Do you get upset, angry, or cry easily? Tips are here! How often do you feel like crying? Do you cry or get upset with the slightest provocation? Do things that were manageable before now seem overwhelming? How is your stress level? Can you handle one more piece of bad news? If you find these …
Emotions Out of Control? Build Capacity Through Sleep Read More »
Serving as a trustee of a trust can be a huge responsibility, so trustees are entitled to compensation for their work. The amount of trustee compensation depends on the type of trustee and the complexity of the trust. Depending on the trust, a trustee’s duties can include managing trust assets, making distributions to beneficiaries, paying …
Trustee Compensation – What Is Reasonable and What Factors Should Be Considered? Read More »
Not everyone wants to take the required minimum distributions from their retirement accounts right away. If you don’t want your IRA distribution, one option is to donate it to charity and get a tax deduction. You are required to begin taking IRA distributions from your tax-deferred IRA when you reach age 72 (70 ½ if you turned …
If You Don’t Want an IRA Distribution, You Can Donate It to Charity Read More »
For tax year 2021, the IRS is expanding eligibility for the earned income tax credit (EITC), an important antipoverty measure that assists those with low-incomes. One key impact of these changes is that more people without children, many of whom are also people with disabilities, will qualify. Traditionally people with disabilities have “left money on the …
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 applicant to give away some assets while still qualifying for Medicaid. In order to be …
Better Than No Loaf: Medicaid Planning Using “Half a Loaf” Strategies Read More »
By: Allyson Stanton, LBSW, ALCP, Geriatric Care Manager and Owner of Stanton Aging Solutions For those of us with aging parents, the time will come when we have to discuss sensitive issues, such as where they will live, who will make medical decisions, who will handle their finances and what their wishes are for their …
How to Have Those Difficult Conversations with Our Mature Parents Read More »
By: Ellen S. Platt, MEd, CRC, CCM – President & Certified Aging Life Care Manager of The Option Group For many people, gathering with family and friends is a time-honored tradition, strengthening bonds and creating (or reliving) joyous memories. Dementia presents many challenges in the everyday cycle of life, as daily routines and the avoidance …
5 Important Tips When Planning a Trip with a Person with Dementia Read More »
By: Stephen R. Elville, J.D., LL.M. – Managing Principal and Lead Attorney of Elville and Associates, P.C. As children many of us rode in station wagons with our parents – some in station wagons with wood trim. Yes, whether you rode in one of these wagons or not, you saw them and you remember them. …
By: Stephen R. Elville – Managing Principal and Lead Attorney – Elville and Associates, P.C. Championing the Voices (hereinafter referred to in this brief article as “the film” and/or “CTV”) is a documentary and instructional film currently in production by Elville Studios, LLC about Supported Decision Making (“SDM”), the concept that persons with disabilities can …
By: Shannon Werbeck – Associate Attorney – Elville and Associates, P.C. In initial consultations with clients, one of our main goals, among other things, is to determine which type of estate plan will best suit a client. The two main types of estate plans are a Last Will and Testament or a Revocable Living Trust. …
What Plan Is Best for Me: Last Will and Testament or Revocable Living Trust? Read More »
