by Christine | Dec 31, 2013 | Elder Law, Estate Planning |
Aging parents need to establish a plan and communicate it with their adult kids — and adult kids need to ask their parents about their finances. In our own lives, our parents start and run the money conversations from that first allowance to gearing up for those...
by Christine | Dec 17, 2013 | Asset Protection, Estate Planning, Family Law, Prenuptial Agreement |
Generally, the best candidates for a prenup, besides anyone with substantial assets, are those going into a second or third marriage, says Bonnie Sockel-Stone, a marital and family attorney in Miami, Florida. A prenup proposal is a bit of an oxymoron. With a...
by Christine | Dec 12, 2013 | Estate Planning, Medi-Cal, Special Needs, Special Needs Children, Special Needs Planning, Supplemental Security Income |
Planning for a special needs beneficiary can be incredibly complex, so it’s generally best to consult with a knowledgeable attorney in your state who specializes in this area. Estate planning helps to ensure our loved ones will be taken care of when we are no longer...
by Christine | Dec 11, 2013 | Estate Law, Estate Planning, Wills |
A comprehensive estate plan ensures that wills, trusts, ownership forms and beneficiary designations are in sync with your wishes. Is your plan up-to-date? As the old adage puts it, most folks do not “plan to fail, they just fail to plan.” In this sense, leaving an...
by Christine | Dec 10, 2013 | Asset Protection, Bankruptcy, Estate Planning, Inherited IRAs, Supreme Court |
While the dispute over inherited IRAs has not arisen often, it may crop up more in the future. Does an "inherited" retirement account remain a retirement account for the intended heir? This may sound like a rhetorical question, but it is currently one before...
by Christine | Dec 5, 2013 | Estate Law, Estate Planning, Wills |
Done right, death-bed revisions may save their families income and estate taxes and prevent misunderstandings and administrative hassles. If not handled carefully, though, it can leave a will open to legal challenges that can drag on for many years … During...
