Category: Hook Law News

If you are a child with aging parents, you may be watching them closely and wondering if some of their actions are signs of normal aging or...

Many people who seek advice regarding a plan for a loved one with a disability believe that it centers around a trust. Unfortunately, a proper...

We at Hook Law Center aim to emphasize of the importance of planning for your future. Time can bring about a plethora of uncertainties; these...

When examining whether you are ready to retire, the question on your mind should inevitably be, “can I sustain my expected standard of living...

Elder law and estate planning serve two different – but equally vital – functions. The main difference is that elder law is focused...

Elder law and estate planning serve two different – but equally vital – functions. The main difference is that elder law is focused...

Ready or not, tax season is here…and the IRS says it isn’t ready. The IRS will begin processing 2021 federal individual income tax returns...

In a recent announcement from IRS, Commissioner Chuck Rettig stated that the pandemic continues to create challenges for the agency. Pandemic...

With the new year comes some changes to tax rules. First, the annual gift tax exclusion – the amount you can gift to any one person without...

The COVID-19 pandemic has undoubtedly impacted the entire world in a multitude of ways. One of the major impacts I have seen with my clients...

Marjorie Jones trusted the man who called to tell her she’d won a sweepstakes prize, saying she could collect the winnings once she paid the...

It’s an unfortunate reality that with the increasing number of natural disasters across the country, including fires, floods, and hurricanes,...

During the holiday season, it’s common for adult family members to notice that their older adult loved ones may need care and assistance....

In early November, Hook Law Center hosted a webinar on year-end tax planning for individuals and estates. During the webinar, we discussed...

The Social Security Administration has increased the cost of living adjustment to 5.9% for 2022 payments, which is one of the highest COLA...

The holidays present an opportunity for loved ones near and far to gather together for celebration and reminiscing. However, it is important...

The most recent Consumer Price Index inflation report showed that prices rose by quite a bit in October. Overall, prices climbed 6.2% year-over-year,...

Guardianship is the legal process to determine if a person is “incapacitated.” The court decides if, due to a physical or mental condition,...

Under Virginia law, a person under a disability includes persons confined due to a felony conviction, persons under the age of 18, and incapacitated...

The tax gap, as defined by the IRS, is the difference between the amount of tax owed by taxpayers for a given year and the amount that is...