With the high divorce rate all over the nation, it’s quite common for people to marry more than once. While it’s a regular enough occurrence, there are a lot of complications that can come with a second marriage which people may not consider right away. These involve family issues, child raising issues, financial ones, and, [...]
Too many people think that estate planning is something that only the rich do. In truth, just about everyone has assets, and those assets could be in danger without a pre-plan. Even before you pass on, however, pre-planning can ensure that you are protected as you near your golden years. It can guarantee your bills [...]
An estate plan is one of the most useful legal tools that you can possess. When your estate plan is written correctly, you will be able to protect your assets and make sure that your wishes are honored as you grow older. Like most legal documents, however, an estate plan is a reflection of your [...]
When a loved one passes away, there are several issues that need to be handled, including making funeral arrangements and dealing with their estate. However, there is one issue that many people fail to consider after the death of a family member: What happens to their credit cards? Debt is a very complicated issue, and [...]
As with just about every aspect of elder law, estate planning issues are constantly evolving and changing. Protecting your assets is more important than ever before. There are issues involving gifts, income taxes, estate transfers, powers of attorney, special needs beneficiaries and more. Making the right choices is essential for not just ensuring that you [...]
Recent developments in estate planning involve major shifts in how the IRS deals with taxable property, gifts, and generation skipping taxes. These new rulings have come down over the past couple of years, and with the current administration in place, it may be likely that we’ll see more changes in policy. Understanding how taxes work [...]
Estate planning is essential to making sure your personal assets are protected as you enter your senior years, and that when you pass on, your wishes regarding distribution of those assets are followed. It can avoid probate and protect your heirs from expensive taxes and legal fees. However, your small business may not be included [...]
Estate planning is an important subject and it’s one that is never too early to consider. Unfortunately, for most people it also involves facing the subject of their own mortality head-on, and nobody likes that. For this reason, the older people get, the less likely they are to be willing to talk about estate planning, [...]
Everyone has assets, no matter how slight, and there are many ways to protect these assets and ensure that your last wishes are carried out. Learn why estate planning is vital and how a qualified estate planning attorney can play an important role in taking the right steps to protect your assets. The Elements of [...]
It’s quite unfortunate, but too many people on the street and in the media use the terms “Alzheimer’s” and “Dementia” interchangeably. The truth is, while they may share some symptoms, the two conditions are distinct. The two conditions have different effects on the people who suffer from them, as well as have different treatment methods [...]
