2 03, 2023

What Does the Term “Decedent” Mean?

2023-03-02T16:51:01-05:00March 2nd, 2023|

“Decedent” is a legal term that refers to a person who has died with unsatisfied legal obligations. At the end of their life, a decedent has some legal duties that must be fulfilled through a representative. For example, decedents remain [...]

2 03, 2023

Deducting Long-Term Care Insurance Premiums in 2023

2023-03-02T16:40:32-05:00March 2nd, 2023|

Are you a taxpayer who has purchased long-term care insurance (LTCI)? Take note of your policy details and your premium amount, as you may be able to deduct the cost – or at least part of it – from your [...]

2 03, 2023

Does Medicare Pay for Assisted Living?

2023-03-02T16:28:03-05:00March 2nd, 2023|

Assisted living facilities support older adults with daily living while fostering their independence. Individuals who do not require round-the-clock nursing but need help with everyday activities like bathing, housekeeping, medications, and meal preparation can benefit from assisted living. Some seniors choose [...]