you are caring for a loved one, you need to know about HIPAA. Although the Health Insurance Portability and Accountability Act, or HIPAA for short, was established in 1996, it wasn’t until 6 years later, in 2002, that the Privacy Rules were enacted.

As the baby boomer generation ages, there is an increase in people who do not have a spouse or children who will take care of them in their old age.

The “Claim and Suspend” strategy, also known as “File and Suspend,” allows a worker to claim their social security benefit and immediately suspend benefit payments.

On November 2, 2015, President Obama signed into law a federal budget agreement that will throw a wrench into retirement plans for many married couples. Two different Social Security "strategies" will take the brunt of it: file-and-suspend and restricted application.

For the first time in five years, seniors and retirees will not be receiving an annual raise in Social Security benefits in 2016 due to a decline in inflation driven by falling gas prices.

While it may seem harmless to have a social worker or expert staff member at a loved one’s nursing home help with Medicaid planning, this practice is actually illegal according to Texas law.

For most people, tax season means going through the motions of another filing. But some tax changes implemented in the New Year could affect long-term financial planning.

The short answer is YES! One of the ways that you can protect a loved one’s assets and establish Medicaid eligibility is through a properly drafted trust.