People that serve in the United States military become eligible for a retirement pension after 20 years of service. This gives servicemembers the ability to retire in comfort if they take advantage of … [Read more...] about Veterans Pension Rates Updated for 2021
Inheritance Planning for Pet Owners
When you are developing your inheritance plan, you may want to include your four-legged family members. Yes, it is possible to provide for a pet in an estate plan, and we will provide the details … [Read more...] about Inheritance Planning for Pet Owners
Updating Your Plan: Your Trust or Will
While we are on the topic of updating your plan, you should consider one of the most important documents - your Trust and/or Will. Read More from The American Academy of Estate Planning Attorneys. … [Read more...] about Updating Your Plan: Your Trust or Will
Updating Your Plan: Powers of Attorney
It’s as a good of a time as any to think about updating your plan. This includes your entire plan, including Powers of Attorney. Powers of Attorney are part of even the simplest estate plan. A Power … [Read more...] about Updating Your Plan: Powers of Attorney
What Is a UTMA Account?
The acronym “UTMA” stands for the Uniform Transfers to Minors Act that was enacted in 1986. It is an extension of the Uniform Gifts to Minors Act (UGMA) that was developed in 1956 and updated 10 years … [Read more...] about What Is a UTMA Account?
Escape Risky Probate Avoidance Schemes
People sometimes fall victim to the “little bit of knowledge is a dangerous thing” phenomenon, and this applies to the field of estate planning. In this post, we will look at a couple of risky … [Read more...] about Escape Risky Probate Avoidance Schemes
Will Medicaid Put a Lien on Your Home?
Medicaid should be on your radar even if you are going to qualify for Medicare because Medicare does not pay for long-term care. The Medicaid program will cover these costs if you can gain … [Read more...] about Will Medicaid Put a Lien on Your Home?
An Introduction to Special Needs Planning
There are different estate planning approaches that can be taken, and the right way to provide assets for one person on your list may not be appropriate for the next. This dynamic certainly applies to … [Read more...] about An Introduction to Special Needs Planning
Do You Pay Capital Gains Taxes on Inherited Assets?
When you start to focus on the process of estate planning, the subject of taxation will naturally come to mind. We are going to provide a broad overview here with an emphasis on capital gains taxes … [Read more...] about Do You Pay Capital Gains Taxes on Inherited Assets?