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Estate Planning and Elder Law Blog

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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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What wrong with the Presley estate?

What’s an Annuity ?

Posted on: January 11, 2023 | By: David Parker, Esq.
A joint and survivor annuity provides lifetime income payments for an annuity owner and their survivor. You contribute a lump sum of money to the joint and survivor annuity and can usually start receiving income almost immediately.
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What doesn't Medicare cover.

What Did Kirstie Alley Do for Estate Planning?

Posted on: January 10, 2023 | By: David Parker, Esq.
Kirstie Alley enjoyed the fruits of her labor following a successful career in the limelight, leaving behind a $40 million fortune and massive real estate portfolio.
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Equal Inheritance

Should Each Child Get Equal Inheritance?

Posted on: January 9, 2023 | By: David Parker, Esq.
Equally sharing the wealth among the children isn’t always fair, such as when one sibling is the primary caretaker, or another is already wealthy.
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HIPAA rules

Are Flavonols Good for My Brain?

Posted on: December 23, 2022 | By: David Parker, Esq.
Higher dietary intake of total flavonols and individual flavonol constituents was linked with slower cognitive and memory decline in older adults, a longitudinal study showed.
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Work on your Estate Plan

Does Elder Abuse Victim have Obligation of $25 Million Gift?

Posted on: December 22, 2022 | By: David Parker, Esq.
A 95-year-old woman is asking a judge to find she is not obligated to make a $25 million donation to music education at Cal State Long Beach, alleging she was coerced into signing such an agreement by a former 49er Foundation executive and others associated with the university.
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Eddie Van Halen left money to a foundation

Why Would I Need a Post-Nup?

Posted on: December 21, 2022 | By: David Parker, Esq.
While couples might sign a prenuptial agreement before they’re married and a “post-nup” after, it’s more than just the timing that differentiates these arrangements, experts say.
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Can a BDIT save you on taxes?

Can Executor Take the Money and Run?

Posted on: December 20, 2022 | By: David Parker, Esq.
Succession planning involves accounting for the worst-case scenario. Without accounting for these risks, your plan could fail, require expensive litigation or jeopardize the family farm.
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Can a BDIT save you on taxes?

How Charitable Giving Benefits the Giver

Posted on: December 19, 2022 | By: David Parker, Esq.
With a charitable tax deduction, you can donate to a good cause and cut your tax bill at the same time.
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Open enrollment mistakes

What are Biggest Medicare Open Enrollment Mistakes?

Posted on: December 16, 2022 | By: David Parker, Esq.
Millions of retirees are in the thick of Medicare open enrollment, which runs from Oct. 15 to Dec. 7.  However, many find the process challenging. Some don’t understand the difference between Original Medicare and Medicare Advantage, many are overwhelmed by Medicare advertising and only 4 in 10 people review their plan options each year, according to a July 2022 report from health care consulting firm Sage Growth Partners.
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