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Choose your fiduciary wisely.

What Will New Acts of Congress Mean for Stretch IRA s?

Posted on: November 29, 2019 | By: David Parker, Esq.
I am concerned about the SECURE and RESA acts currently being considered in Congress. If either of them passes, my children will lose the inherited stretch IRA ability and face a much higher tax bill upon my demise.
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What doesn't Medicare cover.

What Did Chicago PD Actress Marina Squerciati Receive from her Mom’s Boyfriend’s Will?

Posted on: November 28, 2019 | By: David Parker, Esq.
A new court filing designed to prevent the mistress of John R. Jakobson from testifying that he promised to leave Chicago PD actress Marina Squerciati some of his $100 million fortune, states the Wall Street mogul said she would get a 'big surprise' in his will.
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What doesn't Medicare cover.

Sharing Legal Documents and Passwords

Posted on: November 27, 2019 | By: David Parker, Esq.
Safe and shareable password storage is vital in today’s computerized world. The old solution–writing down passwords on paper set next to your keyboard–is not safe, not adequate and not shareable.
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Don't put off getting hearing aids.

Putting off Getting Hearing Aids? Don’t—Your Brain Will Thank You!

Posted on: November 26, 2019 | By: David Parker, Esq.
A few years ago, researchers at the Johns Hopkins University School of Medicine gave us yet another reason to worry about getting Alzheimer’s disease and other dementias: They demonstrated an association between hearing loss and cognitive decline.
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Open enrollment mistakes

How Bank Employees Can Protect Seniors from Financial Exploitation

Posted on: November 25, 2019 | By: David Parker, Esq.
Over half of financial advisors admitted they do not report it, when they see financial exploitation or suspect it is happening.
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What doesn't Medicare cover.

What’s Better, A Living Trust or a Will?

Posted on: November 24, 2019 | By: David Parker, Esq.
Last wills and testaments, which were invented centuries ago, are the most famous estate-planning documents.
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Don't put off getting hearing aids.

Remaining Even and Fair in Estate Distribution

Posted on: November 23, 2019 | By: David Parker, Esq.
We have money in savings and retirement accounts, but our most valuable asset is our home. We want to leave our property to our two children equally.
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New rules for Hearing Aids .

How Long-Term Care Services and Supports Compare Across the United States

Posted on: November 22, 2019 | By: David Parker, Esq.
One state might have all the services you need at little or no cost, and a neighboring state might provide much less assistance.
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Are There Taxes if I Gift to my Grandchild ?

Posted on: November 21, 2019 | By: David Parker, Esq.
All gifts are potentially subject to gift taxes, which are generally paid by the donor, not the recipient.
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A pet trust can care for your pets after your death

A Pet Trust Can Protect Pets after You’re Gone

Posted on: November 8, 2019 | By: David Parker, Esq.
For most people, pets aren’t just animals–they’re the excited ‘hello’ when we get home from a long day of work, our jogging partners, our best friends and part of the family.
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