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Estate Planning and Elder Law Blog

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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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What if co-executor s don't get along

Can I Get My Co-Executor Sister to Abide by Father’s Will?

Posted on: September 21, 2022 | By: David Parker, Esq.
My father left his house to me and my sister. However, 75% is supposed to be for me and 25% for her. Because she feels that was unfair, she’s fighting with me about selling the house.
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5 biggest mistakes for beneficiaries

Can Unequal Distribution of Inheritances Be Fair?

Posted on: September 20, 2022 | By: David Parker, Esq.
The important thing to acknowledge is that the emotions behind the reasons are not trivial, but are important and should not be dismissed or minimized.
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The Most Common Myths about COVID Vaccine

How Can I Minimize My Probate Estate?

Posted on: September 19, 2022 | By: David Parker, Esq.
Estate planning is not just for the wealthy. Anyone with a bank account, house, car or other personal property should have a will.
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Co-op and transferring to the kids

Will Gifting Conflict with Medicaid?

Posted on: September 10, 2022 | By: David Parker, Esq.
Understanding the different treatment of gifts by the IRS, Medicaid and VA systems can ensure that property passes as expected.
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Siblings may fight after you are gone

Why Do Siblings Fight after Death of a Parent?

Posted on: September 9, 2022 | By: David Parker, Esq.
There is no legal requirement that anyone give anyone else money or property when they pass.  The law says that as long as you understand what you’re doing, you can give your assets to anyone you feel like giving them to, equal or not.
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Lessons from Naomi Judd’s Estate Plan: Insights from an Estate Planning Attorney

Posted on: September 8, 2022 | By: David Parker, Esq.
Naomi Judd left her daughters, performers Ashley Judd and Wynonna Judd, out of her will according to multiple reports.
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New IRS portability rules

IRS Extends Portability Election Option Deadline from Two to Five Years

Posted on: September 7, 2022 | By: David Parker, Esq.
Portability allows spouses to combine their exemption from estate and gift tax. This allows a surviving spouse to use the unused estate tax emption of the deceased spouse.
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DIY v an estate planning attorney

The Risks of Creating Your Own Estate Plan

Posted on: September 6, 2022 | By: David Parker, Esq.
Even Consumer Reports suggests working with an experienced estate planning attorney to make sure documents are correctly prepared.
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New rules for Hearing Aids .

Wayward Senior Tracked by Bluetooth Technology

Posted on: September 2, 2022 | By: David Parker, Esq.
An elderly man in Hernando County is back safe and sound with his family after being found through a tracking device planted by his wife.
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