Long-term care adds up fast; the annual median cost for a private nursing home room was $105,850 in 2020. The government can pay the bill for people with Medicaid, but it's not easy to qualify. However, there are tools a person can use to avoid spending down assets...
Plan For The Future With Confidence
Month: January 2022
What to know about 529 plans in Maryland
529 plans are a highly common method of reducing taxes at both the state and federal levels. However, Maryland residents who are thinking of utilizing this helpful estate planning option should bear in mind that grantors are not allowed to make any alterations to a...
What are Medicaid long-term care qualifications?
If you have a loved one in Maryland whose physical abilities or mental faculties have started to decline, you may begin to think about the possibility of long-term medical care. Perhaps you're wondering if that possibility is something you will eventually need. How do...
