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When Can In-Home Care be Deducted as a Medical Expense?
The U.S. Tax Court provided some insight into the question of the deductibility of in-home care of a disabled individual. The case involved an...
Getting Your Records Organized is More Important Than You Think
Keeping track of important papers is critical to maintaining an accurate picture of your finances and ensuring that your heirs are cared for in the...
WHAT YOU SHOULD KNOW ABOUT MEDICAID PLANNING
You’re active and in relatively good health. You’re finally enjoying the things you now have time to do as a retiree – or looking...
Maintaining Some Independence through Assisted Living
Most elderly people don't need nursing homes, but many require help with daily activities. If providing that support isn't practical for family and friends, assisted...
What You Should Know About Special Needs Trusts
Bequeathing assets to a loved one with special needs is a benevolent gesture, but in some cases, it can cause problems that were never intended.
An...
Home Improvements: Stay Clear of Mechanics’ Liens
It usually starts out simply enough: You want to make some improvements to your home such as remodeling the kitchen and bathrooms or adding...
Decanting a Trust: What Is it? When is it a Good Idea?
An irrevocable trust is usually created to take assets out of the estate of the grantor mostly to:
Save on federal or state taxes
Remove...
Getting Your Records Organized is More Important Than You Think
Keeping track of important papers is critical to maintaining an accurate picture of your finances and ensuring that your heirs are cared for in the...
Why You Should Discuss Inheritances with Your Heirs
Many people are uncomfortable discussing with heirs how they will distribute their estate. Perhaps you don't want your children to realize how much they may...
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How Will You Handle Your Digital Estate? (And, yes, you do...
Some assets don’t necessarily fit into our traditional approach to estate planning. We know how to account for bank accounts and real property. But...
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How to Avoid Ambiguities in a Will
Will drafting can be complicated. People can run into problems if they attempt to do it on their own, or rely on websites that do...
Unhappy with a Will? You Might Be Able to Challenge It
There are instances when heirs are not happy with the terms of a person's will.
When that is the case and the executor submits the will...
Prepare Your Family with an Estate Planning Letter
When you pass away or if you become incapacitated, it's natural for your family to feel confused and insecure about the future. You can help...
