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Estate Planning for Blended Families

There are many different configurations of blended families. However, they are generally made up of married couples who have children from previous marriages or relationships.

Posted on: May 16, 2023

Will Making a Gift Conflict with Medicaid?

People usually make gifts for three reasons—because they enjoy giving gifts, because they want to protect assets, or minimize tax liability. However, gifting in one’s elder years can have expensive and unintended consequences, as reported in the article “IRS standards for gifting differ from Medicaid” from The News-Enterprise. The IRS gift tax becomes expensive, if […]

Posted on: May 15, 2023

Protecting Assets with a Trust vs. Limited Liability Company

To protect assets effectively, you have to store them in the right legal entity. However, that can depend on whether you’re looking to protect business assets, avoid estate taxes, or protect personal assets from legal liability while running a business.

Posted on: May 12, 2023

Protect Cryptocurrency in Your Estate Plan

Cryptocurrency has become a new wrinkle in the development of an estate plan.

Posted on: May 11, 2023

Caring for Your Aging Mom

Mom’s aging. And the faithful caregiver who has been there for you throughout your life may now be starting to show signs of aging like forgetfulness or anxiety over making big decisions. If dad's passed away or unable to help care for mom, sooner than later, whether she wants to admit it or not, she […]

Posted on: May 9, 2023

Revocable Trusts Must Be Funded to Make Estate Plan Work

The primary benefits of revocable trusts only are available if a revocable trust is FUNDED during life. Unfortunately, experienced estate planning attorneys often have clients who delay the funding of their revocable trusts until it is too late and miss many of the benefits that these trusts provide.

Posted on: May 4, 2023

What You Need to Know About Estate Taxes

Knowing the tax rules can help you pass on more of your money to your loved ones while minimizing taxes.

Posted on: May 2, 2023

Protect Your Elderly Parents from Scammers

Thinking on a very practical level, if you were a thief and had to choose a target, it would likely be someone who has wealth and is vulnerable—the picture of an elderly person, especially one who is likely to be isolated and may have cognitive issues. According to the Federal Trade Commission, consumers aged 60 […]

Posted on: May 1, 2023

What’s Going on with Larry King’s Estate?

Larry King’s widow Shawn has dragged her sister Shannon into her $100 million lawsuit accusing her ex-business managers of conspiring with the late TV legend’s son and transferring millions to third parties without her consent, RadarOnline.com has learned.

Posted on: April 27, 2023