by Christine | Nov 4, 2014 | Asset Protection, Assets, Conservatorships, Elder Law, Estate Planning, Estate Tax, Estates, Guardianships, Individual Retirement Accounts (IRA), Inheritance, Living Trust, Mediation, Power of Attorney, Probate, Tax Planning, Turnover, Wills |
Mediation has emerged as a valuable tool for seniors and their families as an alternative to costly litigation. Mediation can be a useful instrument to prevent post death conflict by dealing with a family's issues during the senior's life. A recent issue of...
by Christine | Oct 31, 2014 | Annual Gift Exclusion, Asset Protection, Assets, Conservatorships, Death Tax, Durable Power of Attorney For Finances, Elder Law, Estate Planning, Estates, Gift Tax, Guardianships, High-Net-Worth, Individual Retirement Accounts (IRA), Inheritance, Inheritance Tax, Living Trust, Probate, Trusts, Wills |
Moving to New York to avoid state death taxes? “When your bordering state is telling you, ‘Come on over!’ the pitch is compelling,” McManus says. “If New York has a more welcoming tax scheme, then people will say, ‘Let’s call me a New York resident.’” McManus says...
by Christine | Oct 28, 2014 | Advanced Health Care Directive, Conservatorships, Durable Power of Attorney For Finances, Estates, Living Trust, Medical Directives, Power of Attorney, Probate, Trusts, Wills |
The online forms you come across may or may not work. These forms tend to not be state specific which means your will may or may not be valid. If you are going to take the time to draft a will or any other estate planning document (which you should), you definitely...
by Christine | Oct 24, 2014 | Asset Protection, Bankruptcy, Bequest, Individual Retirement Accounts (IRA), Inheritance, Inherited IRAs, IRA Rollover, Irrevocable Trust, Living Trust, Probate, Trusts, Wills |
As a result, financial advisers and families are taking steps to shield IRA assets for children and other beneficiaries in case those heirs ever find themselves in bankruptcy proceedings. Is your IRA protected from creditors in the event of bankruptcy? Not anymore....
by Christine | Oct 23, 2014 | Advanced Health Care Directive, Asset Protection, Assisted Living Facility, Conservatorships, Dementia, DNR, Durable Power of Attorney For Finances, Elder Care, Elder Law, Estate Plan, Estate Planning, Estates, Healthcare, Individual Retirement Accounts (IRA), Intentionally Defective Grantor Trust (IDGT), Irrevocable Trust, Living Trust, Living Will, Long Term Care, Long Term Care Insurance, Medi-Cal Long Term Care, Medical Directives, Nursing Homes, Obama, Power of Attorney, Social Security, Trusts |
Medical research confirms one of the first things people have trouble with in the very early stages of dementia is managing personal finances. This means people can make very expensive financial mistakes, often before anyone notices there is a problem. I have seen...
by Christine | Sep 26, 2014 | Asset Protection, Digital Assets, Digital Estate Planning, Estate Planning, Living Trust, Power of Attorney, Probate, Trusts, Wills |
Death is emotionally difficult enough without discovering that you have no idea what digital assets a person had or what they wanted done with them. A growing concern among those wishing to properly manage their digital estate is "digital death," which...
