If you need a lot of cash on hand upon retirement, Social Security offers a lump-sum payment option that’s worth six months of benefits. However, it comes at a cost. It is important to understand the details before agreeing to the payment. If you have waited beyond your full retirement age (66 for those born […]
Some Social Security Beneficiaries Can Get Retroactive Payments — But at a Cost Read More »
Grandparents often are particularly generous to grandchildren as they see their family’s legacy continuing on to a new generation. In many cases, grandparents feel they have ample resources and their children or grandchildren may be struggling financially. Assistance with summer camp fees, college tuition, wedding costs or the downpayment on a first home, can relieve
Six Things to Consider Before Making Gifts to Grandchildren Read More »
Kristen Matthews Law is an Estate Planning and Elder Law Firm located in Exton, PA. To schedule an appointment with Kristen, call 484-874-2987.
Why Kristen Loves Practicing Law in Chester County Read More »
It is a very good idea to create advance directives in order to plan for the possibility that you may one day be unable to make your own medical decisions. In doing so, there can be confusion about the difference between a living will and a “do-not-resuscitate” order (DNR). While both these documents are advance
What is the difference between a living will and a do-not-resuscitate order? Read More »
If you have Medicare, you can now receive up to eight free rapid at-home Covid-19 tests a month at participating pharmacies. The free tests are available without a prescription to all Medicare beneficiaries with Part B, including those enrolled in a Medicare Advantage plan. If you only have Medicare Part A, Medicare won’t cover the
Medicare Now Covers the Cost of COVID At-Home Tests Read More »
As baby boomers age, more and more millennials are becoming caregivers. Many are taking on this role while just getting started in their own lives, leading to difficult decisions about priorities. Proper planning can help them navigate this terrain. The term “sandwich generation” was coined to refer to baby boomers who were taking care
Caregivers are getting younger, making planning for long-term care even more important Read More »
When a married couple applies for Medicaid, the Medicaid agency must analyze the couple’s income and assets as of a particular date to determine eligibility. The date that the agency chooses for this analysis is called the “snapshot” date and it can have a major impact on a couple’s financial future. In order to be
Medicaid’s “Snapshot” Date and Its Crucial Impact on a Couple’s Financial Picture Read More »
If a loved one is experiencing memory loss or suddenly making poor decisions, you may want the court to appoint a guardian, which requires a declaration of incompetence. Determining whether someone is incompetent to make their own decisions is a complicated process. If a loved one is unable to make decisions for him or herself,
When Can Someone Be Declared Legally Incompetent? Read More »