Regardless of fault, even if you feel you were not hurt, you should not automatically refuse medical treatment at the scene. Research indicates that even minor accidents can leave a person injured. Days later, real pain can set in and … Continued
If you are thinking of transferring assets to your children, grandchildren and distant descendants, you may want to consider using a grantor retained annuity trust (GRAT) or an intentionally defective grantor trust (IDGT). Both estate planning tools can be used to freeze the value … Continued
There was a time when nursing homes seemed like the foregone conclusion for many elder family members. But as baby boomers are aging, they remember seeing their own parents in those facilities and are making different decisions for aging with … Continued
This is the moment you have been waiting for. All the paperwork is complete, you have the keys, and you are finally in your new home. Or maybe you’ve been saving your pennies, and you’re excited about fixing up your … Continued
Elderly drivers can be affected by poor eyesight, chronic disease and medication that might impair driving. States won’t revoke a driver’s license based simply on a driver’s age. However, some states put restrictions on license renewals for elderly drivers. Many … Continued
Achieving a Better Life Experience Act, ABLE, accounts help people with disabilities and their families save and pay for disability-related expenses. They allow states to create tax-advantaged savings programs for eligible people with disabilities, and distributions are tax free if … Continued
A Medicaid asset protection trust (Irrevocable Trust) allows a person to qualify for long-term care benefits from Medicaid while protecting assets.
Author: Attorney Stephen L. Mangan, Principal. During the process of setting up a Last Will and Testament, questions arise about how to handle bank accounts. People become concerned and ask, “What will happen if I’m unable to handle my affairs … Continued
Everyone knows the quote from “Gone with the Wind” in which Scarlett points out that land is the only thing that matters. Many investors still feel that way and make real estate an important and long-term part of their portfolio. … Continued
Settling the affairs of a deceased family member is not a one-person task. Here is a checklist to help you.