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Estate Planning and Elder Law Blog

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Big COLA increase in 2023

Vets May See a Big COLA Jump Next Year

Posted on: October 19, 2022 | By: David Parker, Esq.
Veterans could see their benefits boosted by the biggest margin in four decades after Congress on Thursday finalized plans to guarantee that veterans’ checks see the same cost-of-living boost as Social Security payouts.
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Can a BDIT save you on taxes?

How Does Probate Court Work?

Posted on: October 18, 2022 | By: David Parker, Esq.
Probate court is a segment of the judicial system that oversees the execution of wills as well as the handling of estates, conservatorships and guardianships.
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What does the surviving spouse get?

Estate Plans Can Protect against Elder Financial Abuse

Posted on: October 17, 2022 | By: David Parker, Esq.
According to experts, despite increased phishing emails and robocalls, it is far more common for financial exploitation to be committed by people who know the victim, such as relatives, caregivers, neighbors, or ‘friends.’
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What wrong with the Presley estate?

Was the Late Comedian Louie Anderson a Victim of Elder Abuse?

Posted on: October 14, 2022 | By: David Parker, Esq.
Louie Anderson was a victim of “elder abuse”, his family claims in legal documents.
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CDPAP will pay you to take care of Mom.

Rehab - Who Pays the Bills when Medicare Runs Out?

Posted on: October 13, 2022 | By: David Parker, Esq.
No one planned that Mom or Dad would have to end up long term in a nursing home and they can’t afford the cost after Medicare payments run out.
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Co-op and transferring to the kids

What is a Life Estate ?

Posted on: October 12, 2022 | By: David Parker, Esq.
Chances are, your home is full to the brim with cherished memories of family and friends. But, as you get older, you may start wondering what exactly will happen to your home when you pass away. Fortunately, a life estate can take away the uncertainty of this thought by legally assigning an heir to receive your property without interference from court proceedings.
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Yvon Chouinard ’s Gift will Grow

Patagonia Founder Yvon Chouinard Gives Company to Planet Earth

Posted on: October 11, 2022 | By: David Parker, Esq.
’Instead of ‘going public,’ you could say we're ‘going purpose,’ Patagonia founder Yvon Chouinard said of his decision to give away the multi-billion dollar company.
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Does King Chrales pay taxes?

No Inheritance Tax for King Charles III

Posted on: October 10, 2022 | By: David Parker, Esq.
King Charles III has ascended to the U.K. throne, but he won't have to pay the U.K.'s inheritance tax on the massive wealth he inherits from his late mother, Queen Elizabeth II. That's because of a deal the royals made with the government nearly 30 years ago.
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An elder law attorney can help with paying for a nursing home

Do Hospice Patients Recover?

Posted on: October 7, 2022 | By: David Parker, Esq.
How common is it for a hospice patient to recover, and what care is recommended after?
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How to provide asset protection

Did Stevie Ray Vaughan have a Will?

Posted on: October 6, 2022 | By: David Parker, Esq.
After Vaughan tragically died, the matters of his estate were decided by state and the Vaughan family.
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