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Archives

Monthly Archive for: "April, 2021"
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By Donna Stefans
In Special Needs News
Posted April 9, 2021

Many Student Loan Borrowers with Disabilities Get a Reprieve, But Advocates Push for More

The Biden administration has announced relief for hundreds of thousands of people with disabilities who had their federal student loan debt reinstated because they failed to submit the proper [...]

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By Donna Stefans
In Elder Law News
Posted April 8, 2021

IRS Announces That Face Masks and Related Purchases Are Tax Deductible

The IRS has announced that the tax deduction for medical expenses includes amounts spent on face masks, sanitizer and other products purchased to prevent the spread of the coronavirus. 

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By Donna Stefans
In Elder Law News
Posted April 8, 2021

Medicaid Recipients Have a Little More Time to Spend Down Their Stimulus Money

The one-year deadline for nursing home residents on Medicaid to spend down their first round of stimulus checks is here, but they may have a little extra time.

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By Donna Stefans
In Special Needs News
Posted April 8, 2021

Bill Would Allow All Military Retirees to Name Special Needs Trusts as Beneficiaries of Pension Plans

A bipartisan bill fixes a flaw in earlier legislation and would finally allow any veteran to allocate pension payments to a trust for their survivors with special needs. 

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By Donna Stefans
In Elder Law News
Posted April 8, 2021

Finding the Right Hospital Bed Rental

If you are caring for a loved one at home, you may need to rent a hospital bed. Here are the ins and outs of hospital bed rentals. 

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By Donna Stefans
In Special Needs News
Posted April 8, 2021

Cities Try to Make 911 a Safe Number to Call for Mental Health Emergencies

Nearly a quarter of police shooting victims are mentally ill, according to one study.  Growing outrage over these fatal encounters has spurred a variety of potential remedies.

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By Donna Stefans
In Elder Law News
Posted April 8, 2021

Senators Propose Sweeping Changes to the Taxation of Estates and Inherited Gains

Vermont senator Bernie Sanders has introduced legislation that would require more estates to pay estate tax and that raises the amounts they would pay. Another proposed law would eliminate the [...]

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By Donna Stefans
In Special Needs News
Posted April 8, 2021

COVID-19 Relief Bill Makes ACA Even More Affordable, If Only Temporarily

The American Rescue Plan, signed into law by President Biden on March 11, 2021, makes health coverage bought through the Affordable Care Act (ACA) vastly more affordable for millions of [...]

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By Donna Stefans
In Elder Law News
Posted April 8, 2021

Why an Irrevocable Trust May Be Superior to Gifting

Parents and other family members who want to pass on assets during their lifetimes may be tempted to gift the assets.  Although setting up an irrevocable trust lacks the simplicity of giving a [...]

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StefanLawGroupPC

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