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Protecting Your Future with a Power of Attorney and a Health Care Proxy

Protecting Your Future with a Power of Attorney and a Health Care ProxyWho will take care of you and your finances and health care decision making if you become incapacitated?

The power of attorney is a financial document that names who will step in and take care of an individual’s finances if he is physically or mentally unable to handle them himself. The health care proxy does the same thing in the medical world. People often do not want to make decisions about naming a power of attorney or a health care proxy, but procrastinating is not the best option.

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The ABLE Act and Its Impact on Special Needs Planning

The ABLE Act and Its Impact on Special Needs PlanningRusso Law Group, P.C. is pleased to share this article on behalf of guest author Robert P. Mascali, Esq.

In December 2014, the Achieving a Better Life Experience (ABLE) Act was signed into law, adding to the toolkit for practitioners advising elderly and disabled clients. The ABLE Act allows contributions to be made to tax-advantaged ABLE Act 529A accounts to pay qualified expenses for disabled individuals.

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