Your estate plan is important, but your legacy planning is an important element of passing down what really matters. Topics covered in this whitepaper include: Legacy PlanningFamily BusinessCharity from the HeartThe Material Things Click here to read the whole article or download the PDF. … [Read more...] about Free Report: The Role of Legacy Planning
4 Reasons to Plan for Medicaid Now
When it comes to Medicaid, those who take action sooner rather than later are most often the ones who transition into the program seamlessly and with much less stress. Medicaid planning was important before the new rule changes; today, though, it’s far more challenging for those who put off planning or who hadn’t anticipated needing the program. For years, we’ve heard about the five year look back period and the spend down rule. Here are four more reasons why you should plan for Medicaid. It all … [Read more...] about 4 Reasons to Plan for Medicaid Now
The New Year and Charitable Remainder Trusts
Many of us are feeling excited for the new year. It always symbolizes renewed hope and new chances to make the world a better place. One way people are achieving this is through the use of charitable remainder trusts. These trusts allow you to make generous donations to charity while also providing impressive tax breaks for your heirs. While it really is that simple, there are a few legalities you’ll need to consider. Your estate planning lawyer can provide guidance so that everyone benefits … [Read more...] about The New Year and Charitable Remainder Trusts
Free Report: Dynasty Trusts in Estate Planning
Dynasty trusts in estate planning have one sole purpose and that’s to benefit future generations. In fact, you can leave assets to your grandchildren, their grandchildren and other future generations. You have total control into how it plays out, such as how much you wish to leave those future generations. These powerful estate planning and financial tools work as a shield against creditors and they’re fine solutions for those worried about estate taxes. Many clients will pair a dynasty trust … [Read more...] about Free Report: Dynasty Trusts in Estate Planning
The Fast Growing Telemedicine Field
As legal advocates for seniors and retirees, we know how cautious some of our clients are when it comes to technology. The rapidly growing mobile health market makes it difficult to ignore or delay since it’s quickly transforming health care delivery as a whole. A new study reveals that more than 80 percent of American doctors regularly incorporate mobile technology to provide patient care. Further, more than 25 percent of commercially insured patients use mobile applications to manage their … [Read more...] about The Fast Growing Telemedicine Field
3 Costly Estate Planning Mistakes
Estate planning isn’t a one time action that you do once you’ve established your career, bought a house and hit your 30th birthday. It’s going to ebb and flow – just like life itself. One overlooked detail can set off a chain reaction, too. Here are 3 estate planning mistakes too many people make and how to avoid making them in your own plans. Estate Planning Evolves…Just Like People Odds are, there’s been a time in life when each day felt like the one before. We tend to get lost in the … [Read more...] about 3 Costly Estate Planning Mistakes
Is Harper Lee a Victim of Elder Abuse?
As millions of us have pre-ordered our copy of Go Set a Watchman, by none other than To Kill A Mockingbird’s author, Harper Lee, there are new concerns about the Pulitzer Prize winning author who gifted us one of the best classics to ever go to print. And it’s as unsettling and heartbreaking as you might think. A Bit of History Before we delve into current charges, let’s consider what’s happened in recent years. In 2007, Lee filed a lawsuit against her former literary agent, Samuel Pinkus. … [Read more...] about Is Harper Lee a Victim of Elder Abuse?
Estate Planning for the Non-Traditional Family
Recently, a new study showed that less than half of American households – 48 percent, to be exact – were married households. Less than half – that’s interesting and also raises a number of other questions. Up until the past two or so decades, family life was quite predictable: opposite gender parents, two and half kids, maybe a dog, a double car garage and ideally, a week during the summer at the beach. It’s safe to say, then, that not only was the Leave it to Beaver family of days past … [Read more...] about Estate Planning for the Non-Traditional Family
Inheritances and Estate Taxes in the Crosshairs
Bloomberg’s recent headline tells the tale for many: The best-laid estate plans just got muddled.If President Obama has his way, there will soon be a significant change in how assets are passed to heirs. It’s problematic for a few reasons. Of course, it will affect billionaires, but it could also affect those who aren’t as well-off from a financial perspective and who may not be able to cover the estate taxes. Remember, though, we now have a Republican Congress, so that offers some protection – … [Read more...] about Inheritances and Estate Taxes in the Crosshairs
Keystone XL Pipeline and the Effects on Seniors
One of the more controversial current events today is the passage of the Keystone XL pipeline. Everyone has their reasons for supporting it or wanting plans shelved permanently. One group of senior advocates, 60 Plus, came out last year in support of the pipeline – and the reasons may surprise you. Keystone XL Pipeline and the Delays “60 Plus urges the Obama administration not to appease the environmental activists and avoid delaying further the approval of the Keystone XL Pipeline. We … [Read more...] about Keystone XL Pipeline and the Effects on Seniors
