Estate Planning

If you give away more than $15,000 in 2020, you technically would need to file a gift tax return, but don't worry about it unless you think you'll be gifting more than $11.58 million during your life.

By a vote of 216-214, the U.S. House of Representatives has passed budget legislation that will impose punitive new ...

Many Americans believe insurance will cover their nursing home needs, according to a new study from the Kaiser Fami...

An accountant explains how taxes and penalties could consume up to 90 percent of a retirement account, and offers five easy steps to prevent this from happening.

Bookstore shelves are bursting with titles to help the elderly and their families cope with the legal decisions that confront them. ElderLawAnswers.com reviews three of the best reference works we've found so far.

More Americans are turning to 'ethical wills' as a way of passing on their hopes and values to succeeding generations.

Fewer than half of severely ill and terminally ill patients have a living will or other advance medical directive in their medical record, according to a report. And poor communication between patients and their doctors means that even the existence...

The Centers for Medicare and Medicaid Services (CMS) has announced that Medicare beneficiaries will now be able to receive coverage of positron emission tomography (PET) to diagnose thyroid cancer and potential cardiac diseases. At the same time, CMS will...

The Supreme Court has ruled unanimously that states may force health maintenance organizations (HMOs) to accept any interested doctors, hospitals or other providers into their networks. Although the ruling appears to offer consumers greater choice of providers, some say...