In a final rule issued on September 18, 2018, the Department of Veterans Affairs (“VA”) amended its regulations governing VA pension benefits effective October 18, 2018. This rule has been over three years in the making as the VA first proposed these changes in January 2015. There is now a three-year lookback period with penalties […]
Who to Choose as your Financial Pinch-Hitter – a Family Member or a Trust Company
One of the most crucial estate planning questions is this: Who should you designate to step-in and manage your financial affairs if the day comes when you no longer want to, or are no longer able to, continue to do it yourself? In my experience, most people don’t give much thought to this question, even […]
What Happens if I Don’t Have an Advance Directive?
Recently I made a late-night visit to a hospital Emergency Room. Fortunately, it wasn’t anything too serious. Upon discharge I was given a lot of paperwork to take home with me. Included was a booklet titled “Advance Directives and Planning.” I appreciate that my local Emergency Department is giving out information on advance directives, which […]
Job Opening for Pennsylvania Attorney
ATTORNEY Marshall, Parker & Weber, LLC, an elder law and estate planning law firm, is seeking a full-time attorney for its Northeast and Central region. Candidate with Three or more years’ experience in elder law and estate planning is preferred. Candidate must be a community-minded individual. Candidate must have Pennsylvania Bar admission. There are no […]
Financial Power of Attorney and Trust – Understanding the Differences
Someday you may want or need to have someone help you manage your assets and financial life. Two common methods of authorizing someone to step in are the financial power of attorney and the trust. While both of these tools are used to authorize someone to handle financial matters for you they have some significant […]
What to do if Your Long-Term Care Insurance Premiums Have Skyrocketed
At an alarming rate, owners of long term care insurance policies are getting notices that the premium for their policy is going up. These letters advise of options to reduce the impact of the premium increases, such as taking a reduction in benefits. Insurance companies are also warning that these increases will continue in the […]
Aretha Franklin the Legend…. Don’t be like Aretha
As many of you know Aretha Franklin passed away on August 16, 2018 after a battle with pancreatic cancer. Ms. Franklin will be known as a legend and the “Queen of Soul” for years to come, but she will also be known as one of the celebrities who never set up a will or trust. […]
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