Category archives: Estate Planning
-
-
-
6 years ago
-
We're often asked by clients how they can avoid or limit tax consequences for their family and loved ones through Estate Planning. Our answer is that part of our comprehensive and customized approach to working with our clients is to find opportunities to minimize tax liabilities that can include li... [read more]
-
-
-
-
6 years ago
-
Joy Loverde. Who Will Take Care of Me When I’m Old? Plan Now to Safeguard Your Health and Happiness in Old Age. New York, NY: Da Capo Press, 2017. 313 pages. Click here to order book via IndieBound.org.
Millions of Americans are facing old age essentially alone. One in three baby boomers is sing... [read more]
-
-
-
-
6 years ago
-
Older parents are becoming more common, driven in part by changing cultural mores and advances in infertility treatment. Comedian and author Steve Martin had his first child at age 67. Singer Billy Joel just welcomed his third daughter. Janet Jackson had a child at age 50. But later-in-life parents ... [read more]
-
-
-
-
6 years ago
-
We're often asked by clients how they can make sure that their personal care and financial decisions are made the way they want them to be be managed if they are not able to make them for themselves due to incapacity or illness. Our answer is that in addition to designating a Health Care Surrogate a... [read more]
-
-
-
-
6 years ago
-
Although millions of people each year earn cash refunds from the Internal Revenue Service (IRS) via the Earned Income Tax Credit (EITC), many others, including many people with disabilities, are not taking advantage of this generous program.
In late January 2018, the IRS issued a Notice encou... [read more]
-
-
-
-
6 years ago
-
Hi, my name is Gabriella Murray (I was named for the angel, Gabriel), but my mom just calls me "Gabby." I love Christmas because that is when me and my siblings were found in a box, beside the road. We all got new homes, but mine is the BEST! One of my mom's students brought me to her at C... [read more]
-
-
-
-
6 years ago
-
We're often asked by senior clients who are aging and/or experiencing health challenges if, in addition to providing Estate Planning services, we can also help them manage the many practical issues with aging in place at home as their lives are becoming more complicated and challenging. Our answer i... [read more]
-
-
-
-
6 years ago
-
Medicare is supposed to provide up to 35 hours a week of home care to those who qualify, but many Medicare patients with chronic conditions are being wrongly denied such care, according to Kaiser Health News. For a variety of reasons, many home health care agencies are simply telling patients they a... [read more]
-
-
-
-
6 years ago
-
Among its many other provisions, the newly enacted Tax Cuts and Jobs Act offers significant tax savings for people forced to default on their student loan debt due to a disability.
Generally, it is almost impossible to have student loan debt forgiven. It is not even dischargeable in bankruptc... [read more]
-
-
-
-
6 years ago
-
A question we are asked regularly by new and potential clients is how they can prepare for a meeting with one of our Elder Law Attorneys. Our answer is: first, think about your goals, and identify what you'd like to accomplish; second, generate a list of any questions you'd like the attorney to answ... [read more]
-
-
-
-
6 years ago
-
Although Supplemental Security Income (SSI) recipients are subject to rigid asset limits, the federal government has provided a few avenues for beneficiaries to earn income that supplements their SSI benefit.
The Social Security Act imposes a $2,000 asset limit on SSI beneficiaries, a figure that... [read more]
-
-
-
-
6 years ago
-
Most special needs trusts give their trustee wide authority, often appropriately so, to respond to unforeseen circumstances. But for those concerned about placing some checks and balances on the trustee’s authority, one possible option is a care committee.
Special needs trusts are trusts ... [read more]
-