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Estate Planning and Elder Law Blog

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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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What doesn't Medicare cover.

What Can’t I Forget in My Will Now that I’m 50?

Posted on: March 2, 2022 | By: David Parker, Esq.
Without a will, decisions made about your property and assets will be handed over to local courts, which can make an already challenging time even harder for your loved ones.
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The Most Common Myths about COVID Vaccine

What Can We Learn from Prince ’s Estate Planning (or Lack Thereof)?

Posted on: March 1, 2022 | By: David Parker, Esq.
Six years of legal wrangling later, Prince’s estate is finally moving forward. Here are five critical mistakes he made that all of us can learn from.
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Estate Planning is one part of Elder Law

Can I Avoid Paying Taxes on Social Security Benefits ?

Posted on: February 28, 2022 | By: David Parker, Esq.
Social Security benefits are a vital source of income for many retired Americans. However, as with any income, the federal government is able to tax Social Security benefits—how much depends on the retiree's income.
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