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Don't make these estate planning mistakes

What are Benefits of Pre-Planning My Funeral?

Posted on: June 1, 2022 | By: David Parker, Esq.
Questions around death planning can feel overwhelming: Cremation or burial or natural organic reduction? What will your family want, and what will it cost? Do you really need to think about all this if you're young and healthy right now—or can you put off these decisions until you're older or dealing with a life-threatening illness?
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New rules for Hearing Aids .

Why Have a Joint Revocable Trust?

Posted on: May 31, 2022 | By: David Parker, Esq.
Establishing a joint revocable trust can be an ideal estate planning tool for the benefit of your children, grandchildren and beyond.
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Open enrollment mistakes

Can I Help Parents Remember Online Passwords ?

Posted on: May 27, 2022 | By: David Parker, Esq.
Ever heard the phrase, “a chain is only as strong as its weakest link?” The same goes for a financial portfolio: It’s only as safe as the password that protects it.
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What doesn't Medicare cover.

Should I have Revocable Living Trust in Estate Plan?

Posted on: May 26, 2022 | By: David Parker, Esq.
A revocable living trust is a great tool to help your assets pass smoothly to your beneficiaries. It can also significantly reduce the headaches of probate. However, while some assets belong in a trust, others cannot (or should not) go into one.
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When shopping for funeral services, be wary.

Does ‘Gray Divorce’ Fit into Estate Planning?

Posted on: May 25, 2022 | By: David Parker, Esq.
“Gray divorce” — the unfortunately named term for divorce after age 50 — is increasing among baby boomers.
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What about a second beneficiary ?

Does Surviving Spouse Get Their Social Security Benefits?

Posted on: May 24, 2022 | By: David Parker, Esq.
When you’re gone, your spouse’s income will take a major hit–one that can be worsened significantly, if you make the wrong decision about when to claim.
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Firearms and estate planning

Does Power of Attorney Perform the Same Way in Every State?

Posted on: May 23, 2022 | By: David Parker, Esq.
The law sometimes appears to contradict itself. Specifically, the words ‘anything and everything’ do not always legally mean ‘anything and everything’.
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HIPAA rules

How Is New York Strengthening Its Medicaid Program?

Posted on: May 20, 2022 | By: David Parker, Esq.
Reaction to the 2023 New York State budget continues, and older adult advocates are pleased that the $220 billion plan passed by lawmakers earlier this month expands Medicaid eligibility.
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What was in Ray Liotta 's Will

Did Monkee Mike Nesmith Have More Than One Will?

Posted on: May 19, 2022 | By: David Parker, Esq.
There was more than one will written by musician and music video pioneer Michael Nesmith, who came to fame in the 1960s as one of The Monkees rock group and died at his Carmel Valley home on Dec. 10, 2021.
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Can a BDIT save you on taxes?

Should I have a Pour-Over Will ?

Posted on: May 18, 2022 | By: David Parker, Esq.
What is a pour-over will?
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