News

Veterans Pension Benefits – Aid and Attendance

Serving in the United States armed forces demands great sacrifice. But for veterans who return to civilian life, there are myriad benefits. Some veterans benefits are well-known and significant, such as the G.I. Bill to assist in paying for higher education. Others are common and more mundane, such as free ...
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Difference between a Will and a Trust

Do I need a Will or a Trust? The reading of a deceased person’s last will and testament is often dramatized in popular culture — as a black-clothed widow sobs, anxious relatives wait to see if they’ve been granted a piece of Uncle Harry’s vast riches. But a will is ...
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How do You Decide Power of Attorney for Aging Parents?

When you sign a power of attorney, you give someone else the power to act on your behalf. This person – or agent – can make important legal decisions for you related to things like healthcare, finance, and business. A power of attorney is often a necessary step for aging ...
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Amended American Health Care Act Passes House

The House of Representatives passed an amended version of the American Health Care Act today, May 4, 2017. Beyond reforming the health insurance system, the Amended American Health Care Act would turn Medicaid’s financing structure to a fixed federal contribution per beneficiary. The Congressional Budget Office estimates this would cut ...
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Michigan Legislature Eliminates Dower

In its lame duck session, the legislature passed a package of bills which eliminated dower in the state of Michigan. Dower is the interest in the real estate of a deceased husband given by law to his widow during her life. Up until now, Michigan was the only state that ...
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Medicare to Begin Paying for Diabetes Prevention Strategy

Medicare will start paying for a strategy to help millions of older Americans at high risk of diabetes from developing the disease. The new medicare benefits, which are scheduled to begin in 2018, are part of an increasing shift in the federal entitlement program, from its half-century tradition of mainly ...
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6 Changes Coming to Social Security income for 2017

For decades, most workers have come to depend on their Social Security income to make ends meet during their retirement years. As Social Security benefits are vital to seniors, it is important to understand the changes to the Social Security rules for 2017: Change #1:  Increase in monthly payment. Social ...
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8 Estate Planning Mistakes That Can Tear Families Apart

Let's face it, most of us do not want to think about ourselves or our loved ones growing old and facing death. It’s not surprising that this aversion can lead to estate planning mistakes which can cost your family in time, money, and stress. Unfortunately, we often see how these ...
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