Nearly 56 percent of people in Ohio and the rest of the country admit to not having a will. According to a 2016 Gallup survey, most Americans have not made plans to specify how their estate should be disbursed when they die.
House panel endorses changes to Medicaid accounting
A U.S. House of Representatives Energy and Commerce health subcommittee voted 19-13 on Feb. 7 to endorse a bill that may change how Ohio and other states calculate couples' annuities for nursing home benefits. H.R. 181, which went through a detailed review by the panel, was introduced by two Republicans.
Bobby Vee's children battling over his estate
Ohio fans of singer Bobby Vee may be interested in learning that his four children are arguing over his estate. The singer, born Robert Velline, died from Alzheimer's on Oct. 24, 2016, shortly after a play based on his life story premiered at the St. Paul History Theater. This stage production and its earnings are the subjects of a petition filed by two of Vee's children.
Asset protection for parents with dementia
Are you a middle-age child of an aging parent? If so, chances are good that you worry about your parents' health and monitor them closely for any signs of decline. Some conditions manifest clearly and are easily diagnosed.
How to help an elderly relative with financial planning
With Ohio seniors living longer, fuller lives now than ever before, it can be difficult to know when to step in and help an elderly relative. This is an issue that family members find it is best to tackle before it becomes necessary. If provisions and desires are accounted for ahead of time, the transition could be easier when the time comes.
