by Christine | Jul 25, 2013 | Estate Planning, LIfe Insurance, Trusts |
Are the proceeds of life insurance policies owned first by a taxpayer’s wife and then owned by a family trust, includible in a taxpayer’s gross estate? The estate tax is currently set at a generous level, with married couples able to protect up to $10.5 million...
by Christine | Jul 24, 2013 | Elder Law, Long Term Care, Retirement Planning |
Long-Term Care, LTC, planning is one aspect of retirement planning that many people overlook. They don't want to cover the additional expense of LTC policies, and find it difficult to plan for care that they might not need for years down the road. Before becoming...
by Christine | Jul 23, 2013 | Elder Law, Estate Planning, Long Term Care Insurance |
Weird berries. Capsules of unpronounceable supplements. Yoga or tai chi. Crossword puzzles. Such amulets, we’re told, may ward off disability — which is the real fear that accompanies aging, isn’t it? Not the sheer number of years that will have passed, but the things...
by Christine | Jul 22, 2013 | Estate Planning, Organ Donation |
Elijah Smith said he wanted to be an organ and tissue donor when he applied for a driver’s license in September. But his family didn’t find that out until he was declared brain dead by doctors on July 4 after being struck in a hit-skip crash while riding his bicycle...
by Christine | Jul 19, 2013 | Charitable Giving, Estate Planning |
That an entity has been effectively organized, and recognized by the IRS as tax exempt is no guarantee that it is being operated as a charitable entity. A good rule of thumb is that a charitable entity’s general and administrative expenses should not exceed ten...
