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Estate Planning and Elder Law Blog

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Maureen McGovern and her illness

Grieving - The Worst Things to Say when Someone Passes Away

Posted on: June 18, 2021 | By: David Parker, Esq.
The loss of a family member or friend, sad as it may be, is hardly unusual. How do you put it into words? What do you say when someone dies?
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Can an annuity work in an estate plan?

Should I Include an Annuity in Estate Planning?

Posted on: June 17, 2021 | By: David Parker, Esq.
Not all annuities are alike, and some may not be appropriate for you. How much do you know about these investment products?
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What doesn't Medicare cover.

Is a Handwritten Will a Smart Idea?

Posted on: June 16, 2021 | By: David Parker, Esq.
A holographic will is a will handwritten by the testator (the maker of a will). Holographic wills are recognized in about half of the states in the United States.
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Is there a step-up-in-basis for real estate?

Step-Up in Basis - Short-Cuts to Estate Planning can Lead to Costly Consequences

Posted on: June 15, 2021 | By: David Parker, Esq.
Over the years I get all kinds of questions from people. And boy, have I heard some doozies. But one common one I get is called the ‘lazy (or poor) man's (or woman's’) estate planning.’ This type of estate planning has some very negative tax consequences.
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Choose your fiduciary wisely.

When Should an Estate Plan Be Reviewed?

Posted on: June 14, 2021 | By: David Parker, Esq.
The documents may still be valid but if they are stale or outdated, you may spend significant money trying to use them down the road.
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An elder law attorney can help with paying for a nursing home

Some Surgeries are Especially Risky for Seniors

Posted on: June 11, 2021 | By: David Parker, Esq.
Knowing if a surgery is high-risk can help you make an informed decision about the procedure.
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Controlling Heirs from Beyond

New Rules for Burial at Arlington National Cemetery

Posted on: June 10, 2021 | By: David Parker, Esq.
Army officials expect to unveil their final rule changes for burial eligibility at Arlington National Cemetery sometime this fall, after they finish sorting through significant public feedback on plans to restrict which veterans can choose the site as their final resting place.
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Keep your estate plan organized

Did Bill Gates and Wife Sign Pre-Nup?

Posted on: June 9, 2021 | By: David Parker, Esq.
Amid news of Bill and Melinda Gates' pending divorce, TMZ recently revealed that the philanthropic couple never signed a prenuptial agreement.
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Is there a step-up-in-basis for real estate?

Can a Daughter Help Parents by Paying the Mortgage ?

Posted on: June 8, 2021 | By: David Parker, Esq.
I am one of three daughters who will inherit our home when our parents pass away. They have a mortgage on the home and some credit card debt. Would it be wise for us to purchase their home before their death, so their mortgage debt is paid off?
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What doesn't Medicare cover.

Do You Have to Do Probate when Someone Dies?

Posted on: June 7, 2021 | By: David Parker, Esq.
For most of us, the first time we ever thought about probating a will is when someone in our family has died. So, what does it mean to probate a will?
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