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Elder Law Changes

Elder Law Changes

know the laws and the numbers Beginning in 2014, there were some changes to a variety of laws that may interest elders and their loved ones. The following updated laws are particularly relevant for seniors and their families who are attempting to plan for the future. Gift and Estate Taxes: The annual gift tax exclusion continues at $14,000. This means a wealthy relative can give away gifts totaling $14,000 per year, per individual, and the benefactor will not incur a [...]

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Shocking Mail Fraud and the Elderly

Britain's police revealed some shocking photos of the extend of mail fraud that was uncovered investigating an 87 year old lost £90,000 after criminal gangs sent her endless fraudulent[...]

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Two Words that Cost Thousands in Medicare Bills – NBC News

Great coverage on the topic of "under observation" and the impact it can have on our clients. It’s not something they teach doctors in medical school. And it’s probably not something you’d know[...]

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Generosity Runs Deep in Boomers

Generosity Runs Deep in Boomers
During the last five years, three out of five Americans age 50 and older have provided financial assistance to members of their family, including adult children, parents, grandchildren, siblings or[...]

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Maximize Social Security Benefits

Maximize Social Security Benefits
Too many people end up getting less than what’s due to them from Social Security when they retire because they don’t know the rules and the real financial impacts, says independent retirement[...]

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Power of Attorney–An Important Document for You

Power of Attorney–An Important Document for You
By E. Garrett Gummer, III, Esquire (CELA) While your will lets you appoint the person, your executor, who will be responsible for the disposition of your assets after death, a durable power of[...]

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To Trust or Not to Trust?

By Susan Piette, Esq. In discussing estate planning with my clients, I am regularly asked about living trusts or more precisely, “revocable living trusts.” Many people have heard of them but[...]

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AARP launches video series to mark Medicare’s 48th anniversary

AARP is launching a three-part video series to mark Medicare’s 48th anniversary. The goal of the videos is to shift the Washington dialogue toward commonsense solutions and away from Medicare[...]

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FILIAL SUPPORT ACT

By E. Garrett Gummer, III, Esquire (CELA)  The Pennsylvania Filial Support Act permits an indigent person or any agency involved in the care of the indigent person, such as a nursing home, to make[...]

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