What Is Cost Basis and How Do You Prove It?
Knowing the "cost basis" of your property is important for tax purposes, but proving cost basis can be difficult.
Knowing the "cost basis" of your property is important for tax purposes, but proving cost basis can be difficult.
For only the third time in 40 years, the nation's elderly and disabled Social Security recipients will not receive an increase in benefit payments next year. However, as a direct result of this, about 30 percent of Medicare are facing a staggering 52 percent increase in premiums.
Are you happy with your Medicare coverage? It is time to review whether your plan or plans are working for you.
A federal appeals court has ruled that Medicaid officials must accept applicants' short-term annuities, providing more certainty for Medicaid applicants' use of this important planning tool.
If you are able to continue working while receiving Social Security benefits, you can increase your overall benefit. In addition, although your benefits may be reduced due to your work, you can recoup those lost benefits.
A recent court decision in Minnesota serves as a cautionary reminder to anyone thinking of changing their estate plan on their own.
Some parents, fearful of how a large inheritance will affect their heirs, set up what are known as “incentive trusts” that ensure that the trust funds support positive behavior and discourage unproductive activities.
ElderLawAnswers member attorney Kimberly Harris has won the State Bar of Georgia’s annual fiction writing contest.
The Centers for Medicare and Medicaid has announced the 2015 Medicare premiums, deductibles, and coinsurances . . .
The VA offers two disability programs: Disability compensation and disability pension.