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Who Can Override a Power of Attorney (POA)?

Posted by Laura E. Stubberud | Jan 11, 2023 | 0 Comments

A power of attorney (POA) is a legal agreement that gives a person (agent) the ability to act on behalf of another person (principal). A common question asked about POAs is under what circumstances a person can override them. POAs can be overridden. However, the “who” and “how” depends on whet...

What Is a Medicare Summary Notice?

Posted by Laura E. Stubberud | Jan 11, 2023 | 0 Comments

Every three months, those with original Medicare receive a claims statement called a Medicare Summary Notice. As Medicare.gov explains, this notification describes all the services or supplies that providers or suppliers attributed to Medicare during the preceding three months. The document sh...

Deducting Long-Term Care Insurance Premiums in 2023

Posted by Laura E. Stubberud | Jan 04, 2023 | 0 Comments

Are you a taxpayer who has purchased long-term care insurance (LTCI)? Take note of your policy details and your premium amount, as you may be able to deduct the cost – or at least part of it – from your 2023 income. If your total eligible medical expenses (including your LTCI policy premium) f...

Does Power of Attorney End at Death?

Posted by Laura E. Stubberud | Dec 30, 2022 | 0 Comments

A power of attorney is a powerful planning document that enables you (the principal) to give another person (the agent or attorney-in-fact) the power to act for you while you are alive. Because it is often prepared in the context of estate planning, many believe it gives their agents the power...

Start 2023 Prepared: Reassess What Matters Most

Posted by Laura E. Stubberud | Dec 22, 2022 | 0 Comments

If we have learned anything these past few years, it's that life is fleeting. Amid such uncertain times, many of us have realized what – and who – truly means the most to us. Estate planning allows you to reflect on your family, your priorities, and what actions you can take now to secure your f...

5 Reasons for Seniors to Celebrate in 2023

Posted by Laura E. Stubberud | Dec 22, 2022 | 0 Comments

It has been a tumultuous few years. Amid a continuing pandemic, tense midterm elections, and a war in Ukraine, we have grappled with more than our fair share of grim news. However, with the new year upon us, there are some silver linings — in particular for seniors. Here are five reasons for se...

5 Healthy Holiday Nutrition Tips for Seniors

Posted by Laura E. Stubberud | Dec 16, 2022 | 0 Comments

Yuletide is just around the corner. They say it's the most wonderful time of the year. However, you should take care of yourself during the holiday, especially if you are a senior. Proper nutrition is key to maintaining good health. This is especially true during the holiday when there are many ...

What Does the Term “Decedent” Mean?

Posted by Laura E. Stubberud | Dec 08, 2022 | 0 Comments

“Decedent” is a legal term that refers to a person who has died with unsatisfied legal obligations. At the end of their life, a decedent has some legal duties that must be fulfilled through a representative. For example, decedents remain obligated to satisfy certain debts incurred during their l...

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