by Christine | Aug 6, 2015 | Asset Protection, Elder Law, Estate Planning, Estate Tax, Living Trust, Trusts, Wills |
Of all the hated taxes in the U.S. tax code, the estate tax is handily the single most hated tax, particularly among wealthy families who must pay it. In an effort to preserve wealth across generations, these families rely on the use of complex strategies to transfer...
by Christine | Aug 5, 2015 | Long Term Care |
A survey conducted by the National Association of Area Agencies on Aging, National Council on Aging and UnitedHealthcare reveals a frightening statistic in the United States of Aging survey. 97% of professionals supporting people 60 and older believe that seniors will...
by Christine | Aug 4, 2015 | Payable On Death Account |
Certain assets, including life insurance, IRAs, 401(k) plans and other retirement accounts pass directly to beneficiaries outside of your will. Typically, brokerage accounts pass only through your will, and then only after probate. But there is a way to ensure that...
by Christine | Aug 3, 2015 | Elder Law, Long Term Care, Medicare, Nursing Home, Retirement Planning |
"If you get a claim denial, always contact your doctor or hospital to see if they can help you through the appeal," said Shirley Whitenack, president of the National Academy of Elder Law Attorneys and a partner with law firm Schenck, Price, Smith & King....
by Christine | Jul 31, 2015 | Elder Abuse, Elder Law |
By the end of 2015, it is expected that 5.1 million persons age 65 and over will make their homes in California. Add aging baby-boomers to the state’s current migration patterns and it is entirely likely that the state will be home to more than 8.4 million...
by Christine | Jul 30, 2015 | Uncategorized |
Frank Underwood is not a real person. He’s the crooked politician portrayed by Kevin Spacey in the Netflix series “House of Cards” who claws his way into the White House by manipulating the press and ruthlessly crushing anyone that might get in his way. But...
by Christine | Jul 29, 2015 | Elder Abuse, Elder Law, Estate Planning |
Fraud cases involving elderly clients are on the rise, with nearly half of the CPA financial planners who participated in the survey, around 47%, saying they have seen an increase in financial fraud in the last five years. According to a recent On Wall...
by Christine | Jul 28, 2015 | Asset Protection, Elder Law, Estate Planning, Trusts, Wills |
Estate plans are more about reducing the stress on your heirs and ensuring that your wishes for the assets you leave behind are distributed as you wish than they are about money. Instead of focusing on a list of bank and investment accounts, trying thinking...
by Christine | Jul 27, 2015 | Estate Planning |
Nick Gordon may feel like he has a target on his back and with good reason. The boyfriend of Bobbi Kristina Brown, daughter to the world-class performer Whitney Houston, will never see the 22-year-old again. Tragically, Bobbi Kristina is being cared for in a...
by Christine | Jul 24, 2015 | Elder Law, Estate Planning, Estates, Living Trust, Trusts, Wills |
Unlike previous generations, the baby boomers are more concerned with having enough money to last through their retirement years than with leaving substantial assets to their heirs and to charities. But they are still concerned with leaving a legacy for their...
