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Estate Planning and Elder Law Blog

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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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Adding Beneficiary Designations

Kari Lake Is in Hot Water with Singer Tom Petty ’s Estate

Posted on: December 15, 2022 | By: David Parker, Esq.
After the 2022 midterms, the estate of late songwriter Tom Petty tweeted a statement that condemned the use of Petty's 1989 hit "I Won't Back Down" in one failed gubernatorial campaign.
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What wrong with the Presley estate?

Anne Heche ’s Estate Facing Another Problem

Posted on: December 14, 2022 | By: David Parker, Esq.
The estate of late actress Anne Heche is being sued by Lynne Mishele, the woman who was living in the home, which was destroyed after Heche's vehicle crashed into the house and erupted into flames.
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What doesn't Medicare cover.

Do I Need a Trust, or a Last Will and Testament ?

Posted on: December 13, 2022 | By: David Parker, Esq.
One of the most common questions people ask about estate planning is whether they should be using a revocable trust instead of a last will and testament.
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