MICHIGAN ESTATE PLANNING LAWYERS

Best Michigan estate planning blogs

July 12, 2016

Obamacare and Long-Term Care Insurance

Obamacare fails to address the growing coverage gap. Despite the 2,200 page, $2.5 trillion effort known as the Affordable Care Act and the 20,000 pages of Obamacare regulations, there is a growing coverage gap that Obamacare fails to address. As a result, millions of Americans have ...

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July 12, 2016

Michigan VA Benefits for 2015

 Good news for Michigan veterans and surviving spouses with the announcement that there will be a cost of living (COLA) increase for 2015. This means that Michigan veterans benefits for 2015 will have the same increase for 2015 as those who receive ...

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July 12, 2016

Mickey Rooney Testifies about Elder Abuse

 People Magazine reports, “Mickey Rooney told a Senate hearing of a real-life drama involving eder abuse, and he spoke from his own personal case history.” Rooney testified that he felt trapped, scared, used and frustrated as he and his (ninth) wife ...

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July 12, 2016

Obamacare’s Impact on Medicare Advantage

Obamacare has implemented major changes in the United States’ health care system, especially in Medicare. By Chris Berry Obamacare mandates $716 billion in Medicare payment reductions from 2013 to 2022. These across-the-board changes in Medicare payment formulas include a number of Medicare providers, including ...

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July 12, 2016

How to Title IRA Beneficiary Designations

Standalone Retirement Plan Trust A common question I hear is "who should be named for beneficiaries of an IRA or retirement account?"  Should it be the spouse, the kids, the revocable living trust?  Typically, I hear, even professionals, say that ...

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July 12, 2016

One Option to Pay for Long-term Care: The Kids Pay.

Life expectancies in the U.S. have gone up again. According to the National Center for Health Statistics, women are living to an average of 81.1 years, and men to an average of 76.3. While living longer is wonderful news, most ...

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July 12, 2016

Is There a Better Way to Grow Old?

Ai-jen Poo, co-director of Caring Across Generations (a national coalition of advocacy groups to transform America’s long-term care system), director of the National Domestic Workers Alliance and one of Next Avenue’s 2015 Influencers in Aging, addressed that issue during a ...

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July 12, 2016

Pending Benefits Legislation, Part 2

Pending Benefits Legislation analyzed, solutions offered, by the National Academy of Elder Law Attorneys. In our previous post we discussed the primary areas of concern that the The National Academy of Elder Law Attorneys (NAELA) has provided the Department of Veterans’ Affairs after analyzing S. ...

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July 12, 2016

Organizing Affairs Before It’s Too Late

There’s no better time to start preparing your affairs than right now. For many, it can be uncomfortable to think about, or a task that continually gets put off until some distant tomorrow, but an emergency or accident could happen ...

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