We are going to share some important facts about the Medicaid program here, but before we do, we must provide some background information. On a surface glance, a lot of people would have no interest in this subject, because they know that they will qualify for Medicare when they are seniors. Why would you need … [Read More]
Will My Heirs Pay Taxes on Their Inheritances?
One of the things that would naturally enter your mind when you are planning your estate is the question of taxation. Will your heirs be required to pay taxes on inheritances that you leave to them? For the most part, the answers are encouraging, but there is one looming threat to your legacy. The Good … [Read More]
Economic Fallout from Coronavirus May Provide Opportunities
COVID-19, the novel coronavirus, has been a challenge confronting countries around the world. While healthcare systems have fought the virus, economies have been hurt by the social distancing required to combat the virus. However, there may be an opportunity for those wishing to do certain types of Estate Planning. Read on to learn more. [Read More]
Coronavirus and Nursing Homes
The novel coronavirus, COVID-19, is spreading in the United States and across the globe. Social distancing and self-quarantine can help slow the spread. The virus is a particular threat to residents of nursing homes. Read on to learn more about the threat and how you can keep your loved ones safe. [Read More]
A Basic Estate Plan Blueprint
You should discuss your objectives with an estate planning attorney because there are multiple different approaches that can be taken. The ideal way to proceed will depend upon the circumstances, and this is why personalized attention is so very important. This being stated, there is a basic framework that applies to everyone in a general … [Read More]
Estate Planning Myths Vanquished
Far too many people harbor misconceptions about various aspects of the estate planning process. Unfortunately, in many cases, they wind up making uninformed decisions that yield negative consequences. In an effort to spread awareness, we will debunk some of these myths here. You can plan your own estate using tools that you get off the … [Read More]
Shrunken Asset Values Open Estate Planning Opportunities
COVID-19, the novel coronavirus, has been a challenge confronting countries around the world. Not only has COVID-19 been challenging healthcare systems, but the social distancing required to combat the virus has also rocked financial markets. However, there may be an opportunity for those wishing to do certain types of Estate Planning. Read on to learn more. [Read More]
A Conversation With an Elder Law Attorney
Elder law attorneys focus on legal matters that are of particular interest to senior citizens. Their services are in great demand at the present time because of an unusual demographic phenomenon that is unfolding. The baby boomer generation is reaching retirement age, and this is transforming the makeup of the population here in the United … [Read More]
When to Update Your Living Will
Incapacity planning is an important part of any comprehensive estate plan. Advance directives are frequently used as part of an incapacity plan. If you executed a Living Will as part of your FREE estate planning worksheet. If you have additional questions or concerns about updating your Living Will, [Read More]
Planning for the Sandwich Generation
The Sandwich Generation is torn between caretaking responsibilities for their minor children and their elderly parents. But first, they need to make sure they take care of themselves. Read on to learn more. [Read More]
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