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What doesn't Medicare cover.

What Was in Ivana Trump’s Estate Plan?

Posted on: February 10, 2023 | By: David Parker, Esq.
Ivana Trump left behind around $1 million for the nanny who raised her daughter Ivanka Trump and sons Eric Trump and Donald Jr. Trump, excluding her ex-husband former President Donald Trump from her will.
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What wrong with the Presley estate?

What’s a Bequest?

Posted on: February 9, 2023 | By: David Parker, Esq.
When a person uses a will to leave property to their family, friends or the causes they support, the act is known as a bequest. A bequest can be the cash, investments, jewelry or other items that a person passes to beneficiaries when they die.
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Can a BDIT save you on taxes?

Who Gets Graceland after Lisa Marie Presley‘s Death?

Posted on: February 8, 2023 | By: David Parker, Esq.
Lisa Marie Presley‘s surviving three children will reportedly inherit her Graceland estate.
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What Happened to Phil Spector

When Is Life Insurance Taxable to Beneficiaries?

Posted on: February 7, 2023 | By: David Parker, Esq.
When beneficiaries receive a payout from a life insurance policy, they typically don’t have to pay taxes. However, there are a few situations where a portion of the life insurance benefit is taxable to the beneficiary.
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Can your love ones be disinherited ?

How to Protect Loved Ones from Being Disinherited

Posted on: February 6, 2023 | By: David Parker, Esq.
If your beneficiary designations are out of date and you die without updating those designations, your assets could go the wrong people–a former spouse, for example–no matter what your will says.
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HIPAA rules

What Is HIPAA Authorization?

Posted on: February 3, 2023 | By: David Parker, Esq.
The HIPAA Privacy Rule permits the sharing of health information by healthcare providers, health plans, healthcare clearinghouses, business associates of HIPAA-covered entities and other entities covered by HIPAA Rules under certain circumstances.
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Can a BDIT save you on taxes?

Is Handwritten Instruction in Bible Valid to Update a Will?

Posted on: February 2, 2023 | By: David Parker, Esq.
A state appeals court has ruled that a handwritten instruction in a Bible that included only the first name of the writer was a valid codicil that changed a will.
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What doesn't Medicare cover.

What’s the Fight About for Leonard Cohen’s Estate?

Posted on: February 1, 2023 | By: David Parker, Esq.
Leonard Cohen had been burned before. So, in the years before his death in 2016, the “Hallelujah” singer and poet worked to secure most of his multi-million dollar estate for the benefit of his heirs — who are now fighting for total control of the Canadian musician’s assets, The Post has learned.
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Can a BDIT save you on taxes?

What Should Not Be Kept in a Safe Deposit Box?

Posted on: January 31, 2023 | By: David Parker, Esq.
Locking away certain valuables and important documents in a bank vault could turn into a headache for you or your heirs.
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What about a second beneficiary ?

Why You Need a Second Beneficiary

Posted on: January 30, 2023 | By: David Parker, Esq.
Naming secondary beneficiaries can help estate planners avoid the delay and costs of going through probate, as well as ensure that your wishes are carried out.
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