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Estate Planning and Elder Law Blog

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Avoiding Guardianship

Is Guardianship a Good Idea?

Posted on: December 5, 2022 | By: David Parker, Esq.
A guardianship is a court-ordered relationship that is created to protect a person who is incapable of handling their estate or personal affairs. Guardianship law varies by state.
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What wrong with the Presley estate?

How Will Social Security Change Next Year?

Posted on: December 2, 2022 | By: David Parker, Esq.
Social Security recipients likely already know that their benefits get a bump almost every year to counteract the effect of inflation. However, that cost-of-living adjustment is just one of several annual tweaks to the Social Security system.
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How to provide asset protection

What Is Asset Protection Planning?

Posted on: December 1, 2022 | By: David Parker, Esq.
Asset protection planning is the process of building barriers around your assets, whether those assets are personal or business, to keep them safe from litigation, creditor claims, seizure and burdensome taxes.
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trust administration

Should I Need a Trust in My Estate Plan?

Posted on: November 30, 2022 | By: David Parker, Esq.
A trust can be a vital component in an estate plan.
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Don't fight over an inheritance

Can You Prevent Family Fights over Inheritance?

Posted on: November 29, 2022 | By: David Parker, Esq.
In early 2022, Bloomberg News reported that Americans can expect to inherit $72.6 trillion over the next quarter century—more than twice as much as a decade ago. With so much potential generational wealth on the line, there is always a risk that it will become the subject of a dispute.
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Don't make these estate planning mistakes

Top Five Estate Planning Mistakes

Posted on: November 28, 2022 | By: David Parker, Esq.
Overlooking an important step or making a blunder can derail all your careful planning, leaving your heirs and beneficiaries with a headache-inducing challenge.
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Causes of dementia

Could Picking Nose Increase Risk of Dementia ?

Posted on: November 26, 2022 | By: David Parker, Esq.
Picking your nose might be connected to dementia, new research finds.
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Can a BDIT save you on taxes?

Did Loretta Lynn have an Estate Plan?

Posted on: November 25, 2022 | By: David Parker, Esq.
Country music icon Loretta Lynn passed away at the age of 90 on Tuesday, October 4th. The renowned singer had reportedly planned her funeral service before her death.
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Is Tupac Alive?

Is a Colorado Prisoner Tupac Reincarnated and Entitled to His Vast Estate?

Posted on: November 23, 2022 | By: David Parker, Esq.
A Colorado inmate filed a lawsuit in New York to obtain Tupac Shakur’s estate because he believes he’s the late rapper reincarnated.
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A Special Needs Trust can protect your child.

How Do Special Needs Trusts Work?

Posted on: November 22, 2022 | By: David Parker, Esq.
A special needs trust (SNT) can help you provide financial security to your child after you die without leaving them ineligible for the government benefits that they need to sustain care.
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