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Elderly Children Taking Care of Elderly Parents
January 28th, 2016
One of the consequences of increased life spans is that when people reach retirement age they might still have elderly parents that need to be cared for. Taking care of an elderly parent can be difficult. As people age they need more and more attenti…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Long Term Care, Power of Attorney, Succession, Trust Funding, Weblogs, Will
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ABLE Act Basics
January 27th, 2016
Families with children with special needs often have to make extraordinary efforts in their estate plans to make sure that the children are still cared for after the parents pass away. The ABLE Act makes that less necessary. Everyone who has a child…
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Categories: Aging Issues, Current Affairs, Estate Planning, Long Term Care, Special Needs, Succession, Trust Funding, Weblogs, Will
Estate Planning Versus a Divorce Decree
January 26th, 2016
Sometimes when people are upset about specific terms of their divorce they will attempt to use estate planning to possibly get around those terms. That is usually not a good idea. When you think of all the possible things that could be ordered in a d…
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Living Trust Tips
January 25th, 2016
People looking to avoid probate are often advised to create living trusts. The trusts can be excellent instruments and it is important to know what assets to put into them and what assets to leave out. Probate avoidance is an important goal in many e…
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Categories: Aging Issues, Current Affairs, Estate Planning, Power of Attorney, Probate, Succession, Taxes, Trust Funding, Weblogs
With Loopholes Closed What to Do About Social Security Now
January 22nd, 2016
In a surprise move Congress closed popular Social Security loopholes for married couples, but that does not mean that all Social Security strategies are gone. The United States Congress takes a lot of heat for not doing very much. However, sometimes…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Long Term Care, Medicaid, Succession, Trust Funding, Weblogs, Will
States Continue to Ease up on Estate Taxes
January 21st, 2016
State governments are rightfully concerned that wealthy elderly citizens will move to other states that have more favorable estate tax laws. In a clear trend this is causing more and more states to do away with or decrease their estate taxes. State g…
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Trump Under Fire Over Actions Surrounding Father's Estate
January 20th, 2016
It is impossible to read a newspaper or watch the news on TV without hearing some mention of Donald Trump's campaign for president. The latest headlines illustrate how family feuds over estates can have unintended consequences. Donald Trump is w…
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These Pets Are Probably Richer than You
January 19th, 2016
Leaving money in your estate for the care of a beloved pet is often a good idea. However, there are some people who have taken it to an extreme. In recent years including pets in estate plans has become more and more popular. People want to know that…
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Categories: Aging Issues, Charitable Giving, Current Affairs, Estate Planning, Long Term Care, Succession, Trust Funding, Weblogs, Will
Elderly Poverty Could Rise
January 18th, 2016
A steep decline in the number of elderly people living in poverty is one of the greatest social policy success stories of the 20th Century. If current trends do not change, the success might be fleeting. The early decades of the 20th Century saw grea…
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Categories: Aging Issues, Current Affairs, Elder Abuse, Elder Law, Estate Planning, Long Term Care, Medicaid, Power of Attorney, Succession, Trust Funding, Weblogs, Will
Guardianship Laws and Elder Abuse
January 15th, 2016
Guardianship laws are meant to protect people who cannot take care of themselves. However, many people think that the laws do not do enough to protect elderly people from abuse. The process for what happens when an elderly person can no longer handle…
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Categories: Aging Issues, Current Affairs, Elder Abuse, Elder Law, Estate Planning, Long Term Care, Power of Attorney, Succession, Trust Funding, Weblogs, Will
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