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    PACT Act for Veterans Exposed to Toxins Passes!

    PACT Act for Veterans Exposed to Toxins Passes

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    What It Means to Need ‘Nursing Home Level of Care’ for Medicaid Eligibility

    When applying for Medicaid’s long-term care coverage, in addition to the strict income and asset limits, you must demonstrate that you need a level care typically provided in a nursing home.  

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    You Can ‘Cure’ a Medicaid Penalty Period by Returning a Gift

    Anyone who gifted assets within five years of applying for Medicaid may be subject to a penalty period, but that penalty can be reduced or eliminated if the assets are returned. 

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    What Are the House Ownership Options When Parents and Adult Children Live Together?

    Increasingly, several generations of American families are living together. These multi-generational living arrangements present legal and financial challenges around home ownership.

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    Why Everyone Should Have an Estate Plan

    Do you have a will? A durable power of attorney? A health care proxy? If not, why not? Failure to create an estate plan risks causing discord in your family for generations to come.

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    Five Estate Planning Myths

    There are lots of misconceptions about estate planning, and any one of them can result in costly mistakes. Understanding who needs an estate plan and what it should cover is key to creating a plan that is right for you. 

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    Make Sure Your Life Insurance Is Not Taxed at Your Death

    Although your life insurance policy may pass to your heirs income tax-free, it can affect your estate’s tax liability. 

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    Moving to a New State? Be Sure to Update Your Estate Plan

    While legally you may not need all-new estate planning documents if you move to a different state, you should have your documents reviewed by a local attorney in your new home. 

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    What You Can’t Do With a Will

    While a will is one of the most important estate planning documents you can have, there are things that it won’t cover. A will is just one part of a comprehensive estate plan. 

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    The Hazards of Do-it-Yourself Estate Planning

    Many websites offer customized, do-it-yourself wills and other estate planning documents.  Although these products are convenient, using them could create serious and expensive legal problems for heirs. 

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