by Christine | Sep 12, 2013 | Advanced Health Care Directive, Elder Law, End of Life Decisions |
The new tool, developed by researchers from Italy’s University of Milan, could provide doctors with a more objective method that gauges the complexity of a patient’s consciousness. Advances in brain science keep us informed and help us better understand how...
by Christine | Sep 11, 2013 | Elder Care, Elder Law |
The number of adults caring for someone with a serious health problem is on the rise and is likely to continue growing as the population ages. It is not uncommon for someone to take on the task of caring for an aging parent or relative in their elderly years....
by Christine | Sep 10, 2013 | Asset Protection, Divorce, Estate Law, Retirement |
… Men and women who find themselves suddenly single in midlife need to plan carefully and make thoughtful decisions about such things as how to divide up assets and the best ways to handle the money they’ll receive. Divorce is messy. Period. This is especially true...
by Christine | Sep 9, 2013 | Art, Bequeath, Charitable Giving, Gift Law, IRS, Taxes |
The purpose of the panel meetings is to discuss and make recommendations regarding the acceptability of taxpayers’ appraisals of works-of-art. If the Panel recommends rejection of a taxpayer’s appraisal, it may also recommend a different valuation, the securing of...
by Christine | Sep 6, 2013 | Charitable Remainder Trust, Charity, Estate Planning, Trusts |
Don’t be surprised if your CPA or financial planner starts babbling acronyms: CRUT, CRAT, NICRUT, NIMCRUT, Flip CRUT. Hear him out. The higher federal tax rates that kicked in this year have given all these variants of the four-decade-old charitable remainder...
by Christine | Sep 5, 2013 | Estate Planning |
Money and taxes aside, here are 7 good reasons you need an estate plan … Estate planning is not just about taxes. While it is too easy to focus on taxes, namely avoiding heavy taxation, there is far more to consider when making your own estate plan. Estate...
by Christine | Sep 4, 2013 | Bequest, Entrepreneur, Estate Planning, Gift Law, Gift Tax |
Two years ago, Mr. Harris couldn't scrape together enough funds to start a business that delivered healthy meals. So, he decided to approach his mother for an early bequest. The money would be coming to him anyway, he figured, and she would be able to see...
by Christine | Sep 3, 2013 | Elder Law, Estate Law, Estate Planning, Individual Retirement Accounts (IRA), Retirement, Roth IRA |
Use this versatile account to get tax-free income and a whole lot more. If you are used to a traditional IRA, the Roth IRA may seem peculiar at first when it comes to retirement accounts. So here’s a brief refresher on all the perks of the esteemed Roth IRA. A recent...
by Christine | Aug 30, 2013 | Estate Planning, Family Home, Family Vacation Home |
Should it be maintained for close relatives? Will the next generation use it together or separately? Is it the site of family reunions? If not, will it be available to friends or even renters? Few places prove to be so powerfully uniting for a family as the...
by Christine | Aug 29, 2013 | Estate Planning, Medical Directives |
With back-to-school season upon us, it’s an issue that’s timely to consider. Once your children turn 18, you are no longer entitled to see their medical records and make decisions about their medical treatment—unless they take a few basic estate-planning steps first....
