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Annuity Beneficiaries

What’s the Problem with Actor Jeremy Renner’s Trust for His Daughter?

Posted on: June 16, 2020 | By: David Parker, Esq.
The in-court fights between Hawkeye actor Jeremy Renner and his ex-wife Sonni Pacheco have not slowed, despite current world events.
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New IRS portability rules

Don’t Shrink Your Estate with Last Minute Tax Planning

Posted on: June 15, 2020 | By: David Parker, Esq.
Estate planning strategies such as family limited partnerships and gifts to charitable trusts are part of an estate planning professional’s toolbox to achieve client goals, such as minimizing taxes, effectuating philanthropic plans, teaching younger generations about a family business and passing on wealth.
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What was in Ray Liotta 's Will

What is a Letter Testamentary for an Estate?

Posted on: June 14, 2020 | By: David Parker, Esq.
Mom just passed away. You walk into the bank to get the money out mom’s bank account. But you are shocked when the bank says you are not allowed to have access to the bank account without getting a letter testamentary. What? The bank manager tells you: “A Letter testamentary can be gotten from a […]
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What was in Ray Liotta 's Will

What is a Letter of Appointment for an Estate?

Posted on: June 13, 2020 | By: David Parker, Esq.
Mom just passed away. You walk into the bank to get the money out mom’s bank account. But you are shocked when the bank says you are not allowed to have access to the bank account without getting a letter of appointment. What? The bank manager tells you: “A Letter of Appointment can be gotten […]
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Calculating Required Minimum Distribution

Why Is Blue Cross and Blue Shield Waiving Cost-Sharing Fees ?

Posted on: June 12, 2020 | By: David Parker, Esq.
Blue Cross and Blue Shield of Minnesota said Monday it will waive fees on doctors' visits for its Medicare Advantage customers for the rest of the year, joining a growing number of health insurers to offer discounts in response to COVID-19.
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What was in Ray Liotta 's Will

How Can Estate Planning Protect Me from COVID-19 ?

Posted on: June 11, 2020 | By: David Parker, Esq.
The ongoing pandemic has made everyone have to face some unpleasant realities, including the idea that one day we won’t be here anymore. Do you know how to make sure that your affairs are in order for your loved ones?
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trust administration

Will Paris Hilton See Her Dad’s Wealth?

Posted on: June 10, 2020 | By: David Parker, Esq.
While the tabloids and gossip websites were eating up every move Paris made, so was someone else – her grandfather, Barron Hilton. Before 2007, Barron was set to leave his $4.5 billion fortune to his family. That was until Paris embarrassed him with her antics so badly, that he changed his mind.
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How does Portability work?

Did Kirk Douglas Leave His Wealth to His Son Michael?

Posted on: June 9, 2020 | By: David Parker, Esq.
Kirk Douglas chose to leave his $61 million fortune to charity, rather than giving any to his son Michael.
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Work on your Estate Plan

Alzheimer’s patient, Dementia and other Brain Diseases Require Special Estate Planning Steps

Posted on: June 8, 2020 | By: David Parker, Esq.
Covid-19 or Coronavirus has created health worries and fear for everyone. For those with underlying health issues, which include multiple sclerosis, Parkinson’s disease, Alzheimer’s disease, or other brain diseases, those concerns are even more pronounced.
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CDPAP will pay you to take care of Mom.

Caregiver Monday as a Day of Self-Care?

Posted on: June 5, 2020 | By: David Parker, Esq.
The recent coronavirus global pandemic has disrupted daily life at levels unprecedented in our lifetime. Yet life disruption is something family caregivers understand all too well. According to a study by AARP and the National Alliance for Caregiving (NAC), more than 34 million Americans are caring for someone over age 50: a spouse or partner, an older parent or in-law, a sibling, a beloved older family member or even a friend.
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