As you may know, businesses and large companies often try to avoid exposure to the courts, by including in their lengthy agreements with customers an often unread provision that requires a customer to go through arbitration instead of the courts,…
Following the death of a family member, you may find yourself needing to sort through many possessions accumulated over the deceased’s lifetime. An estate sale is one way to distribute those items that you do not want or need quickly…
Parents usually want to leave their children equal shares of their estate, but equal isn’t always fair. If you plan to provide more (or less) for one child in your estate plan, preparation is important. It is natural for parents…
Gifting assets to your grandchildren can do more than help your descendants get a good start in life -- it can also reduce the size of your estate and the tax that will be due upon your death. Perhaps the simplest…
It's an unfortunate reality that with the increasing number of natural disasters across the country, including fires, floods, and hurricanes, the chance that you could lose your house and possessions has become more likely. You may already live in an…
IR 2021-245 (12/8/2021) The IRS has reminded retirees that required minimum distributions from retirement plans and IRAs should be taken by Dec. 31. Required minimum distributions. Generally, required minimum distributions (RMDs) are minimum amounts that must be withdrawn annually from…
Long-term care involves not only a loss of personal autonomy; it also comes at a tremendous financial price. Proper planning can help your family prepare for the financial toll and protect assets for future generations. Long-term care can be very…
From time to time we will help a client plan their affairs in a way to reduce the risk that their assets will all need to be spent on long term care before they become eligible for Medicaid to help…
There are many unknowns when planning an estate, but you can’t let the uncertainties get in the way of creating any kind of plan. Having an imperfect plan is usually better than having no plan at all. When planning an…
Millions of people are affected by dementia, which can be a particularly cruel disease, and unfortunately many of them do not have all their estate planning affairs in order before the symptoms start. If you or a loved one has…