Will You Owe a Gift Tax This Year?
If you gave away more than $18,000 to someone in 2024, you technically need to file a gift tax return. But will you actually owe a gift tax?
If you gave away more than $18,000 to someone in 2024, you technically need to file a gift tax return. But will you actually owe a gift tax?
Each year, the feds issue updated guidelines outlining how much of a couple's assets a healthy spouse can keep while their Medicaid spouse gets the long-term care support they need.
Research shows that nearly 70% of seniors will require long-term care at some point in their later years. Although it does add another expense to one's life, long-term care insurance can be helpful.
Medicare is a complex program with many benefits. Knowing about the options available to beneficiaries will help you understand and navigate the system. Let's look at Medicare's annual wellness visits.
As the population ages, the number of people affected by Alzheimer's disease and other forms of dementia continues to rise. For family caregivers, this role comes at a substantial cost.