by Christine | Oct 20, 2011 | Estate Planning, Retirement Planning, Tax Planning |
To follow in [Reverend Crummey’s] footsteps, set up a trust and have it buy a life insurance policy on your life. Someday when you die, the trust will receive the insurance proceeds and pay them out to the beneficiaries listed in your trust. When you’re looking to...
by Christine | Oct 19, 2011 | Conservatorships, Elder Law |
As baby boomers age — and economic upheaval keeps people in the workforce longer — the issue of how to deal with employees with dementia and cognitive impairment will continue to be kicked around the nation’s courtrooms and boardrooms. Do you have a loved one with...
by Christine | Oct 13, 2011 | Estate Planning, Tax Planning |
Simply defined, a charitable remainder trust allows you to transfer cash or assets to the trust — from which you may receive income for life or, if you prefer, a fixed term not to exceed 20 years. The income can be paid over your life, your spouse’s life and even the...
by Christine | Oct 12, 2011 | Estate Planning, Retirement Planning, Tax Planning |
Many people want to use part of their estate to help charities they believe in—leaving a legacy of helping out the less fortunate, nurturing the arts or supporting other important causes. Giving to charity over your lifetime can be powerful. Not only can you make an...
by Christine | Oct 11, 2011 | Estate Planning, Retirement Planning, Tax Planning |
The Center on Philanthropy at Indiana University launched a free searchable database… the Million Dollar List, that captures 61,461 publicly-announced charitable gifts of $1 million or more made since 2000. In addition to a spirit of charity, information about the...
by Christine | Oct 10, 2011 | Elder Law |
Nearly two-thirds of seniors don't know that the Medicare enrollment period is early this year, a survey shows, and that could cost them. It’s Medicare season once again, but it’s early this time. Unfortunately, many seniors just haven’t gotten the message....
by Christine | Oct 6, 2011 | Estate Planning |
“Taxes are a heavy component of estate planning, but it is important to be alert for other issues.” Proper estate planning for your assets depends, in large part, on what those assets are. Common assets in an estate include the obvious, such as real...
by Christine | Oct 5, 2011 | Elder Law |
Government health benefits for some 9 million of the sickest and poorest U.S. citizens will come under scrutiny from the congressional "super committee" seeking to cut the nation's debt. Are you or an elderly loved one receiving benefits from Medicare or...
by Christine | Oct 4, 2011 | Conservatorships, Elder Law |
Antipsychotics are meant primarily to help control hallucinations, delusions and other abnormal behavior in people suffering from schizophrenia and bipolar disorder, but they're also given to hundreds of thousands of elderly nursing home patients in the U.S. to...
by Christine | Oct 3, 2011 | Estate Planning |
Parents need to develop a plan that monitors their prodigal sons and daughters while respecting their independence and giving them room to mature. It's a delicate balance, but parents who employ innovative financial training, carefully chosen trustees and cleverly...
