Why do you need an elder law attorney sooner than later

Whether you have an older adult loved one in your life or you have concerns about the health and financial welfare of the future, an elder law attorney can optimize your planning. Elder law is a highly specialized area of law focusing on the legal needs of older adults encompassing more significant issues like long-term health care …

The sandwich generation is growing, here is how to plan

Anyone experiencing the struggle of simultaneously caring for children and aging parents is part of the sandwich generation. Although generation is part of the phrase, it does not refer to people born at a specific time. Typically, these “sandwich” family caregivers will be in the thirty to forty-year-old age range and balancing duties to provide for their families and provide care duties …

Tax law changes that can impact your estate planning

Some of the more commonwealth transfer strategies for estates may have significant impacts due to tax law change proposals on the precipice of being enacted into law. While it is too early to know what will become law, the House Ways & Means Committee tax plan draft indicates that change is coming soon. While new details emerge and changes are made to the proposals over …

The Rich and Famous Can Make Estate-Planning Mistakes, Just Like Regular Folks

All the money and fame in the world sometimes doesn’t mean that stars and celebrities get the best estate-planning advice. You know better, right? You know to make a will. Musician Prince never did, and because of that, even a prison inmate popped up to claim he deserved a share of Prince’s estate, worth hundreds …

VA benefits and long-term care planning

Are military veterans permitted to use their Department of Veterans Affairs benefits to help cover the cost of long-term care? The answer is, as with most governmental things, complicated. A much-underused pension benefit known as Aid and Attendance can provide some money to cover costs for assistance performing everyday tasks. Aid and Attendance benefits may even be …

Addressing cryptocurrency in your estate plan

Traditional estate planning elements are mostly obsolete when it comes to digital assets. Crypto-assets may comprise significant individual wealth in the forms of cryptocurrencies like Bitcoin and noncurrency blockchain tokens. If you own any of these asset classes, addressing complex challenges to secure, transfer, protect and ultimately gift crypto-asset wealth is crucial to your estate …

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