Considerations When Inheriting a House
Inheriting property is commonplace. Your parents or other family member may have left you a home or a piece of land in their Will. Now that you own this new place, what are the right steps to ensure that everything is properly taken care of? Talk to a tax professional. The best thing you can […]
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Download the 2024 Medicare and You Handbook
Looking for information about Medicare and what’s new in 2024? Medicare is health insurance for people 65 or older. Learn about the Medicare parts of coverage, options, costs, and how and when to enroll. You are eligible to sign up for Medicare three months before your 65th birthday. The U.S. Department of Health and Human […]
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Guidance for Making Medical Decisions
Medical decisions are highly personal choices, and they are relatively easy to make when your mental faculties are still with you. But with the possibility of illnesses that can rob you of your decision-making skills, how do you know that your personal wishes are being considered while family members are making decisions about your […]
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What Is a Supplemental Needs Trust?
Planning by parents can make all the difference in the life of a child with a disability, as well as that of their siblings who may be left with the responsibility for caretaking, on top of their own careers and caring for their own families. Supplemental Needs Trusts Special needs trusts (also known as […]
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Is 2024 the Year to Refinance Your Mortgage?
Mortgage interest rates rose throughout most of 2023, soaring above an average of 7% for a 30-year, fixed-rate mortgage at one point. This meant that few homeowners refinanced their mortgage loans last year. After all, the main goal of a refinance usually is to end up with a new loan with a lower interest rate. […]
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2023 Was an Award-Winning Year!
Best Law Office 2023 Best Law Firm 2023 – Top 3 Finalist Lawyers of Distinction Members have been selected based upon a rigorous review. Learn more. Building enduring, trusting, relationships with our clients is the hallmark of our practice. Since 1945, our attorneys have earned that trust through their solid legal credentials, experience, and an […]
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The Top Legal Concerns for the Elderly
You may have to make difficult decisions while you still have the mental and physical capacity to deal with financial, legal and health care issues. Personal and health affairs management, estate planning and administration, and long-term care and how to pay for assisted living or nursing home care are needs that must be addressed by […]
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Your Estate Plan Can Protect Your Special Needs Child
Parents of a child with a disability face numerous challenges and concerns. One 2022 study from Stanford University found that becoming ill stands among these parents’ biggest worries. They wonder what will happen to their children if they can no longer provide their care and support. Another survey revealed that 69 percent of special needs families expressed fear about providing […]
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Gift and Estate Tax Exemption Amounts Increase in 2024
The IRS officially announced the inflation adjustments for 2024 for the gift and estate tax exemptions. The estate and gift tax exemption represents the amount an individual can transfer during life or at death to beneficiaries without paying any estate or gift tax. The generation-skipping transfer tax exemption is the amount that can pass directly or indirectly to grandchildren or […]
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How Much Home Can You Realistically Afford?
If you are like many Americans, your home will be the most expensive thing you own. It will be a key part of your estate as you plan for the long term. So, you need to think strategically from the outset. To start with, if you want to know how much of a mortgage a […]
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