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Estate Planning and Elder Law Blog

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Can I Inhertit debt when someone dies?

What Debt Must Be Paid after I Die?

Posted on: December 11, 2020 | By: David Parker, Esq.
If you are concerned about incurring debt after a family member’s death or are worried how your own debt will impact your family, here are some things you should know.
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What wrong with the Presley estate?

How Is Truman Capote ’s Estate Handling a Possible Sequel to ‘Breakfast at Tiffany's’?

Posted on: December 10, 2020 | By: David Parker, Esq.
The right to create a sequel, prequel or TV series based on the popular 1961 film “Breakfast at Tiffany’s” is now the subject of a tense legal battle.
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Estate Planning and divorce

How Do You Stop Family Disputes Over an Inheritance?

Posted on: December 9, 2020 | By: David Parker, Esq.
After a loved one passes, one of the biggest hurdles families face is passing wealth onto the next generation. Unfortunately, family dynamics can spur conflict and infighting among descendants.
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What does the surviving spouse get?

Survivor Benefits - When a Husband Dies, Does the Wife Get His Social Security?

Posted on: December 8, 2020 | By: David Parker, Esq.
Social Security is a huge source of financial stability for retirees, and married couples, in particular, can benefit dramatically from Social Security.
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Co-op and transferring to the kids

How Does Probate affect Real Estate Transactions?

Posted on: December 7, 2020 | By: David Parker, Esq.
Is it better to transfer the title of the home to us, or to leave it as it is given her age and go through probate?
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Estate planning for physicians

What’s the Difference Between Nursing Homes and Assisted Living?

Posted on: December 4, 2020 | By: David Parker, Esq.
The time may come when your elderly mother, father or other loved one cannot fully care for himself or herself. The adult children may not have the time or resources to ensure their relative’s health and safety. At that point, it may be time for him or her to move into a residential facility that can provide the care and services needed.
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Co-op and transferring to the kids

Medicare Advantage, review your Medicare Advantage Plan ?

Posted on: December 3, 2020 | By: David Parker, Esq.
Less than half of Medicare recipients take this step that could result in better or cheaper health coverage — or both.
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Social Security and In VItro

Does Quality Sleep Help with Alzheimer’s?

Posted on: December 2, 2020 | By: David Parker, Esq.
So how does one clean the brain? According to a study published in the journal Science, prioritizing sleep could be the key to eliminating toxins.
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What doesn't Medicare cover.

Intestate - How Does Court Choose an Executor if a Will Isn’t Available?

Posted on: December 1, 2020 | By: David Parker, Esq.
An essential part of estate planning is selecting someone to represent you after your death in the management of your estate. This personal representative is also known as an executor, or executrix, if you choose a woman as your personal representative.
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Co-op and transferring to the kids

Tax Basis - Homeownership and Medicaid Can Be Problem

Posted on: November 30, 2020 | By: David Parker, Esq.
Many people work hard to acquire real estate and then later find that that real estate makes them ineligible for Medicaid to help pay for nursing home or in-home, long-term care.
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