by NorthernLaw | Nov 23, 2022 | Uncategorized
Although inflation is generally nothing to be pleased about, the IRS recently announced inflation-adjusted changes to the gift tax annual and estate tax exclusions for 2023. If you are considering wealth transfer tax planning, these are welcome increases. Gift Tax...
by NorthernLaw | Nov 23, 2022 | Uncategorized
Medicaid Planner is a term that encompasses many different types of professionals who may be able to assist you or a loved one with qualifying for Medicaid benefits. Not every Medicaid Planner may be appropriate for your individual needs or situation. Although...
by NorthernLaw | Nov 1, 2022 | Uncategorized
The Social Security Administration has announced that its beneficiaries will see a significant increase – totaling nearly 9 percent – in their monthly Social Security checks come January 2023. This cost-of-living adjustment (COLA) is the largest boost to Social...
by NorthernLaw | Nov 1, 2022 | Uncategorized
If you are considering preparing a will, this is a great first step in planning for the future. Clients often think that their will is the document that should include all their wishes and provide for the distribution of all their property and funds. That is not the...
by NorthernLaw | Sep 2, 2022 | Uncategorized
Long-term care involves not only a loss of personal autonomy; it also comes at a tremendous financial price. Proper planning can help your family prepare for the financial toll and protect assets for future generations. Long-term care can be very expensive,...
by NorthernLaw | Sep 2, 2022 | Uncategorized
A recent survey by the American Advisors Group (AAG) finds that 55 percent of adult children say they are not financially prepared to help their Baby Boomer parents cope with rising inflation and living expenses. “Americans want to see their parents age with grace and...
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