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Cleveland Elder Law Blog

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Congress Considering Seven Retirement Plan Changes

Posted by Todd W. Bartimole | Oct 27, 2022 | 0 Comments

CNN Business is reporting that there are seven possible changes to retirement plans that Congress is considering.  Both the Senate and the House have passed similar legislation, so we will have to see if they can form it into a cohesive bill to send to President Biden for his signature. An overv...

Power of Appointment Does Not Make Trust "Countable"

Posted by Todd W. Bartimole | Sep 07, 2021 | 0 Comments

Often in Medicaid planning we will create irrevocable trusts with a "power of appointment."  A power of appointment is a clause in your trust which enables you, or someone you designate, to do various things.  One of the things we often do in an irrevocable trust is create a power of appointment...

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