That is the million dollar question! Proposals have already been floated that would dramatically change the estate and elder law landscape.

New laws would eliminate the federal estate tax (currently the exemption is $5.4 Million), turn Medicaid (the program that covers indigent health care and long term nursing home care) over to the states in a capped block-grant arrangement administered by each state.

We are also likely to see cost-cutting changes to health care, Medicare and Social Security.

We won’t know the impact of future legislation for months if not years. What we know for sure is that the new rules, whatever shape they may take, will directly impact our estate and elder law clients.

We are committed to keeping you, our valued client, abreast of upcoming changes through our semi-annual printed newsletters and other interim ad hoc communications. Stay tuned!

Disclaimer

The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. We invite you to contact us and welcome your calls, letters and electronic mail. Contacting us does not create an attorney-client relationship. Please do not send any confidential information to us until such time as an attorney-client relationship has been established.

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