reputation, probate can sometimes be avoided or minimized with thoughtful estate planning. In reality, most heirs will have to navigate the probate process to some degree after losing a loved one. Understanding what probate is in conjunction with careful estate planning can minimize probate’s impact on an
