Social Security and Medicare, are the two most expensive federal social programs, and it has been recently announced that they will run out of money three years earlier than original estimates indicated. Trustees estimated that Social Security will run out of funds in the year 2033, and Medicare will be insolvent in 2024. More and… Continue reading Federal Assistance Programs are Running Out of Money
Category: Debt
Medicaid Planning – Planning for Your Future Health Costs
Skillern Law is excited to be adding Medicaid/Nursing Home Estate Planning to our practice areas. It's a new type of estate planning in the law, and it's becoming more and more important as the baby boomers are growing older. A lot of people do not know what it is or what it entails exactly. Let's… Continue reading Medicaid Planning – Planning for Your Future Health Costs
Till Debt Do Us Part
I was researching for a client recently who asked about debt and what exactly happens after a significant other or a child passes away. The client had signed as a co-signer on some of the deceased loans and was wondering if she was responsible for that debt. Also, the client was wondering whether her new… Continue reading Till Debt Do Us Part