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Archives

Monthly Archive for: "October, 2020"
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By John Belconis
In Elder Law News
Posted October 28, 2020

IRS Issues Long-Term Care Premium Deductibility Limits for 2021

The Internal Revenue Service has announced the amount taxpayers can deduct from their 2021 income as a result of buying long-term care insurance.

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By John Belconis
In Elder Law News
Posted October 16, 2020

Where Trump and Biden Stand on Issues Important to Older Americans

With the presidential election only a few weeks away, it is important for voters to know the candidates’ positions on issues like Medicare, Medicaid, and Social Security. 

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By John Belconis
In Elder Law News
Posted October 14, 2020

A Modest Social Security Increase for 2021

The Social Security Administration has announced a 1.3 percent increase in benefits in 2021, an increase even smaller than last year’s. 

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By John Belconis
In Elder Law News
Posted October 7, 2020

How to Fix a Required Minimum Distribution Mistake

The rules around required minimum distributions from retirement accounts are confusing, and it’s easy to slip up. Fortunately, if you do make a mistake, there are steps you can take to fix the [...]

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By John Belconis
In Elder Law News
Posted October 7, 2020

The Ins and Outs of Guardianship and Conservatorship

Every adult is assumed to be capable of making his or her own decisions unless a court determines otherwise. If an adult becomes incapable of making responsible decisions, then the court will [...]

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By John Belconis
In Elder Law News
Posted October 1, 2020

New York Imposes Restrictions on Medicaid Eligibility for Home Care

New York was the only state that didn’t have a look-back period for Medicaid home care, but that is now changing. New York Medicaid applicants will no longer be eligible for home care if they [...]

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