As the costs of long-term care increase, people in Ohio are more concerned with the specifics of providing for themselves in the event that they need care later in life. For those who are planning to rely on Medicaid to cover some or all of the expenses, it's...
Serving the Cleveland Area since 1994
Serving the Cleveland Area since 1994
Month: December 2017
Estate taxes can often be avoided with dynamic estate planning
Most Ohio residents would probably prefer to pay as little in estate and inheritance tax as possible. This is especially true in the case of untimely deaths. The last thing a grieving family wants to deal with is extra taxes. The story of the so-called 'death tax" is...
Legacies and estate planning
People in Ohio who are creating an estate plan might think in terms of making a will and setting up a trust. However, there is another way to conceptualize the process. A 15th-century morality play called "Everyman" tells the story of a man facing his own death. In...
Some may pay more for Medicaid next year
At the end of each year, older Ohio residents and others throughout the country receive something called a Income-Related Monthly Adjustment Amount (IIRMA). It is sent by the Social Security Administration (SSA) and lets a person know how much that they will pay in...
Using the Veterans Aid & Attendance Pension Benefit for care
Veterans and the surviving spouses of veterans in Ohio may be eligible for a little-known benefit from the Department of Veteran Affairs. This program offers monthly benefits to help to pay for long-term care when people grow older and need help. The Veterans Aid...
