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Estate Planning and Elder Law Blog

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What is a POD account ?

What Did Steve Bing ’s Estate Plan Look Like?

Posted on: November 18, 2020 | By: David Parker, Esq.
Steve Bing — who inherited $600 million from his real estate developer grandfather at the age of 18 — only had about $300,000 left to his name at his death, leaving him relatively broke.
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Is there a step-up-in-basis for real estate?

What Do I Do If Property I Just Inherited Has a Mortgage?

Posted on: November 17, 2020 | By: David Parker, Esq.
What happens if you inherit your loved one’s home? What if they still have payments to make on their mortgage? We’ll explore these and other questions you may have below.
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Unmarried Couples and estate planning

What are the Responsibilities of a Trustee ?

Posted on: November 16, 2020 | By: David Parker, Esq.
A trustee is a manager of assets in a trust. The grantor creates the trust and appoints the trustee. A trustee has a ‘fiduciary duty’ to serve the grantor and not benefit personally.
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Could a Polar Bear Plunge Help with Dementia?

Posted on: November 13, 2020 | By: David Parker, Esq.
Cold water swimming may protect the brain from degenerative diseases like dementia, researchers from Cambridge University have discovered.
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What wrong with the Presley estate?

What Does Entertainer Chadwick Boseman ’s Estate Look Like?

Posted on: November 12, 2020 | By: David Parker, Esq.
The wife of "Black Panther" star Chadwick Boseman is seeking to be appointed administrator of the estate of the beloved actor, who died in August at the age of 43.
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Andre Zarre 's Will Contest

Why Is the Art Dealer, Andre Zarre 's Family Contesting His Will?

Posted on: November 11, 2020 | By: David Parker, Esq.
After art dealer Andre Zarre died in July, at age 78, his relatives got a surprise call from someone named Jose Yeje, co-owner of a deli in Queens. Yeje told them that, just nine days before his death, Zarre changed his will to name Yeje as the executor and sole beneficiary of his estate, which is worth millions.
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How do I know if I have an IRA inheritance ?

How Do I Know If Mom Left Me Her IRA Inheritance ?

Posted on: November 10, 2020 | By: David Parker, Esq.
My mother and father had retirement funds. My father passed and it went to my mother. My mother got remarried and she had a will when she died. My stepfather is to get what they agreed upon. She never made him the beneficiary of that retirement fund that was between my mother and father.,  However, when I asked to see the amount of this fund, the executor would not produce it. How can we find out the amount?
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Estate Administration - What to do?

Estate Administration - Act Quickly to Protect an Estate

Posted on: November 9, 2020 | By: David Parker, Esq.
When dealing with the emotional pain of the loss of a loved one, family members also have to address daunting administrative tasks.
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What wrong with the Presley estate?

What Doesn’t Medicare Cover ?

Posted on: November 6, 2020 | By: David Parker, Esq.
It's important to understand that Medicare Part A and Part B leave some pretty significant gaps in your health-care coverage.
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A pet trust can care for your pets after your death

Can I Leave My Pets Some of My Estate?

Posted on: November 5, 2020 | By: David Parker, Esq.
In addition to writing wills, Minnesotans are now setting up trusts to care for pets, ranging from dogs and horses to parrots and raccoons.
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