Each month, the Law Offices of Linnea J. Levine PC will provide the latest Elder Law News for your consumption. Our hope is to keep you informed on any and all relevant information at our disposal. This month’s topic: Social Security Beneficiaries Will Receive a 2 Percent Increase in 2018
Linnea celebrates her 25th year assisting families in the practice areas of Elder Law, Special Needs Planning and Estate Planning to preserve their assets and to obtain quality care and eligibility to receive public benefits.
The announcement of the 2018 Medicare premium is good news for some beneficiaries and bad news for many others.
You may be afraid of losing your home if you have to enter a nursing home and apply for Medicaid. While this fear is well-founded, transferring the home to your children is usually not the best way to protect it.
After staying the same for five years, the amount you can give away to any one individual in a particular year without reporting the gift will increase in 2018. Very few taxpayers will have to pay a gift tax in any case.
Since 1998 Linnea qualified and has maintained her qualifications for the designation of Certified Elder Law Attorney (CELA) awarded by the National Elder Law Foundation, approved by the American Bar Association. (The Rules Committee of the Connecticut Superior Court currently does not recognize Elder Law as a concentrated area of practice). She has repeatedly been named as a Super Lawyer in Elder Law for the New England Region. Linnea was named “Most Valuable Member for 2014” by the Connecticut Chapter of the National Academy of Elder Law Attorneys.