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Unmarried Couples and estate planning

Are Millennials Estate Planning?

Posted on: March 16, 2022 | By: David Parker, Esq.
As the coronavirus pandemic increased anxiety and upended many lives, it led U.S. millennials to get more serious about end-of-life planning.
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What Happens when Bitcoin Holders Die?

Posted on: March 15, 2022 | By: David Parker, Esq.
In today’s digital era, the departed will be survived by their electronic footprints, such as iPhone photo albums, Spotify playlists—and cryptocurrency wallets.
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What wrong with the Presley estate?

What Does Estate Plan Include?

Posted on: March 14, 2022 | By: David Parker, Esq.
A will is first. In essence, a will spells out who will get your stuff, in what proportions they will get it and in some instances at least, upon what conditions.
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What wrong with the Presley estate?

What If an Estate Owes Back Taxes?

Posted on: March 11, 2022 | By: David Parker, Esq.
My mother passed, and she was an administrator of my grandfather’s estate and the inheritances. The estate accumulated quite a bit of back taxes over the years. Will the IRS put a lien on that estate as well as hers to retrieve funds?
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A Special Needs Trust can protect your child.

How Do Help My Grandchild with Special Needs?

Posted on: March 10, 2022 | By: David Parker, Esq.
Estate planning is not a requirement. No one can force you to make your will, create a power of attorney or to own your property in a way to avoid probate. As a result, people too often let common estate planning excuses stand in their way.
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Is a Medicaid Annuity a Good Idea?

Posted on: March 9, 2022 | By: David Parker, Esq.
For couples who face depleting their own assets, using a Medicaid-compliant annuity could be a way to preserve assets and still qualify for Medicaid.
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How Probate Court works.

Do I Need an Attorney for Probate?

Posted on: March 8, 2022 | By: David Parker, Esq.
A competent elder law or estate attorney can discuss and use, where appropriate, such provisions as the family exemption, benefits to prepaying inheritance tax, even where the tax return is not yet complete and a listing of itemized deductions.
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Estate Planning for a Millennial

Does Marriage have an Impact on a Will?

Posted on: March 7, 2022 | By: David Parker, Esq.
Being married is significant both for a married person’s lifetime estate planning and subsequent administration of the estate at death. Important rights and responsibilities exist between married persons.
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What wrong with the Presley estate?

Wendy Williams and Concerns for her Capacity

Posted on: March 4, 2022 | By: David Parker, Esq.
Wendy Williams has asked a New York court to restore her access to a bank account that was frozen amid talks about the media personality’s ongoing health issues.
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Black Americans need planning

Why Do So Few Black Americans Have Wills?

Posted on: March 3, 2022 | By: David Parker, Esq.
When actor Chadwick Boseman died, he didn’t have a will. Neither did recording artists Prince and Aretha Franklin. Each time the news broke, there was surprise that such notable names hadn’t made estate plans. Yet, estate planning isn’t as common as experts argue it should be, particularly among Black Americans.
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