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...
by Christine | Jul 18, 2013 | College Planning, Custodial Accounts, Gift, Grandchildren, Transfers to Minors |
The Uniform Gifts to Minors Act (UGMA) and the Uniform Transfers to Minors Act (UTMA) are sometimes called the “granddaddies” of college savings accounts. Both allow parents to establish custodial accounts for a minor child, and a grandparent can then make gifts to...
by Christine | Jul 17, 2013 | Estate Planning, Estates, Pet Trust, Trusts, Wills |
Why do otherwise doting pet parents fail to make such plans? Most people assume they’ll outlive their pets, says Barry Seltzer, a Toronto-based estate lawyer and co-author of Fat Cats & Lucky Dogs: How to Leave (Some of) Your Estate to Your Pet. And death and...