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Transferring Assets to Qualify for Medicaid
Transferring assets to qualify for Medicaid can make you ineligible for benefits for a period of time. Before making any transfers, you need to be aware of the consequences. Congress…
22 Attorneys Recognized as 2021 Legal Elite by Virginia Business
The 22nd edition of Virginia Business Legal Elite has been published and ThompsonMcMullan is honored to have 22 attorneys recognized for their professional efforts and expertise. Earlier this year, lawyers…
Elderly Couple May Be on the Hook for Adult Son’s Medical Bills; Some Virginia Thoughts.
An elderly Pennsylvania husband and wife are being asked to pay their deceased adult son’s medical bills under a law making family members responsible for a loved one’s unpaid bills. …
What’s the Difference Between Medicare and Medicaid in the Context of Long Term Care?
Although their names are similar- Medicaid and Medicare are very different programs. Both programs provide health coverage- but Medicare is an “earned benefit” program available to individuals who reach age…
21 Attorneys Named to Virginia Business Legal Elite
For the 23rd year, Virginia Business has recognized and published its Legal Elite edition and ThompsonMcMullan is proud to have 21 attorneys named for their experience. First launched in 2000…
Medicare Premiums to Increase Slightly in 2021
Medicare premiums are set to rise a modest amount next year, but still cut into any Social Security gains. The basic monthly premium will increase $3.90, from $144.60 a month…
A Tax Break to Help Working Caregivers Pay for Day Care
Paying for day care is one of the biggest expenses faced by working adults with young children- a dependent parent- or a child with a disability- but there is a…
Should an Annuity Be Part of Your Retirement Planning?
Annuities can be valuable retirement and longevity planning tools- but they are complex financial products that can be misused. There are two kinds of annuities: variable and immediate. Variable annuities…
Nearing 65 and in a Marketplace Plan? Medicare Is Almost Always Your Best Bet
Are you approaching age 65 and currently covered by a marketplace health care plan under the Affordable Care Act (aka “Obamacare”)? If so- you should think carefully about your options. …
SCOVA Watch: Three Takeaways From the Court’s Recent Ruling on Same-Sex Cohabitation
Last December, I previewed the case of Luttrell v. Cucco, which had, at that time, just been taken up by the Supreme Court of Virginia. The Court recently issued its…