Ohio NAELA News
Welcome to the news blog of the National Academy of Elder Law Attorneys Ohio Chapter. Here we share news related to Elder Law, Estate Planning, Probate and Special Needs Planning, Veterans Benefits and more — for the benefit of our Chapter members, and the general public seeking more information about Elder Law.
What assets should not be placed in a revocable trust?
From Kiplinger — By Kris Maksimovich — A revocable living trust is an instrument created for the purpose of protecting your assets during your lifetime. It also creates an avenue to pass your assets with ease after your death. But what assets can go into a trust, and...
Considering Medigap this open enrollment? Watch out for the ‘Hotel California’ trap
From MarketWatch— By Brett Arends — If you are thinking of signing up for a Medicare Advantage (Medigap) plan for the first time this open-enrollment season, watch out for the “Hotel California” clause: Once you’re on the privatized program, you may find it hard to...
Here’s the 2025 COLA increase for Social Security recipients
From CBS News — By Aimee Picchi — The Social Security Administration set its 2025 COLA (cost-of-living adjustment) at 2.5%, the smallest annual COLA hike since 2021. Although inflation has eased from its pandemic-era heights, some advocates for older Americans say...
Estate planning for couples with significant age differences
From Next Avenue — By Rachel Leland — Relationships with significant age gaps come with unique rewards and challenges, especially for these "May-December" couples discussing how to manage their estate later in life. When a married couple has a significant age gap,...
Lawsuit: Those helping Ohio voters with disabilities should be able to use drop boxes
From The Cincinnati Enquirer — By Jessie Balmert, — Relatives and friends delivering ballots for voters with disabilities should be allowed to use drop boxes, according to a lawsuit filed Sept. 27 by the Ohio Democratic Party and two voters. The lawsuit challenges a...
Let senior living show its value via data, speakers say
From McKnight's Senior Living — By Kimberly Bonvissuto — WASHINGTON, DC — The senior living industry is at a critical juncture, making now the moment in time to address improvements in quality, equity and resident outcomes, according to experts speaking Monday,...
Seven Medicare changes you will see in 2025
From AARP -- By Kimberly Lankford You can thank the Inflation Reduction Act of 2022 for some of the biggest Medicare changes in the past few years — including a welcome reprieve from the high costs of prescription drugs. Among the changes: In 2023, Medicare capped...
COLA 2025: How much will Social Security payments increase next year?
The first of three numbers the Social Security Administration (SSA) will use to determine the 2025 cost-of-living adjustment (COLA) is in, and it points to a more modest increase in monthly benefit payments next year. The Consumer Price Index for Urban Wage Earners...
LaRose floats ban on ballot drop boxes after disabled-rights lawsuit loss
From The Columbus Dispatch — By Haley BeMiller — Secretary of State Frank LaRose said lawmakers should consider eliminating ballot drop boxes after a federal court ruled that Ohio law violates the rights of people with disabilities who need help voting absentee....