As you start to plan for your future, both in terms of financial affairs and health care needs, you may wonder what estate planning and elder law entail and how they differ. Estate planning and elder law also have some similarities. Even though these two types of law are for different stages in life, they […]
Identifying the digital property you own and managing it is more necessary than ever as our lives are intertwined with the Internet of Things (IoT). From smart home devices to online investments and bank accounts, we’ve gone way beyond using the internet to email family and social media to connect with friends. Today, understanding which
Avoiding 4 Main Obstacles to Digital Era Estate Planning Read More »
The Internal Revenue Service considers the transfer of assets from one person or estate to another as a taxable event. These taxes are often referred to as gift taxes and estate taxes. They include any asset such as cash and property. The good news is the IRS has tax exemptions based on the total estate
Understanding Taxes Related to Gifts and Estate Planning Read More »
Most of us aspire to live a long and healthy life. We admire senior citizens for their wisdom. However, their long life often comes with the grief of outliving their spouses, friends, and sometimes their children. If they can’t maintain and make new meaningful connections as they age, they are at risk for crippling loneliness.
Helping Seniors Make Connections to Avoid Loneliness Read More »
Many Americans perceive estate planning as a one-time chore that, once accomplished, can be filed away until their death. However, without being aware of the potential impact, people will make gifts during their lifetime or change listed beneficiaries on accounts which can have enormous unintended consequences on their will or trust. Review your estate plan