Although we frequently think of seniors as living among family members or in a senior community or other shared housing arrangement, the likelihood...
The IRS has published proposed regulations concerning the valuation of family-owned businesses for estate and gift tax purposes that are potentially...
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...
With identity theft and credit card fraud becoming a growing problem, there are things that each of us can do to minimize the risk. Shred...
Many individuals want to stay in their home through old age. Frequently, our clients are concerned that their home is a poor place to age...
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...
About a year ago (May 22, 2015), I wrote a newsletter article highlighting the possibilities of protecting your assets using a relatively...
Frequently, disputes with nursing homes related to resident care arise. When they do, the contracts, policies, and documents of the nursing...
The Medicare donut hole is the coverage gap that is within the majority of Medicare Prescription Drug Plans. There is a short-lived restriction...
One of the most frequent issues I face revolves around the discharge of a resident from a nursing home. Often times, an agent or advocate...
Personal representatives, or executors, of estates need to be aware of the procedure that is used to probate an estate with a will. The executor...
Elderly people who value their independence and are accustomed to living alone are increasingly becoming incapable of doing so. The need for...
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...
There are a few government programs, including Medicare and Medicaid, that can help pay for long-term care services. Each program has certain...
Experts believe that in addition to engaging in regular exercise and eating well, social networking can contribute to the health of seniors....
When making investment decisions, people often consider whether they should use an active or passive strategy. Passive investing attempts...