by Christine | Apr 24, 2012 | Alzheimer's, Dementia, Elder Law, Estate Planning, Wills |
Advancements in medical science and care may enable us to live fuller, longer lives. The flip side is that more of us, like Mike Wallace, are likely to suffer from a diminished mental state–a harsh reality that’s difficult to accept. It has been an unfortunate past...
by Christine | Apr 23, 2012 | Estate Law, Estate Planning, Married Couple |
How married couples and domestic partners structure their estate plans can make the difference between whether a family stays connected or gets blown apart after the first spouse or partner passes away. Things can be even more complicated and volatile in blended...
by Christine | Apr 20, 2012 | Family Business, Succession Planning |
Despite the particular challenges of running a family business, the successful ones recognize that their longevity depends on keeping customers, employees and shareholders happy. “We don’t like the idea of family business,” Andrew Cornell said. “We like the idea of...
by Christine | Apr 19, 2012 | Annuity, Charitable Giving, Gift, Gift Annuity |
More people are seeking investment income from an unlikely source: their favorite nonprofits. Why "gift annuities" are on the rise. In charity, as in all matters, the greatest gifts are the ones that keep on giving. This is especially true when the gift...
by Christine | Apr 18, 2012 | IRS, Offers In Compromise |
So many taxpayers are trying to make deals with the Internal Revenue Service to settle tax bills that the IRS is facing inventory backlogs and processing delays, leaving taxpayers unsure if or when their tax liabilities will be resolved. In honor of federal “Tax Day,”...
by Christine | Apr 17, 2012 | Elder Law, Healthcare, Marriage, Medi-Cal Long Term Care, Medicaid, Medicare |
There’s another layer of rules for families in which the person hoping to get government help paying for long-term care has a spouse who is still living independently. States are treating such “well” spouses in dramatically different ways. Marriage is a unique...
by Christine | Apr 16, 2012 | Depression, Elder Law, Medicare |
Depressed people are more likely to receive diagnoses and be treated in primary-care settings than elsewhere. Research shows that elderly people, in fact, prefer to deal with their primary-care provider on mental health issues. In that context, coverage of depression...
by Christine | Apr 14, 2012 | Estate Planning, Roth IRA, Small Business |
“I usually root for the taxpayer, but this case was an exception. When I think it borders on the self-evident that a favorable tax plan does not work and it turns out that it does, I am very embarrassed. As it turns out the Tax Court and now the Ninth Circuit agreed...
by Christine | Apr 13, 2012 | Estate Planning, Small Business, Succession Planning |
Your “estate plan,” however, should not be your farm’s succession plan. Succession planning is a “process” – “not an event,” … an estate plan is a piece of the process that is succession planning. Farm and family. Perhaps more than any other kind of industry or...
by Christine | Apr 12, 2012 | Estate Planning, Facebook, Wealth Transfer |
There’s nothing illegal about what these executives did. In fact, the Facebook registration statement and others that FORBES examined read like a playbook of how the ultra-rich and even the moderately wealthy can operate within the law to transfer vast sums and...
