Posted on: March 19, 2019 | By: David Parker, Esq.
Sen. Bernie Sanders, I-Vt., has introduced a bill that would re-establish the threshold of the estate tax at $3.5 million and set the top taxation rate as high as 77 percent.
Posted on: March 18, 2019 | By: David Parker, Esq.
Wills deal with the transfer of valuable properties – both real estate and funds – so the law imposes formalities that are intended to increase dependability and reduce ambiguity.
Posted on: March 14, 2019 | By: David Parker, Esq.
For many people, their home is the most valuable asset they own. Leaving real estate to your heirs can also be a complicated process, so you'll want to make sure you plan accordingly.
Posted on: March 13, 2019 | By: David Parker, Esq.
Aging parents who need support from adult children do not always have power of attorney documents completed before caregiving begins. Caregiving situations arise from unexpected situations, like an accident in the home or health emergency like a heart attack or stroke.
Posted on: March 11, 2019 | By: David Parker, Esq.
If you die without a will, it can lead to conflict between your surviving loved ones, as they try to figure out how best to divide up your personal belongings and finances.
Imagine that your mom has Alzheimer’s. She calls you one day, out of the blue, saying that she wants to sell the family home. When you ask her where she would live if the family home is gone, she doesn’t seem to have a clear plan. Ten minutes into the call, Mom gets upset with your questions. She declares that she can sell the house without your help and hangs up the phone.
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