by Christine | Dec 15, 2014 | Asset Protection, Estate Planning, Estates, Inheritance, Living Trust, Tax Planning, Trusts |
Irrevocable trusts, which are virtually unchangeable once established, have decreased in use, but revocable trusts, over which the grantor retains control, still flourish. A recent Cincinnati.com article, titled “Trusts remain useful tool in estate planning,”...
by Christine | Dec 12, 2014 | Caregivers & Caregiving, Elder Law, Long Term Care, Retirement Planning |
Although nobody can be forced to participate as a caregiver, there are ways to approach the situation that are more likely to have a positive result. Families encounter many issues when planning care for a loved one. A common issue is the unwillingness of siblings to...
by Christine | Dec 11, 2014 | Elder Abuse, Elder Law, Medi-Cal, Medi-Cal Long Term Care, Nursing Home, Power of Attorney |
Through a series of legal maneuvers and Iowa's then-blind eye toward financial elder abuse, his caregiver betrayed the World War II Navy veteran's trust and drained his savings over a number of years, according to friends and court documents. According to an...
by Christine | Dec 10, 2014 | Asset Protection, Elder Law, Long Term Care, Medi-Cal, Medi-Cal Long Term Care, Medicaid, Nursing Home, Nursing Homes |
This case has drawn plenty of attention due to its legal and financial implications. Essentially, the case has escalated to the point of a federal judge warning state regulators that she would consider issuing an order to drop Ohio from Medicaid...
by Christine | Dec 9, 2014 | Asset Protection, Charity, Estate Planning, Estates, Tax Planning, Wills |
The end of the year is a great time to consider making a contribution to a cause that is meaningful to you. Along with potential tax benefits, there is the enjoyment that comes from making a positive difference and helping the organization of your choice. Is the...
by Christine | Dec 8, 2014 | Asset Protection, Beneficiary, Elder Law, Estate Planning, Estate Tax, Inheritance Tax, Living Trust, Probate, Trusts, Wills |
By keeping even modest sums of money protected, trusts can ensure that your wishes for your money will be honored into the future. A recent article by the Motley Fool,titled "5 Things You Didn't Know — but Should! — About Trusts," sheds some...
by Christine | Dec 5, 2014 | Asset Protection, Conservatorships, Cost Basis, Estate Planning, Estates, GRATs, Guardianships, Inheritance, Living Trust, Power of Attorney, Probate, Tax Planning, Taxation, Trust Taxation, Trusts, Wills |
“Income-tax rates are going up so it becomes more expensive for a grantor to maintain the grantor trust status of a trust they’ve set up,” says Lynn Halpern Lederman, managing director and senior fiduciary counsel – Northeast Region at Bessemer Trust, a New York firm...
by Christine | Dec 4, 2014 | Estate Planning, Estates, Inheritance, Probate, Trusts, Wills |
The legal dispute surrounding the roughly $200 million estate of the late Charlotte developer Henry Faison has been resolved, with his company winning forgiveness of more than $100 million in loans he’d extended to it. In this recent court case filed by Faison's...
by Christine | Dec 3, 2014 | Elder Abuse, Elder Law, Healthcare |
The new programs will be working with those in the private sector and nonprofits to help law enforcement attune to impalpable signals that could indicate mistreatment of this vulnerable population. Los Angeles is taking a stand against elder abuse with new training...
by Christine | Dec 2, 2014 | Asset Protection, Conservatorships, Estate Planning, Estates, Guardianships, Inheritance, Power of Attorney, Probate, Tax Planning, Trusts, Wills |
Establishing a will is a vital part of protecting your financial legacy and there is no benefit in delaying it. Here are six often-avoided questions to help you get over your fear of wills and establish one for your family. There are no silly questions when it comes...
