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Estate Planning and Elder Law Blog

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An elder law attorney can help with paying for a nursing home

How are a DNR and a Living Will Different for Coronavirus Patients, if They Require a Ventilator?

Posted on: May 7, 2020 | By: David Parker, Esq.
The coronavirus pandemic is causing confusion for families of those who need to go to the hospital for care for suspected COVIS-19 infections.
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Legal Guardian and conservatorship

People Subject to Guardian Proceedings and Legal Representation

Posted on: May 6, 2020 | By: David Parker, Esq.
It’s hard to imagine being stripped by a court of the right to make decisions about finances, medical care and other matters. It’s even harder to imagine that happening without representation or the advice from a lawyer.
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Eddie Van Halen left money to a foundation

Why Gifting during Volatile Markets Makes Sense

Posted on: May 5, 2020 | By: David Parker, Esq.
The recent decline in asset values may make gifting a more attractive estate planning technique for many individuals, especially if you are considering gifts of stock or other non-cash assets.
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New RMD rules

Coronavirus Stimulus Allows Retirees to Tap Funds Early, With Little or No Penalties

Posted on: May 4, 2020 | By: David Parker, Esq.
Lawmakers in Washington are making it easier for Americans struggling with the fallout from the coronavirus to draw on the trillions of dollars in their 401(k)s and other retirement accounts.
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What was in Ray Liotta 's Will

What’s the Difference Between an Inter Vivos Trust and a Testamentary Trust ?

Posted on: May 1, 2020 | By: David Parker, Esq.
Estate planning offers tools to establish and maintain effective control over cash, investments and real estate assets during a person's lifetime and upon death. While wills and beneficiary designations work well to ensure that an estate plan meets the unique needs of the individual establishing the plan, each has its limits.
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Beware Inheritance Theft

Rules for the HIPAA Waiver Relaxed?

Posted on: April 30, 2020 | By: David Parker, Esq.
Under the temporary enforcement waiver, OCR won't impose penalties for disclosure of protected health information, if the business associate makes good-faith use or disclosure for public health activities and informs the covered entity within 10 business days.
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Is there a step-up-in-basis for real estate?

Transferring a Home to Your Kids Is Never Good Estate Planning

Posted on: April 29, 2020 | By: David Parker, Esq.
Adding an adult child to your house deed, or giving them the home outright, might seem like a smart thing to do. It usually isn’t.
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What doesn't Medicare cover.

Requests for Estate Plans Reflect Fears about Coronavirus

Posted on: April 28, 2020 | By: David Parker, Esq.
Lawyers are being bombarded with requests to write wills, update estate plans and prepare health surrogate or "pull the plug" documents, as people are confronted by the realization that they could be diagnosed with COVID-19 and dead within days.
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New rules for Hearing Aids .

C19 UPDATE: Coronavirus and Seniors as the Economy Slowly Reopens

Posted on: April 27, 2020 | By: David Parker, Esq.
With the economy slowly reopening and stay-at-home orders expiring, what do those at increased risk need to know to stay safer?
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Can a BDIT save you on taxes?

You Can Complete Your Estate Plan During the Coronavirus Quarantine

Posted on: April 24, 2020 | By: David Parker, Esq.
If you are quarantined or under a lockdown and can't get to a notary, how can you get your will, trust and other documents executed? Don't give up. There are ways to get it done without leaving home.
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