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Why Chesapeake Wills & Trusts Was Created — Maryland Estate Planning

by DKurfiss | May 18, 2025 | Estate Planning, Irrevocable Trust, Living Trust, Revocable Living Trust, Revocable Trust, Trustee, Trusts

https://chesapeakewillsandtrusts.com/wp-content/uploads/2025/05/why-cwt-created.mp4 Greg Jimeno of Chesapeake Wills &Trusts, an estate planning firm in Maryland, discusses the devastating experience his grandparents had with estate planning, — and how that...

IRS Announces That Face Masks and Related Purchases Are Tax Deductible

by Greg Jimeno | Apr 8, 2021 | Asset Protection, Elder Law, Estate Plannning, General, Irrevocable Trust, Trusts

The IRS has announced that the tax deduction for medical expenses includes amounts spent on face masks, sanitizer and other products purchased to prevent the spread of the coronavirus.  If you have significant medical expenses, you may be able to deduct them from...

Finding the Right Hospital Bed Rental

by Greg Jimeno | Apr 8, 2021 | Asset Protection, Elder Law, Estate Plannning, General, Irrevocable Trust, Trusts

If you are caring for a loved one at home, you may need to rent a hospital bed. Here are the ins and outs of hospital bed rentals.  The benefit of a hospital bed is that it adjusts to allow people with limited mobility to more easily get in and out of the bed....

Medicaid Recipients Have a Little More Time to Spend Down Their Stimulus Money

by Greg Jimeno | Apr 8, 2021 | Asset Protection, Elder Law, Estate Plannning, General, Irrevocable Trust, Trusts

The one-year deadline for nursing home residents on Medicaid to spend down their first round of stimulus checks is here, but they may have a little extra time.  In March 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act authorized $1,200...

Can I Transfer My Grandmother’s Car to My Name Without Causing a Medicaid Penalty Period?

by Greg Jimeno | Apr 8, 2021 | Asset Protection, Elder Law, Estate Plannning, General, Irrevocable Trust, Trusts

This is something of a grey area. You must report most asset transfers to the Medicaid agency, and the transfer will usually cause a period of ineligibility for benefits. You could make an argument that the transfer of a noncountable asset does not need to be reported...

How the $1.9 Trillion COVID-19 Relief Bill Aids Seniors

by Greg Jimeno | Apr 8, 2021 | Asset Protection, Elder Law, Estate Plannning, General, Irrevocable Trust, Trusts

President Biden has signed the latest COVID-19 relief bill, which in addition to authorizing stimulus checks, funding vaccine distribution, and extending unemployment benefits, also provides assistance to seniors in a number of ways.  The $1.9 trillion American...
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  • Why Chesapeake Wills & Trusts Was Created — Maryland Estate Planning
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