Category Elder Law
Everyone knows that they should have a will. This is correct, but incomplete. What everyone truly needs is a proper estate plan to cover three scenarios adults commonly encounter: 1) you become unable to care for your finance, 2) you become unable to make medical decisions, and 3) you die. Although there are many ways
On January 1, 2013, the U.S. Congress passed the American Taxpayer Relief Act (“ATRA”). The ATRA provides at least one potential strategy to avoid the income taxes normally associated with Required Minimum Distributions (“RMD”). What is a Required Minimum Distribution or RMD? The year after a person reaches the age of 70 1/2, the individual
Today, more than any other generation, people find that they have to care for their aging parents or siblings. In some cases, the aging or disabled adults require assistance and help with taking care of medical, personal or financial decisions. As long as the individual is competent, he or she may determine the person or
Answers to Frequently Asked Questions About Living Wills