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Estate Planning and Elder Law Blog

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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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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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