The new year will be here before you know it, and the Social Security Administration has released their updated figures for 2021. We will take a look at them in this post, and we will provide all the … [Read more...] about Seniors Will Receive Social Security COLA in 2021
When you are thinking about retirement, you may consider moving to another state for one reason or another. Many people move to places with milder weather so they can enjoy outdoor activities all year … [Read more...] about Consider Estate Taxes Before You Choose a Retirement Spot
Before we look at the Uniform Probate Code, we will provide a general overview of the purpose of probate so you understand the context. Estate Administration Let’s say that you loan a friend … [Read more...] about What Is the Uniform Probate Code?
We are sometimes approached by people that are dealing with negative situations that were caused by estate planning mistakes. In this post, we will look at five of these errors that are commonly made … [Read more...] about You Can’t Afford to Make These Five Estate Planning Mistakes
New grandparents often think about ways that they can set aside resources that their grandchildren can use for college. Of course, many parents have the same goals, but we are going to focus on … [Read more...] about How Does a 529 College Savings Plan Work?
Attorneys in our field emphasize the need for incapacity planning, and people generally agree that it is important, but they envision end-of-life scenarios for senior citizens. As the winter … [Read more...] about Pandemic Underscores the Need for Advance Directives
Chadwick Boseman played many heroic American roles and the superhero role of the Black Panther. His death at age 43 demonstrated how it’s important to have at least a basic estate plan in place even … [Read more...] about Chadwick Boseman Demonstrates the Importance of Planning
There are variations that fall under both umbrellas, but there are essentially two different types of trusts: revocable and irrevocable trusts. The names are pretty much self-explanatory. You can … [Read more...] about When Should You Use an Irrevocable Trust?
As elder law attorneys, we advise clients that have concerns about legal and financial matters that may confront them during their senior years. Without question, the most pressing issue that people … [Read more...] about Do You Qualify for VA Aid and Attendance Benefits?