Monthly Archives: May 2021

I heard something about funds to help with COVID-19 deaths?

YES. FEMA (Federal Emergency Management Administration) whose mission it is to help people before, during and after disasters will have funds available starting April 12, 2021 to reimburse up to $9,000 per funeral to those that paid for burial of love ones from COVID. Funds were made available in the Coronavirus Response and Relief Supplemental...
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Does a revocable trust replace a will? Do all assets have to go into the revocable trust? And how much do trustees typically get paid?

Living or revocable trusts are effective estate planning tools that can avoid the hassle and cost of probate and ease the transition of assets after the death of a grantor. Clients often think that because their trust contains some, if not all, of their assets, that they only need a living trust to direct distribution...
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Does a Health Care Power of Attorney cover Medicare?

Not necessarily. Medicare due to its privacy notice has its own form they want completed. A competent person can complete the form called 1-800-MEDICARE AUTHORIZATION to Disclose Personal Health Information. This allows the named agent to talk with Medicare, research, choose coverage, handle claims and file an appeal. Its best not to limit the information...
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