by Christine | Aug 10, 2012 | Alzheimer's, Elder Care, Elder Law |
The way people walk appears to speak volumes about the way they think, so much so that changes in an older person’s gait appear to be an early indicator of cognitive impairment, including Alzheimer’s disease. Cognitive impairments, like Alzheimer’s and...
by Christine | Aug 9, 2012 | Estate Tax, Family Business, Farms, Liquid Assets |
The American Farm Bureau Federation said it concurs with a Joint Economic Committee report, "Costs and Consequences of the Federal Estate Tax," released Wednesday that details the financial harm posed by estate taxes on family businesses. It’s a simple...
by Christine | Aug 9, 2012 | Same Sex Estate Planning, Same Sex Parents |
Same-sex couples raising children must stand ready to prove to the world they are a family, just one that happens to have two mothers or two fathers. This constant burden of proof is especially difficult for families … who live in a state that doesn’t allow them to...
by Christine | Aug 8, 2012 | Estate Planning, Small Business, Taxes |
Last week a colleague and I were discussing a C Corporation with nearly three-quarters of a million dollars in retained earnings, with owners who want to get the money out. The owners wondered about any “fancy tax ideas.” My colleague immediately stated, “Yeah;...
by Christine | Aug 7, 2012 | 2010, Estate Tax, Formula Clause, Trusts |
You need to make sure your will and trusts are worded to accommodate all the possibilities. You also need to revisit them regularly to avoid ending up with a very different result than what you think you're planning. Updating your estate plan to keep it current...