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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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Work on your Estate Plan

Steps to Take as a Parent’s Condition Takes a Turn

Posted on: November 7, 2019 | By: David Parker, Esq.
My father only designated my mom as an agent on power of attorney forms, and they have not been updated in many years. Where do you think we should go from here?
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What debts are owed when parents die?

What Do I Need to Know about Medicare Advantage?

Posted on: November 6, 2019 | By: David Parker, Esq.
Medicare Advantage, also known as Medicare Part C, is a private insurance alternative to original Medicare.
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What doesn't Medicare cover.

How Do I Change My Will?

Posted on: November 5, 2019 | By: David Parker, Esq.
You don’t want to cause a fight over these items, after your dad is gone.
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Does a trust provide asset protection ?

Do My Heirs Need to Pay an Inheritance Tax?

Posted on: November 4, 2019 | By: David Parker, Esq.
Inheritance tax is a state tax on a percentage of the value of a deceased person's estate that's paid by the inheritor of the estate.
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caregiving expenses need to be considered

The Shocking Cost of Caregiving Expenses – and What to Do About It

Posted on: November 1, 2019 | By: David Parker, Esq.
Many people end up paying for everyday items, because their elderly parents cannot afford even the necessities of life.
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When shopping for funeral services, be wary.

The Little-Known Option of Selling Your Life Insurance Policy

Posted on: October 31, 2019 | By: David Parker, Esq.
The bottom line is, not everyone wants to continue paying premiums for a policy that will only benefit someone else.
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Estate Planning and Second Marriage

Can I Protect My Daughter’s Inheritance from Her Loser Husband?

Posted on: October 30, 2019 | By: David Parker, Esq.
My daughter is getting married soon. What can I do to protect her inheritance after my death?
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Can a BDIT save you on taxes?

How to Keep Charitable Giving After We Are Gone

Posted on: October 29, 2019 | By: David Parker, Esq.
Chances are you have one or more charitable causes that you support on an annual basis. It is also likely that you have failed to make any provision for charity whatsoever on your death.
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