» Succession

The always controversial estate tax is now 100 years old. The debate over it has not changed much in those 100 years. In 1916, as the U.S. began to increase its military capacity in case the country got dragged into World War I, the federal governmen… Read More

A federal court in South Dakota declared that a key Medicaid eligibility question was moot and declined to resolve it. Upon entering a nursing home South Dakota resident Howard Johnson applied for Medicaid to cover the costs of his care. His applicat… Read More

The cost of nursing home care continues to rise. Seniors should plan for continued increases. A new study released by the Lincoln Financial Group reveals that on average the cost of semi-private and private nursing home care in the U.S. increased by… Read More

After the death of Prince speculation began immediately about his estate plans and who would inherit his fortune. What no one expected is that he did not even have a will as asserted in court filings by his sister. If celebrity deaths such as Whitney… Read More

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

People often think that estate planning is only about deciding who gets big ticket items, such as a house, a car and a stock portfolio. However, the little items of personal property can be just as important. A typical will often goes into great deta… Read More

People who inherit IRAs are often confused about the different rules and options concerning those inheritances. There are a few things that they should know. The rules concerning IRAs are different for people who inherit the accounts than they are fo… Read More

The 1983 law that started taxing Social Security benefits on the wealthiest seniors has never been updated. That means that it now taxes far more people than originally intended and if not changed, will tax more and more people in the future. What to… Read More