» Current Affairs

Preventing Long Term Care Policy Lapses

November 19th, 2015
Long term care in a nursing home is extremely expensive. One way to mitigate that expense is to purchase a long term care insurance policy. Unfortunately, many of the people most in need of long term care insurance let their policies lapse before the… Read More
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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
Tags: Lapsed Long-Term Care Policy, Long-Term Care Insurance, Nursing Home Insurance

Leaving an Intellectual Inheritance

November 18th, 2015
Most people who amass wealth do not do it so that their heirs can squander it. However, that is what happens in most cases. One way to help prevent this from happening to your wealth is to leave your family with an intellectual inheritance. In "… Read More
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Categories: Aging Issues, Current Affairs, Elder Abuse, Elder Law, Estate Planning, Family Business, Succession, Trust Funding, Weblogs, Will
Tags: Estate Planning Attorney, Inheritance Protection, Intellectual Inheritance, Leaving a Legacy

What Did the Scaife Trustees Know?

November 17th, 2015
The contentious battle over the trust of the late Richard Mellon Scaife has taken an interesting turn as new court filings make it appear that at least one of the three trustees may have suspected the trust was being mismanaged. Richard Mellon Scaife… Read More
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Categories: Aging Issues, Blended Families, Current Affairs, Elder Abuse, Elder Law, Estate Planning, Small Business, Trust Funding, Weblogs, Will
Tags: Mismanaged Trust, Removing a Trustee, Suing Trustees, Trustee Responsibilities

How Probate Can Get Expensive

November 16th, 2015
There are many reasons to want to avoid probate for your estate. One of them is that probate can get very expensive. One doctor's bill in a case in New Hampshire illustrates just how expensive. The story of Geraldine Webber's estate has bee… Read More
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Categories: Aging Issues, Blended Families, Charitable Giving, Current Affairs, Elder Abuse, Elder Law, Estate Planning, Probate, Succession, Trust Funding, Weblogs, Will
Tags: Estate Litigation, Inheritance, Probate Costs, Probate Court, Will Challenge

One More Scary Halloween Story!

November 13th, 2015
A Halloween riddle for you: What's scarier than ghosts and goblins to Americans 50 and older? Answer: Their finances. That's the upshot of the latest Country Financial Security Index, and two other surveys I've seen lately back it up.… Read More
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Power of Attorney, Succession, Taxes, Trust Funding, Weblogs, Will
Tags: Asset Protection, estate planning, Estate Planning Lawyer, Guardianship, Inheritance, probate, Probate Court, Retirement Planning, Special Needs Trusts, Trusts, Trusts and Estates, Wills

What Do The Uber-Wealthy Do with Their Money?

November 12th, 2015
Art makes up 2.5 percent of the biggest estates and just 0.6 percent of those who had between $10 million and $20 million. A Picasso fetched more than $95 million in 2006. The superrich are different from the very, very rich. For one thing, they own… Read More
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Categories: Aging Issues, Charitable Giving, Current Affairs, Estate Planning, Power of Attorney, Trust Funding, Weblogs, Will
Tags: Asset Protection, estate planning, Estate Planning Lawyer, Estate Tax, Inheritance, Living Trust, probate, Probate Attorney, Probate Court, Tax Planning, Trusts, Trusts and Estates, Wills

Fighting Against Abusive Probate Guardianship

November 11th, 2015
For decades, states have granted courts the power to appoint guardians or conservators for elderly or disabled people unable to tend to their basic needs. Most appointed guardians are family members, but judges can turn to a growing industry of profe… Read More
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Long Term Care, Medicaid, Power of Attorney, Succession, Trust Funding, Weblogs, Will
Tags: Baby Boomers, Disabled, Elder Abuse, Elder Law, Guardianship, long-term care planning

Avoid These Common Estate Planning Mistakes

November 10th, 2015
The most common estate planning mistake may surprise you. "The mistake actually isn't part of the will and trust," said Dan Prebish, head of life services events at Wells Fargo Advisors, based in St. Louis. "It actually has to do… Read More
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Categories: Aging Issues, Current Affairs, Estate Planning, Power of Attorney, Probate, Succession, Trust Funding, Weblogs, Will
Tags: Asset Protection, Beneficiary Designations, estate planning, Estate Planning Lawyer, Estate Tax, Inheritance, probate, Probate Attorney, Trusts and Estates, Wills

It's That Time of Year!

November 6th, 2015
This is the time of year when certain money issues come more into focus, including those related to income-tax planning, charity scams and checking up on the financial health of family members. Tax planning isn't shaping up as anything remarkabl… Read More
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Categories: Charitable Giving, Current Affairs, Estate Planning, Taxes, Trust Funding, Weblogs, Will
Tags: Capital Gains, Charitable Giving, Elder Abuse, Elder Law, Estate Planning Lawyer, Tax Planning

Irrevocable Trusts May be the Answer to Tough Estate Planning Issues

November 5th, 2015
The death of a loved one can create a lot of financial complexity. For families that have set up irrevocable trusts to facilitate the transfer of assets from one generation to another, the tax implications can be even more complicated. However, there… Read More
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Categories: Aging Issues, Current Affairs, Estate Planning, Succession, Trust Funding, Weblogs, Will
Tags: Asset Protection, estate planning, Estate Planning Lawyer, Estate Tax, Gift Tax, Guardianship, Income Tax, Inheritance, Irrevocable Trust, Living Trust, power of attorney, probate, Probate Attorney, Probate Court, Tax Planning, Trusts, Trusts and Estates, Will Changes, Wills
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