There are some major misconceptions that circulate about estate planning, and they often yield negative results. One of the most common misguided notions that people harbor is the idea that you do not … [Read more...] about Are You Sure You Don’t Need a Trust?
Alzheimer’s Poses a Major Threat
As elder law attorneys, we keep a finger on the pulse of matters that impact senior citizens. One of the most profound threats to our nation’s elders is the horrible scourge of Alzheimer’s … [Read more...] about Alzheimer’s Poses a Major Threat
CARES Act Includes IRA RMD Waiver
Before we explain the current matter that is at the core of this post, we have to provide some necessary background information regarding individual retirement accounts. There are two different … [Read more...] about CARES Act Includes IRA RMD Waiver
Election May Impact Estate Tax Parameters
They say that “elections have consequences” and this is true on many levels. As estate planning attorneys, we keep a finger on the pulse of possible outcomes that can impact our field. The last … [Read more...] about Election May Impact Estate Tax Parameters
Consider the Life Situation of Each Heir
There is no single one-size-fits-all estate plan that is right for everyone. You can choose to utilize a number of different types of legal devices, and the ideal choice will depend upon the … [Read more...] about Consider the Life Situation of Each Heir
What Is a Zeroed-Out GRAT?
To understand what a GRAT is and why you may want to use one, you have to digest some information about the federal estate tax. This levy can have a very significant impact on your legacy, because it … [Read more...] about What Is a Zeroed-Out GRAT?
Irrevocable Medicaid Trusts
Medicaid is a state-federal partnership that provides medical benefit assistance to certain needy people, especially those over 65 years of age. However, you need to meet financial requirements such … [Read more...] about Irrevocable Medicaid Trusts
Is It Time to Update Your Estate Plan?
The vast majority of adults in the United States do not have any estate planning documents in place. This is even true for a high percentage of older folks, and in many cases, loved ones are left … [Read more...] about Is It Time to Update Your Estate Plan?
Why Should I Consider a Living Trust?
We often discuss the value of living trusts with our clients that come in for initial consultations. They typically have many of the same questions, so we have a good understanding of the impressions … [Read more...] about Why Should I Consider a Living Trust?
