If you serve in the military, you become eligible for a lifetime retirement pension after a minimum of 20 years of service. At this point, the exact parameters are quite convoluted, because they … [Read more...]
Choose Your Inheritance Planning Tools Wisely
In a recent post, we pointed out the fact that a living trust is an estate planning tool that provides a number of benefits. However, there are some situations that could be better addressed through … [Read more...]
Inheritance Planning: Good News About Taxation
It is quite rare to hear any good news about taxation on any level. However, when it comes to inheritance planning, you may be pleasantly surprised. In this post, we will look at the facts, and we … [Read more...]
Anticipate Potential Estate Challenges
It can sometimes seem as though estate planning is a purely personal and confidential endeavor. This is one way that you can approach it, and many people take this route. However, there is something … [Read more...]
Why Would Medicaid Matter to Medicare Recipients?
If you have worked and paid taxes for at least 10 years, or if your spouse has done this, you will qualify for Medicare when you reach the age of 65. This program will provide a health care insurance … [Read more...]
Estate Planning Lawyer Answers Trust Administration Questions
There are a number different trusts that can be used when you are planning your estate. The trust that is most widely utilized is the revocable living trust. There are irrevocable trusts that can … [Read more...]
2020 Gift Tax Exemption Will Remain Constant
Parameters that are relevant to estate planning are subject to adjustments year by year, and this applies to federal transfer taxes. There is a federal estate tax in the United States, and there is an … [Read more...]
Update Your Estate Plan This Year
When a brand new year rolls around, a light bulb may go off in your head with regard to taking care of responsibilities that you have been putting on the back burner. It is a time for a fresh start, … [Read more...]
What Is a Medicaid Waiver?
Before we explain the Medicaid waiver program, we have to provide some necessary background information about Medicare. A lot of people are under the impression that Medicare will pay for all medical … [Read more...]
