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What Happened to Phil Spector

What Happens to a Health Savings Account when Owner Dies?

Posted on: January 5, 2022 | By: David Parker, Esq.
Do you know what happens to your HSA after you die? Health savings accounts, called HSAs for short, function differently than most other kinds of accounts.
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A blended family must have better planning

How Do You Split an Estate in a Blended Family?

Posted on: January 4, 2022 | By: David Parker, Esq.
Good estate planning must consider more than what you want to happen to your property and for your beneficiaries. It also must consider what you intentionally want to avoid happening.
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Don't fight over an inheritance

Why Naming Beneficiaries Is Important to Your Estate Plan

Posted on: January 3, 2022 | By: David Parker, Esq.
If you’ve ever spent time working through your estate plan, you know how important it is to select and update your beneficiaries.
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What to know about blood clots

What are the Major Signs of Blood Clots?

Posted on: December 31, 2021 | By: David Parker, Esq.
You’ve heard that advice to get up and walk around on the airplane? It’s probably time to start heeding it. Your risk of deep vein thrombosis (DVT) — a dangerous condition in which blood clots form when they’re not needed — increases exponentially with age.
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How a Miller Trust qualifies you for Medicaid

Miller Trust - Can I Restructure Assets to Qualify for Medicaid?

Posted on: December 30, 2021 | By: David Parker, Esq.
Several types of special income trusts and other strategies can be helpful, when trying to protect your family’s assets from the devastating costs of long-term care.
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What is a POD account ?

TOD and POD Accounts: What’s the Difference?

Posted on: December 29, 2021 | By: David Parker, Esq.
A TOD account allows the account holder to name a beneficiary on a non-retirement financial account to receive assets at the time of the account holder’s death, thereby (generally – i.e., when used correctly) avoiding probate.
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What doesn't Medicare cover.

Prince Philip’s Will: Are Royals Different than Regular People?

Posted on: December 28, 2021 | By: David Parker, Esq.
Should the Royal family be an exception to the normal laws governing probate?
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New IRS portability rules

What is the Purpose of an ILIT?

Posted on: December 27, 2021 | By: David Parker, Esq.
Life insurance is a sophisticated financial product, with as many variations and permutations as there are creative insurance companies (there are many) and creative insurance planners (there are even more).
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Maureen McGovern and her illness

Debt Collection - Do I Have to Pay Off Husband’s Debts after He Dies?

Posted on: December 24, 2021 | By: David Parker, Esq.
Losing your spouse is a painful, confusing time, but add to that repeated calls from an aggressive debt collector and a bad situation suddenly can get even worse.
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Taxing Social Security

Will My Social Security Benefits Be Taxed?

Posted on: December 23, 2021 | By: David Parker, Esq.
Uncle Sam is not the only one looking for a piece of your retirement income. Is your state on this list?
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