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Estate Planning and Elder Law Blog

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Co-op and transferring to the kids

How Does My Co-op Fit into My Estate Planning?

Posted on: January 25, 2023 | By: David Parker, Esq.
In most cases, a co-op board has enormous latitude to approve or deny the transfer of a unit’s shares and proprietary lease.
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Joint Ownership on Accounts

What Happens When Property has Joint Ownership and an Owner Dies?

Posted on: January 24, 2023 | By: David Parker, Esq.
Various types of property, such as bank accounts and real estate, can be owned jointly with another person(s).
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Calculating Required Minimum Distribution

Some Expenses are Paid by Estate and Some by Beneficiary

Posted on: January 23, 2023 | By: David Parker, Esq.
If you’re set to inherit, you may be wondering what estate expenses are paid by the beneficiary. The answer can depend on what assets are passed on to you when a family member or loved one passes away.
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Larry King 's estate goes on.

What’s the Latest with Larry King’s Estate?

Posted on: January 20, 2023 | By: David Parker, Esq.
The $100 million battle involving Larry King’s widow Shawn has heated up with the late television personality’s ex-business managers accusing him of having a secret bank account, has learned.
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Maureen McGovern and her illness

What Does Singer Maureen McGovern Say about Her Alzheimer's Symptoms?

Posted on: January 19, 2023 | By: David Parker, Esq.
McGovern explained that she plans to continue singing and writing songs for children, in addition to raising awareness for music therapy.
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What wrong with the Presley estate?

Intestacy - Who Were the 119 Heirs?

Posted on: January 18, 2023 | By: David Parker, Esq.
It turns out it’s not just in the movies that you can get a huge inheritance from that uncle you never knew about.
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What to know about guardianship ?

How Does Guardianship Work?

Posted on: January 17, 2023 | By: David Parker, Esq.
If you haven't had any experience with guardianship for adults with dementia, it's likely you don't understand just how complex it is. You are not alone.
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Adding Beneficiary Designations

Beneficiary Designation Mistakes to Avoid

Posted on: January 16, 2023 | By: David Parker, Esq.
Before making a decision on a beneficiary, it's very important to check your state laws. Some states have different rules on who you can name as a beneficiary.
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Flaxseed and senior health

Is Flaxseed Good for Seniors?

Posted on: January 13, 2023 | By: David Parker, Esq.
Growing old is a privilege. However, how you treat your body throughout your life can influence how you feel in your golden years. Leading a healthy lifestyle plays a big part in aging gracefully, and that includes filling your diet with nutrient-dense foods.
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Work on your Estate Plan

Why Is Movie Star Chris Hemsworth More Likely to Develop Alzheimer's Disease?

Posted on: January 12, 2023 | By: David Parker, Esq.
Chris Hemsworth underwent genetic testing for an episode of his docuseries Limitless — and found out he has an 8 to 10 times greater chance of getting Alzheimer's.
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