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Estate Planning and Elder Law Blog

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Category: Estate Planning

Estate planning services refer to the process of managing and distributing one's assets and properties after their death, in a way that ensures the smooth transfer of wealth to the intended beneficiaries while minimizing taxes and other expenses. Estate planning services may include drafting legal documents such as wills, trusts, and powers of attorney, as well as providing guidance and advice on strategies for asset protection and wealth transfer. These services may be provided by lawyers, financial advisors, or other professionals with expertise in estate planning. Effective estate planning can help individuals achieve their long-term financial goals and provide peace of mind for themselves and their loved ones.

What doesn't Medicare cover.

Must I File For Federal Taxes When My Dad is Dead?

Posted on: April 19, 2019 | By: David Parker, Esq.
Do I file 2018 tax returns for my father? He passed away in October 2018.
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Eddie Van Halen left money to a foundation

Should I Have a transfer on death (TOD) Account?

Posted on: April 18, 2019 | By: David Parker, Esq.
Also known as joint accounts, these types of accounts let their owners pass on small estates in a simple way.
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Black Americans need planning

Do Family Relationships Mess Up Estate Planning, Ask an Estate Planning Lawyer?

Posted on: April 17, 2019 | By: David Parker, Esq.
Families should plan early and communicate their wishes to their estate planners, as well as update their legal documents to reflect those wishes.
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How do you pass a certificate of deposit without a Will.

What is an Advance Directive and Do I Need One?

Posted on: April 13, 2019 | By: David Parker, Esq.
Normally, your doctor explains your health care options.  You then decide what is best for you. What happens if you are too ill to make decisions for yourself? Who do you want to make those decisions for you?
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NFT's and estate planning

Here’s One Way to Handle the Son-In-Law You Hate

Posted on: April 12, 2019 | By: David Parker, Esq.
A family from the United Kingdom has made international news, as a result of an alleged will forgery fueled by a mother-in-law’s disdain for her daughter’s husband.
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Can your love ones be disinherited ?

What is the Best Way to Leave an Inheritance to a Grandchild?

Posted on: April 11, 2019 | By: David Parker, Esq.
While everyone from brand new parents to great grandparents can benefit from the advice of a competent estate planning lawyer, frequently the individuals making sure that their affairs are in order, are those in their golden years. They have a common concern: what about their grandbabies?
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Co-op and transferring to the kids

What is a Life Estate?

Posted on: April 10, 2019 | By: David Parker, Esq.
What, exactly, is a life estate? Does it have any value?
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Slow walking and dementia

What’s My Plan If I’m an “Elder Orphan?”

Posted on: April 9, 2019 | By: David Parker, Esq.
’Elder orphans’ is a new term coined to describe 22 percent of Americans over the age of 65 who lack someone, like a family member to take care of them.
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Why Did a Georgia Woman Try to Trick a Judge Concerning Her Son’s Special Needs Trust?

Posted on: April 6, 2019 | By: David Parker, Esq.
A woman accused of conspiring to scam her special needs son out of his trust fund, has turned herself in to police, according to the Gwinnett County Police Department.
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CDPAP will pay you to take care of Mom.

How Can I Protect My Child’s Inheritance, If They Have a Substance Abuse Problem?

Posted on: April 5, 2019 | By: David Parker, Esq.
You've done all you could to draw up the perfect trust to protect your child and help them on the path to recovery. Now you need the right person (or team) to help make it happen.
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