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Don't forget a charitable donation in your estate plan.

Include These Three Items in Your Will

Posted on: February 5, 2020 | By: David Parker, Esq.
A will or trust explains what you want to have happen to your assets when you die, hopefully in a very, very long time. While most people understand that a will explains what to do with money, property, and children, there are other parts you might be surprised by.
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Long-Term Care Insurance?

Estate Planning Documents for a Natural Ending

Posted on: February 4, 2020 | By: David Parker, Esq.
You know that you can always refuse life-sustaining medical treatment. The tricky part comes when you are no longer able to understand your options or communicate your wishes to the health care professionals.
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New RMD rules

What’s Your Retirement Distribution Plan?

Posted on: February 3, 2020 | By: David Parker, Esq.
Failing to withdraw a required minimum distribution (RMD) from your own or an inherited IRA by the deadline results in a big tax code penalty: 50%. That's right.
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Open enrollment mistakes

Why was a Florida Caregiver Arrested? Financial Abuse.

Posted on: January 31, 2020 | By: David Parker, Esq.
Sarasota County Sheriff's Office investigators said Anna Bullinger, 55, was first hired in 2015 to serve as a caretaker for the victim, Peggy Nardone.
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An elder law attorney can help with paying for a nursing home

Pull the Plug - Why are Two Brothers Fighting Over Their Mother’s Life?

Posted on: January 30, 2020 | By: David Parker, Esq.
She can only mouth words and nod her head, but a bed-bound, 91-year-old Long Island woman has made herself clear — she does not want to be taken off the machines that keep her alive.
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Don't forget a charitable donation in your estate plan.

Tax Planning - I’m Between 55 and 64, How Do I Boost My Retirement Savings?

Posted on: January 29, 2020 | By: David Parker, Esq.
If you're between 55 and 64, you still have time to boost your retirement savings. Whether you plan to retire early, late, or never ever, having an adequate amount of money saved can make all the difference, both financially and psychologically. Your focus should be on building out—or catching up, if necessary.
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Annuity Beneficiaries

Surviving Spouse - Preparing for the Inevitable: The Loss of a Spouse

Posted on: January 28, 2020 | By: David Parker, Esq.
According to the U.S. Census Bureau, the average age of widowhood in the United States is a surprisingly young 59.
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Can I get less in Social Security ?

How Does Social Security Work for a Spousal Benefit ?

Posted on: January 27, 2020 | By: David Parker, Esq.
Security discussions often focus on retirement security, but a number of related benefits also deserve the spotlight, such as survivor benefits for a surviving spouse.
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New RMD rules

What Does the New SECURE Act Mean for My Retirement?

Posted on: January 24, 2020 | By: David Parker, Esq.
Planning for retirement is a process that takes your whole career to achieve. In order to be successful at retirement planning, it's critical to know about all the tools at your disposal and how best to use them, in order to save as much as you can for your golden years.
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When shopping for funeral services, be wary.

Do Unmarried Couples Need Estate Planning ?

Posted on: January 23, 2020 | By: David Parker, Esq.
Experts say that creating a plan for what happens to your estate — regardless of how meager or massive your assets — is key for unmarried couples who want their commitment to each other protected in the event of death.
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