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Big COLA increase in 2023

If My Mom Wants to Give Me Her House, Is It Better to Inherit or Buy It?

Posted on: October 22, 2019 | By: David Parker, Esq.
It is very common for parents in later years to consider gifting their home or other real estate to their children during their lifetime
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Co-op and transferring to the kids

Mark Twain’s Estate Plan Went South, Despite His Efforts

Posted on: October 21, 2019 | By: David Parker, Esq.
I came in with Halley’s Comet in 1835. It is coming again next year, and I expect to go out with it. The Almighty has said, no doubt: ‘Now here are these two unaccountable freaks, they came together, they must go out together.’
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New rules for Hearing Aids .

When Should I Start Looking into Long-Term Care Insurance?

Posted on: October 18, 2019 | By: David Parker, Esq.
Healthcare can be a daunting prospect for seniors, namely because health issues can creep up as people age, and because Medicare comes with a lot of hidden costs that seniors aren't well-prepared for. However, if there's one health-related expense that can really catch retirees off-guard, it's none other than long-term care.
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Talk to your parents about their estate plan

How Will New Legislation Update Supplemental Social Security?

Posted on: October 17, 2019 | By: David Parker, Esq.
Lawmakers in the U.S. House of Representatives are looking to significantly increase that ceiling, with a bill introduced this month that would raise SSI’s asset limit to $10,000 for an individual and $20,000 for couples.
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S. Martin Gordon has retired. David Parker has taken over.

Posted on: October 16, 2019 | By: David Parker, Esq.
From the Desk of S. Martin Gordon attorney at law I wanted to share some recent news with you, my dear client. I have decided to merge my practice, S. Martin Gordon with my colleague, David Parker of the Parker Law Firm. The website address gordontrustlaw will shut down. As I considered the future, I […]
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What doesn't Medicare cover.

Must Spend Down an IRA Before I Can Apply for Medicaid?

Posted on: October 16, 2019 | By: David Parker, Esq.
Can a nursing home make a person who is in the home liquidate money in an IRA and spend it down to pay for care, before they can apply for Medicaid?
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Co-op and transferring to the kids

Do It Yourself Deeding Her Home Went Wrong–Fast

Posted on: October 15, 2019 | By: David Parker, Esq.
I want to divide my estate equally among their three children. I’ve mapped out a plan to dispose of my property without any probate whatsoever. I put it together from what I’ve read on the internet. It’s just marvelous what you can learn by Googling things, don’t you think?
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Does a trust provide asset protection ?

Should We Include Our Children in Our Charitable Giving Plans?

Posted on: October 14, 2019 | By: David Parker, Esq.
Apparently, your rich grandpa can’t donate his fortune to charity in peace.
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What Is a Pour-Over Will?

Posted on: October 13, 2019 | By: David Parker, Esq.
When you create a living trust, you also sign a pour-over will. One of the main benefits of a trust is avoiding a court proceeding on death called probate, which is when wills are used.
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The Art of Being a Smart Snowbird

Posted on: October 12, 2019 | By: David Parker, Esq.
In the next few months, thousands of northerners — so-called “snowbirds” — will escape their snowy, cold climates to spend the winter in warm, sunny spots in the southern or western part of the United States.
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