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Estate Planning and Elder Law Blog

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What wrong with the Presley estate?

Who Inherits Queen Elizabeth II’s Fortune?

Posted on: October 5, 2022 | By: David Parker, Esq.
Is Prince Charles III the sole heir of Queen Elizabeth’s fortune?
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What doesn't Medicare cover.

Estate Planning - Problems Created When No Will Is Available

Posted on: October 4, 2022 | By: David Parker, Esq.
People who have had a serious case of COVID-19 are 66% more likely to engage in estate planning, and 32% of adults under 35 said they wrote a will because of the pandemic.
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What happened to Pat Bowlen 's estate?

Pat Bowlen - How Not to Build a Family Football Dynasty

Posted on: October 3, 2022 | By: David Parker, Esq.
A decade before his death, the billionaire owner of the Denver Broncos consulted with attorneys about the orderly handover of the team after his death. He crafted a carefully delineated trust that his hand-picked trustees would oversee.
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Teeth and senior health

Can My Teeth Tell Me about My Health?

Posted on: September 30, 2022 | By: David Parker, Esq.
While we know that regular brushing, flossing and general dental care can prevent common problems such as cavities and gum disease, your teeth can also offer clues to brewing health problems. Discover what your pearly whites can reveal about your health.
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Work on your Estate Plan

There are Less Restrictive Alternatives than Guardianship

Posted on: September 29, 2022 | By: David Parker, Esq.
Although laws vary from state to state, every state requires that less restrictive alternatives be considered before invoking a guardianship. These might include such vehicles as limited guardianships, powers of attorney or assisted decision-making agreements.
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What wrong with the Presley estate?

What’s a ‘Pot Trust’?

Posted on: September 28, 2022 | By: David Parker, Esq.
A pot trust, also referred to as a discretionary, sprinkling or common pot trust, is a type of trust that can be used by families to pass on assets. With this type of trust, minor children serve as beneficiaries with a trustee that oversees the management of trust assets. The trustee has discretionary power to decide how the trust funds are used to pay for the care and needs of beneficiaries.
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What doesn't Medicare cover.

Did Actress Anne Heche have a Will?

Posted on: September 27, 2022 | By: David Parker, Esq.
The oldest son of Anne Heche has filed a petition to assume control of the late actress’s estate.
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How to provide asset protection

Deathbed Gift, what are the taxes?

Posted on: September 26, 2022 | By: David Parker, Esq.
One sure-fire way your clients can reduce the size of their taxable estate is to give gifts to loved ones while they’re still alive. But when are ‘deathbed gifts’ considered to be complete for estate and gift tax purposes?
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New rules for Hearing Aids .

When Will Hearing Aids Be OTC (Over the Counter)?

Posted on: September 23, 2022 | By: David Parker, Esq.
On Aug. 16, 2022, the Food and Drug Administration (FDA) published its final rule establishing a new over-the-counter (OTC) hearing aids category.
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Open enrollment mistakes

Does Inflation Reduction Act have Impact on Seniors?

Posted on: September 22, 2022 | By: David Parker, Esq.
Inflation Reduction Act limits out-of-pocket drug costs, caps insulin copays, makes vaccines free.
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