You may have heard about a friend needing to “spend down” their money to qualify for a long-term care facility. “Spending down” is a technical term attorneys use to describe how to qualify for Medicaid benefits. This blog will help explain what “spend down” means and why it may be an option you want to …
How to Spend Down to Get the Most Medicaid Coverage Read More »
The step-up in basis reduces the capital gains tax on inherited assets. It is an effective way to preserve an inheritance and save money.
Since 2008, Britney Spears has been under a conservatorship managed mostly by her father. Thanks to the “Free Britney Spears” campaign started by her fans everyone knows about her case. But most people do not know what a conservatorship is and what it does. To give you a better understanding, we are going to discuss the Britney Spears conservatorship. Let’s begin.
Whatever it is, it sounds scary, doesn’t it? Learn more about it so you can avoid it if need be. But if you must have one, appoint someone now who will serve that role.
Prior to 2018, you may have been able to deduct legal fees associated with estate planning. However, that all changed with the Tax Cuts and Jobs Act passed that year by Congress.
Turning eighteen is a special time in life. High school graduation, new job, and possibly college. While your son or daughter may still seem like a “child” to you, turning eighteen brings about many legal changes for your newly-minted adult. But, there are some things that parents of 18 year olds must know. Parents of …
As you begin to plan your estate, ask yourself these questions. They will help you to start seeing the big picture and also narrowing in on your wishes, desires and the expectations others may have of you.
Our generation has entered a new age of “digital assets.” We use our computers, websites and software quite often. And with such use comes the need for a “plan” for them after your death.
