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Taxes on Social Security Benefits

April 8th, 2016

Many people are surprised to learn that their Social Security retirement benefits might be subject to federal income taxes. Many Americans are surprised to learn that they can be taxed on their Social Security retirement benefits as explained in My S… Read More

Tags: Elder Law, , Tax

Same-Sex Couples May Still Have Special Estate Planning Needs

April 7th, 2016

Despite the Supreme Court's decision to legalize same-sex marriage in the U.S., many older same-sex couples still face challenges and need special estate planning. The decision by the Supreme Court to legalize same-sex marriage throughout the U.… Read More

Tags: estate planning, law, marriage, power of attorney, same-sex marriage, trust, weddings, will

Social Security Is Not as Doomed as You Might Think

April 6th, 2016

If you listen to some politicians and alarmist headlines, then you might reach the conclusion that the Social Security system is doomed to fail at any time. The reality is that while the system needs adjustments the situation is not completely broken… Read More

Tags: Elder Law,

Women Live Longer than Men but Not Healthier

April 4th, 2016

A new study reveals that women can still expect to live longer than men on average. However, women suffer from more disabilities in those extra years. For some time, estate planning for older married couples has been based in part on the assumption t… Read More

Tags: Elder Law, estate planning

Splitting a Farm to Keep It in the Family

April 1st, 2016

Farmers who have more than one child have an estate planning dilemma. The most valuable property that they have is almost always the land and the farm equipment. If all of the children are not interested in farming, it can be difficult to give them a… Read More

Tags: estate planning, Farms, succession

How to Apply for Social Security

March 31st, 2016

When to apply for Social Security benefits is an important decision that requires careful consideration, but it is also important to know how to apply. It is very easy to find advice about when you should apply for Social Security benefits. Informati… Read More

Tags: aging issues, apply, Elder Law, , timing

Postnuptial Agreements for Estate Planning

March 29th, 2016

Americans are familiar with prenuptial agreements that detail how a couple's property will be divided in the event of a divorce or death. In most states spouses can reach similar agreements after they get married. The Wall Street Journal reports… Read More

Tags: estate planning, Postnuptial Agreement, probate, , succession, trust, will

Gaddafi's Estate in Limbo

March 23rd, 2016

Muammar Gaddafi's son might have stolen money from the Libyan government and stashed it in a foreign bank. The new Libyan government would like it back, but questions over the legitimacy of the new government make that difficult. Muammar Gaddafi… Read More

Tags: Estate, International Law

When You Must Withdraw From an Inherited IRA

March 18th, 2016

Many people are under a false impression that they do not need to make withdrawals from an IRA they have inherited until they would have to take withdrawals from an IRA they initiated. To avoid penalties it is important to understand the rules. If yo… Read More

Tags: Inheritance, Inherited IRA, withdraw

Be Wary of Living Trust Scams

March 15th, 2016

Many seniors in the U.S. fall victim to living trust scammers who scare and intimidate their victims into purchasing worthless, unnecessary trusts. Seniors need to know what to look out for to avoid being victims. Going through probate can be burdens… Read More

Tags: Elder Abuse, Elder Law, Estate Tax, Living Trusts, probate, scams, taxes, trust, trust funding

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