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Calculating Required Minimum Distribution

How Will a New NFL Policy Impact Pat Bowlen 's Estate Planning?

Posted on: December 29, 2020 | By: David Parker, Esq.
In a massive turn of events, the Denver Broncos may finally get a resolution to the fiasco that is the team’s ownership situation; only it may not come in the way that it was originally planned.
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Estate Planning for the sandwich generation

What Do I Need to Know about Gift-Giving with the Biden Administration?

Posted on: December 28, 2020 | By: David Parker, Esq.
Gifting sounds pretty simple, but there are many ways to do it, and several tax ramifications to be aware of as well.
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Open enrollment mistakes

Do Seniors with Dementia Show Signs of Financial ‘Symptoms’ Years before a Diagnosis?

Posted on: December 25, 2020 | By: David Parker, Esq.
A new study led by researchers at the Johns Hopkins Bloomberg School of Public Health and the Federal Reserve Board of Governors found that Medicare beneficiaries who go on to be diagnosed with dementia are more likely to miss payments on bills, as early as six years before a clinical diagnosis.
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What about a second beneficiary ?

What are the Biggest Mistakes Women make with their Social Security Benefit?

Posted on: December 24, 2020 | By: David Parker, Esq.
Women face unique challenges when planning for retirement and making these mistakes can result in a skimpier retirement.
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How does Portability work?

What Happens to Credit Card Debt when Someone Dies?

Posted on: December 23, 2020 | By: David Parker, Esq.
If you get bogged down with a high balance that you can’t easily afford to pay off, it can take years to get out of debt. However, what happens to your credit card debt, if you die before you’ve repaid it?
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Work on your Estate Plan

Elder Financial Abuse on the Rise during Pandemic

Posted on: December 22, 2020 | By: David Parker, Esq.
The pandemic is isolating many elderly Americans—as family members distance themselves, in an effort to keep everyone safe.
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What doesn't Medicare cover.

What Is an Ethical Will ?

Posted on: December 21, 2020 | By: David Parker, Esq.
My colleague’s father recently got infected with the coronavirus and had to be rushed to the hospital. The move was abrupt and hectic, and left no time for any deep conversation with his wife and family as he was being taken out to the ambulance.
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Open enrollment mistakes

What Happens If You Fail to Submit a Change of Beneficiary Form?

Posted on: December 20, 2020 | By: David Parker, Esq.
The financial institution is obligated to distribute the CD to the person or entities that otherwise would be entitled to receive it.
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Does King Chrales pay taxes?

How Did Country Star Hal Ketchum Die?

Posted on: December 19, 2020 | By: David Parker, Esq.
Country star Hal Ketchum has died at the age of 67, due to complications of dementia.
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Eddie Van Halen left money to a foundation

Should a Husband and Wife have Joint Trusts ?

Posted on: December 18, 2020 | By: David Parker, Esq.
In situations where both spouses want the surviving spouse to inherit all the assets, which is often the case, a joint trust can be far less complicated to set up and maintain than separate trusts, with less headaches for the surviving spouse.
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