Category: Estate Planning

It is with great honor to announce that Hook Law Center Attorney and Shareholder, Letha Sgritta McDowell, has been elected as a Fellow of...

It is important for taxpayers to be informed about required minimum distributions (RMDs) from IRAs so that they can plan accordingly for their...

A living trust is a legal entity that is used to hold title to your assets while you are alive. Upon your death, the assets are then transferred...

During your retirement years, you may expect to receive Social Security payments. A few people may also receive payments from public or private...

The Department of Defense has unveiled a new retirement plan that will go into effect on January 1, 2018. The new “blended” plan will not...

An unfortunate, but common, scenario: You and your spouse get divorced.  You remarry, but die shortly thereafter.  Your loved ones...

There are two ways in which the 3.8 percent net investment income tax (NIIT) can have an impact on your estate plan. It can raise your tax...

One strategy to lower your taxable estate is lifetime giving. However, there is a gift tax rate of 40 percent. If you have exhausted your...

In an interview for Stretcher.com, Attorney Andrew Hook explains the meaning of a revocable living trust by dividing the term into its main...

Many people will inherit the house in which their parents lived. Deciding what steps to take with respect to the house can cause you to confront...

There are people who wish to work when they have reached their 60s, 70s and beyond, but are concerned that their income will adversely affect...

While government policies can adversely affect your retirement, there are steps you can take to minimize the impact that they can have on...

When withdrawing funds from individual retirement accounts, Roth IRAs and other such accounts, retirees may encounter inconveniences, taxes...

Although most people plan to work until they reach their full retirement age of 66, or 67 if you were born after 1942, some workers find themselves...

When people engage in retirement planning, they often fail to think about transportation. They do not consider that a time may come when they...

As companies divert the costs of health insurance to their employees, health savings accounts (HSAs) and health reimbursement accounts (HRAs)...

Although men’s 401(k) balances tend to be larger than women’s, there is evidence to suggest that women may outperform men where retirement...

The reverse mortgage rules that became effective on Aug. 4, 2014 should address any concerns held by married couples who are contemplating...

The new reverse mortgage rules that became effective on Aug. 4, 2014 should allay any fears or concerns held by married couples who are contemplating...

Digital assets represent an aspect of your estate that needs protection as much as the more traditional assets in your estate. In fact, someone...