Chambliss, Bahner & Stophel, P.C. has made available for download their article, “What Are Medicaid Asset Protection Trusts?,” published in JDSUPRA. The abstract is as follows: Medicaid is a state- and federally funded health program for lower-income persons of all ages. For applicants who fall into certain categories, Medicaid imposes specific rules on how much … Continue reading Chambliss, Bahner & Stophel, P.C.: What Are Medicaid Asset Protection Trusts? (November 18, 2022)
Category: Insurance
Jay Adkisson (Adkisson Pitet LLP) : IRS Attorney Hiring Binge Spells More Trouble For Microcaptives And Syndicated Conservation Easements (January 31, 2022)
Jay Adkisson, of Adkisson Pitet LLP, has made available for download his article, "IRS Attorney Hiring Binge Spells More Trouble For Microcaptives And Syndicated Conservation Easements", published in Forbes Magazine. The abstract is as follows: The IRS on January 21, 2022, issued a news release that it plans to hire up to 200 additional attorneys … Continue reading Jay Adkisson (Adkisson Pitet LLP) : IRS Attorney Hiring Binge Spells More Trouble For Microcaptives And Syndicated Conservation Easements (January 31, 2022)
Katie Jennings (Forbes Staff) : Digital Health’s Newest Unicorn Provides Lonely People With A ‘Family On Demand’ (November 4, 2021)
Katie Jennings, of Forbes, has made available for download her article, "Digital Health’s Newest Unicorn Provides Lonely People With A ‘Family On Demand’," published in Forbes Magazine. The abstract is as follows: Andrew Parker’s grandfather needed help, but he didn’t need a doctor. He needed someone to help him with groceries and take him to … Continue reading Katie Jennings (Forbes Staff) : Digital Health’s Newest Unicorn Provides Lonely People With A ‘Family On Demand’ (November 4, 2021)
Center for Medicare Advocacy: Nursing Home Industry is Heavily Taxpayer-Subsidized (June 2021)
Center for Medicare Advocacy has made available for download their special report, "Nursing Home Industry is Heavily Taxpayer-Subsidized." The report begins as follows: It is well-known that Government health care programs, Medicare and Medicaid, are the primary payers for nursing home care. The two federal programs paid facilities tens of billions of dollars for providing … Continue reading Center for Medicare Advocacy: Nursing Home Industry is Heavily Taxpayer-Subsidized (June 2021)
Phil Galewitz: Pandemic Swells Medicaid Enrollment to 80 Million People, a ‘High-Water Mark’ (June 17, 2021)
Phil Galewitz, Senior Correspondent at KHN, has made available for download his article, “Pandemic Swells Medicaid Enrollment to 80 Million People, a ‘High-Water Mark’”, published on KHN. The abstract is as follows: The pandemic-caused recession and a federal requirement that states keep Medicaid beneficiaries enrolled until the national emergency ends swelled the pool of people … Continue reading Phil Galewitz: Pandemic Swells Medicaid Enrollment to 80 Million People, a ‘High-Water Mark’ (June 17, 2021)
NY Times (June 9, 2021): On Medicare and Need Dental Work? Beware a Big Bill
Mark Miller, in his New York Times article, discusses a possible Biden Administration expansion of Medicare through increased dental, visual, and hearing care. His article, “On Medicare and Need Dental Work? Beware a Big Bill,” begins as follows: Ellen Phillips hasn’t eaten much solid food over the past year and a half. She has lost all … Continue reading NY Times (June 9, 2021): On Medicare and Need Dental Work? Beware a Big Bill
De los Santos v. Commissioner, 156 TC No. 9 (April 12, 2021): Split-dollar Insurance Benefits Were Compensation, Not a Distribution
The U.S. Tax Court in De los Santos v. Commissioner, 156 TC No. 9 (April 12, 2021), issued a “reviewed opinion” holding that economic benefits received by the taxpayer-husband under a split-dollar arrangement were not “distributions” under Code Sec. 301, but were benefits received under a compensatory arrangement and as such were taxable as “compensation … Continue reading De los Santos v. Commissioner, 156 TC No. 9 (April 12, 2021): Split-dollar Insurance Benefits Were Compensation, Not a Distribution
PLR 202109002 and PLR 202109003 (Mar. 8, 2021): Investment Advisory Fees Not Treated as “Amount Received” for Code Sec. 72(e) Purposes for Annuity Contracts
In PLRs 202109002 and 202109003, the Service ruled that t certain annuity contract investment advisory fees are not treated as amounts received by the contract owner for Code Sec. 72(e) purposes. The taxpayers were insurance companies offering non-qualified deferred annuity contracts. The IRS stated observed that the fees, which were integral to the contracts, did … Continue reading PLR 202109002 and PLR 202109003 (Mar. 8, 2021): Investment Advisory Fees Not Treated as “Amount Received” for Code Sec. 72(e) Purposes for Annuity Contracts
Fox Business: Prudential suspends applications for some life insurance policies (Apr. 7, 2020)
Fox Business has reported that Prudential Insurance is suspending applications for some life insurance products during the Coronavirus Pandemic. Their article beings as follows: Americans seeking life insurance coverage have one less option to choose from, as one of the industry's major players announces coronavirus-related changes.Prudential said it would suspend its acceptance of applications for … Continue reading Fox Business: Prudential suspends applications for some life insurance policies (Apr. 7, 2020)
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