Social Security Benefits To Increase Modestly in 2021

Q.  Has there been any word as to whether there will be a cost-of-living increase in Social Security in 2021? A.  Yes. Just recently, the Social Security Administration announced a 1.3 percent rise in benefits in 2021, an increase even smaller than last year’s cost-of-living increase. Cost-of-living increases are tied to the consumer price index,… Read More »

Special Planning for an Incapacitated Spouse

Q. My wife suffers from dementia and has been in a nursing home for some time. About a year ago, we put everything in my name so she could qualify for a Medi-Cal subsidy to help pay for her care. We currently have only simple wills which leave everything to the survivor of us, and… Read More »