Estate Planning Update – 12.14.21
Here When You Need Us
We wish you and your loved ones a very happy and safe holiday season! We look forward to serving you in 2022 and for many years to come.
Please do not hesitate to contact us if we can assist you with your elder law, special needs planning, or estate planning needs.
— Dana, Greg, and your Chambliss team
Top Five Articles of 2021
ICYMI: Thanks to all of our authors who provided content throughout the year! We covered everything from special needs trusts to digital assets like cryptocurrency to making the most of your charitable giving. Here are five of the most read articles of 2021:
- Receiving an Inheritance While on Medicaid
- How to Handle Sibling Disputes Over a Power of Attorney
- Tax and Estate Planning for Cryptocurrency
- Tennessee Further Solidifies Itself as a Top State for Trusts
- 529 Plan – A Double-Edged Sword for College Expenses and Estate and Gift Taxes
Estate Planning Resources
Medicare Premiums to Increase Dramatically in 2022
Medicare premiums are rising sharply next year, cutting into the large Social Security cost-of-living increase. The basic monthly premium will jump 15.5%, or $21.60, from $148.50 to $170.10 a month…
A Way to Lock in the Current Estate Tax Exemption to Benefit Your Spouse
With the fate of the estate tax exemption uncertain, you may want to use the current large exemption to transfer assets to a trust to benefit your spouse. A spousal lifetime access trust (SLAT) can help transfer assets outside of your estate…
Supportive Housing Programs Offer Integrated Solutions for People With Mental Disabilities
Since the 1960s, there has been steady reformation of mental health care in the United States. One of the most visible signs of this effort is the movement away from treatment in large state mental hospitals and toward community care. But “community care” encompasses a great number of programs, from treatment provided in group homes to interaction with a social worker to job training and other vocational training centers…
Also check out…
Sally Brewer and Rebecca Miller were recently interviewed by AARP to share insight on how to spot signs of elder fraud and abuse, including assessing the financial threat, identifying warning signs, minimizing the risk, and reporting suspected cases.
Free In-Home Vaccines for Adults with Disabilities in TN Available Today
Tennesseans with disabilities over the age of 18 and their family members and caregivers can now get a free COVID-19 vaccine in their own home! No proof of disability, age, or citizenship required. Simply register with Disability Rights TN at 800-342-1660, and a home health care worker will come to your house to give you the COVID-19 vaccine.