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Estate Planning and Elder Law Blog

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New RMD rules

401(k) Does Potential IRS Change Have an Impact on Estate Plan?

Posted on: July 26, 2022 | By: David Parker, Esq.
The IRS is weighing a change that could leave your heirs poorer than you might hope.
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How does Portability work?

Do I Need a Spendthrift Trust ?

Posted on: July 25, 2022 | By: David Parker, Esq.
A spendthrift trust allows you to leave funds to a beneficiary without giving them full control over those funds.
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Estate Planning is one part of Elder Law

Understanding the Issues of Elder Law

Posted on: July 22, 2022 | By: David Parker, Esq.
The three main areas of focus for elder law attorneys include health care, estate and tax planning and guardianship matters.
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Where is your Health Care Power of Attorney ?

Can Bone Density Scan Predict Dementia?

Posted on: July 21, 2022 | By: David Parker, Esq.
Researchers can now assess a person’s risk of developing late-life dementia using data from a common type of bone density scan.
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What wrong with the Presley estate?

What’s Latest on Black Panther Star Chadwick Boseman ’s Estate?

Posted on: July 20, 2022 | By: David Parker, Esq.
At the time of Boseman’s death, news came to light that he had married Taylor Simone Ledward a few months earlier and that he had no will.
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What doesn't Medicare cover.

What Is an ‘Ethical Will’?

Posted on: July 19, 2022 | By: David Parker, Esq.
Ethical wills first began to appear in the 1990s, usually in the form of a “legacy letter” written just before a person died and then bolted onto their main will as an appendix.
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Unmarried Couples and estate planning

Unmarried Couples - What Happens If My Partner Dies?

Posted on: July 18, 2022 | By: David Parker, Esq.
All couples can now take advantage of tax benefits for married partners, pass assets from one spouse to another with ease and qualify for Social Security spousal and survivor benefits. However, not all couples want to get married.
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What are Non-Traditional Options for Long-Term Care Insurance?

Posted on: July 15, 2022 | By: David Parker, Esq.
There are other types of policies and investments that you can use to get long-term care benefits.
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How Do I Set Up a Funeral Trust?

Posted on: July 14, 2022 | By: David Parker, Esq.
Setting up a funeral trust requires that a consumer take reasonable precautions and understand the process.
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What Common Mistakes are Made with Living Trusts?

Posted on: July 13, 2022 | By: David Parker, Esq.
Of course, just because you have a living trust doesn't mean you're all set. Here are a few of the most common mistakes people make with their living trusts.
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