Category: Elder Law

Navigating the realm of estate and gift tax often comes with a web of misconceptions that can leave Americans uncertain about their obligations....

A 529 Plan, also referred to as a Qualified Tuition Program, is a tax-advantaged way to save for a loved one’s education expenses. While contributions...

Trusts are valuable estate planning tools that allow individuals to manage their assets and ensure their desired distribution upon death or...

As the population of aging Americans expands, many seniors are experiencing difficulty finding caregivers who are able to provide for them....

The Corporate Transparency Act (CTA) is a piece of legislation aimed at promoting corporate transparency and combating illicit financial activities...

Recipients of Social Security income recently received an 8.7% cost-of-living increase, the highest increase since 1981. While such an increase...

If you are considering engaging in estate planning or you may be inheriting assets, it is important to understand what the step-up in basis...

New Dental Benefits Available             Starting on July 1, 2021, adults over age...

Transfer on Death Deeds (commonly referred to as a TOD deed) have been a popular estate planning tool in Virginia for years. TOD deeds, like...

Many of our clients choose to use Revocable Living Trusts as part of their estate plan.  There are many benefits of using a Trust, one of...

A recent study published by the MDPI Journal of Geriatrics analyzed naturalistic driving data to predict mild cognitive impairment and dementia...

As of the November 23rd letter from the Administrator of the U.S. General Services Administration to President-Elect Joe Biden allowing the...

Dear Client: I am writing to you as we reach the end of this extraordinary and difficult year. Although the year is nearing an end, the events...

As the coronavirus pandemic continues to linger, many of us are nevertheless facing a return to work as our children return to school this...

As an elder law attorney, I often meet with clients who do not fully understand the importance of long-term care planning. Even more frequently,...

Hook Law Center Attorney and Shareholder Shannon Laymon-Pecoraro, who has family ties to Pennsylvania, will spearhead the effort to introduce...

Criminally-minded individuals will choose to take advantage of almost any situation if they perceive a possible benefit to them.  Unfortunately,...

On May 6, 2020 the IRS issued new guidance as it pertains to the receipt of Economic Impact Payment (EIP) checks. Specifically, the IRS has...

Today, Friday March 20, 2020, Treasury Secretary, Steven Mnuchin, announced that the Internal Revenue Service has extended the tax filing...