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Estate Planning and Elder Law Blog

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Can an Elder Law Attorney Help My Family?

Posted on: March 27, 2020 | By: David Parker, Esq.
Elder Law, a relatively new development thanks to prolonged life expectancy, is a branch of the law that serves the needs of the elderly and the disabled as well as their family. As many of you who are caregivers may already know, Elder Law covers an impressive range of client issues, both legal and financial.
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Work on your Estate Plan

New Blood Test May Make Alzheimer’s Diagnosis Easier

Posted on: March 26, 2020 | By: David Parker, Esq.
A simple blood test may soon be able to diagnose patients with two common forms of dementia – Alzheimer’s disease and frontotemporal dementia (FTD) – and tell the two apart.
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Beware Inheritance Theft

Surprising Ways Payable On Death Can Damage an Estate Plan

Posted on: March 25, 2020 | By: David Parker, Esq.
During the estate planning process, these beneficiary designations are reviewed to ensure that the beneficiaries are correct, and that the distribution of these assets conforms with the client’s intended estate plan.
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What Happened to Phil Spector

C19 UPDATE: Tax Filing Deadline Extended to July 15

Posted on: March 24, 2020 | By: David Parker, Esq.
Treasury Secretary Steven Mnuchin announced Friday that the administration has moved the IRS deadline for filing taxes from April 15 to July 15 due to the disruption caused by the coronavirus.
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An elder law attorney can help with paying for a nursing home

C19 UPDATE: Name Someone Your Medical Power of Attorney and Do It Now

Posted on: March 23, 2020 | By: David Parker, Esq.
In these uncertain times, it’s more important than ever to have your legal, financial and medical ducks in a row. Sadly, when serious illness strikes it is usually quite rapid and often unexpected. In these times, however, we do have forewarning that we are all at risk of contracting COVID-19, the coronavirus.
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Retirement Plans for the over 50 crowd

How Can I Fund A Special Needs Trust ?

Posted on: March 20, 2020 | By: David Parker, Esq.
If you have a child with special needs, a trust may be a financial priority. There are many crucial goods and services that Medicaid and Supplemental Security Income might not pay for, and a special needs trust may be used to address those financial challenges. Most importantly, a special needs trust may help provide for your disabled child, in case you're no longer able to care for them.
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What was in Ray Liotta 's Will

What Is The Latest On The New York Legislation Concerning Medicaid Spousal Refusal?

Posted on: March 19, 2020 | By: David Parker, Esq.
New York is considering ending a practice that allows one spouse to legally refuse to pay for nursing home care for the other — while passing the bill to Medicaid.
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Where in the World Do You Go to Retire If You Like The Snow?

Posted on: March 18, 2020 | By: David Parker, Esq.
Retirees who relish the pleasure of watching the seasons change, and love the special energy of winter, should consider these five affordable countries that feature colder winters and offer residency visas.
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New RMD rules

Should You Name a Trust as an IRA Beneficiary ?

Posted on: March 17, 2020 | By: David Parker, Esq.
For obvious reasons, including control, privacy, asset protection, etc., many clients are interested in putting assets into a trust. For many retirees, their IRA is among their biggest assets. It’s only natural to want to put the IRA into a trust.
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What Happened to Phil Spector

Estate Planning uses a “Dynamic Document”

Posted on: March 16, 2020 | By: David Parker, Esq.
Failing to ensure that your asset titling and beneficiary designations are coordinated with your estate plan, can lead to unintended costs, taxes and outcomes.
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