For many parents it seems obvious that because their children have different life circumstances it is fair to treat them differently in their estate plans. The children often have different ideas than the parents about what is fair and that can lead…
Read More
Read More
Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Family Business, Small Business, Special Needs, Succession, Trust Funding, Weblogs, Will
Throughout your life, you have most likely accumulated many different types of assets. When planning your estate, it is useful to know which of those assets you should leave to your family members. Estate planning is not just about deciding how much…
Read More
Read More
Categories: Aging Issues, Blended Families, Books, Charitable Giving, Current Affairs, Estate Planning, Family Business, Probate, Small Business, Succession, Taxes, Trust Funding, Weblogs, Will
Many state legislators share the common concern that if they increase taxes on their wealthiest residents, those residents will move to lower tax jurisdictions. However, data suggests that there is little basis for that concern. No one likes paying t…
Read More
Read More
Some business owners prefer to retain control over their businesses until they pass away. Others would rather retire and let younger family members assume ownership. There are a couple of different options to do that. Business succession planning is…
Read More
Read More
Business ownership complicates estate planning, but it does not make it impossible. The more assets you have and the more complex those assets are the more complicated it is to make an effective estate plan. This is especially true if one of your ass…
Read More
Read More
Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Family Business, Small Business, Succession, Taxes, Trust Funding, Weblogs, Will
Most family owned businesses fail after the founder passes away. Good planning can prevent yours from being one of them. Sometimes family business operators are aware that after they pass away their businesses will not remain under family control or…
Read More
Read More
Categories: Aging Issues, Blended Families, Current Affairs, Estate Planning, Family Business, Power of Attorney, Probate, Small Business, Succession, Trust Funding, Weblogs, Will
The Congressional Budget Office estimates that a bill to fix the backlog in Medicare appeals could cost $1.7 billion. The Audit & Appeals Fairness, Integrity, and Reforms in Medicare Act is a bipartisan effort in the Senate to help with the curre…
Read More
Read More
Tags: appeals, bill, budget, congressional, coverage, denial, doctors, Elder Law, health and human services, judge, law suit, Medicare, Medicare Appeals, payments, process, senate
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
Read More
In February of 1959, rock and roll musicians Buddy Holly, Ritchie Valens and J.P. "The Big Bopper" Richardson were killed when a plane Holly chartered at the last minute crashed near Clear Lake, Iowa. The event later became known as "t…
Read More
Read More
Categories: Current Affairs, Estate Planning, Family Business, Power of Attorney, Probate, Small Business, Succession, Taxes, Trust Funding, Weblogs, Will
Tags: Asset Protection, Business Succession Planning, estate planning, Estate Planning Lawyer, Estate Tax, Farm Operations, Inheritance, probate, Probate Attorney, Probate Court, Tax Planning, Trusts and Estates, Wills
Family business contributes to over 70 percent of global productions, but owners of them don't update their estate planning. It's estimated that over 50 percent of family business owners didn't update their estate planning documents fo…
Read More
Read More
Tags: Asset Protection, estate planning, Estate Planning Lawyer, Estate Tax, family business, Gift Tax, Inheritance, Planning for the Future, Probate Attorney, Selling a Business, Tax Planning, Trusts and Estates, Wills