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Posts Categorized: Current Affairs

Update # 2 on Queens v. Koga

Take some time RIGHT NOW to think about who will be making decisions for you at the end of your life, and how you can best have your wishes carried out.

May 16, 2013 Current Affairs, Elder Care, Estate Litigation, Estate Planning

Asset Preservation Planning Pitfalls

A recent case demonstrates the pitfalls of poorly done asset preservation planning. Sadly, this is typical of most mass-marketed means of “bulletproofing” your assets.

April 5, 2013 Asset Preservation, Current Affairs, Estate Planning

Is it wrong to plan for Medicaid qualification?

As long as you follow the rules, it’s OK to plan to qualify for a benefit funded by your tax dollars.

March 25, 2013 Asset Preservation, Current Affairs, Elder Care, Estate Planning, Health, Long-Term Care, Medicaid Planning

Don’t Delay Discussing Your End-Of-Life Wishes

The troubling scene at Glenwood Gardens nursing home did not have to happen.

March 15, 2013 Current Affairs, Estate Planning, Health

Lifelong Careers – When Do You Retire?

Pope Benedict, 85, is reportedly the first pope to retire in almost 600 years, which made his decision all the more momentous. He cited health issues for his decision, but for the growing number of retirement-aged professionals who are still hale and hearty, the decision gets more complicated.

February 22, 2013 Business Planning, Current Affairs, Estate Planning, Religion

Adventures in Do-It-Yourself Estate Planning

Except in an absolute emergency, you would not perform surgery on yourself, right? Estate planning is not as complicated or life-threatening, but missing a little detail in your estate plan can have huge consequences. Some thoughts about do-it-yourself estate planning.

February 14, 2013 Current Affairs, Estate Planning

Tax Breaks Available for Supporting Elderly Parents

You might be able to claim your parent as a dependent, take a dependency care tax credit, write off your mom or dad’s medical expenses, or get some combination of these tax breaks.

February 8, 2013 Current Affairs, Elder Care, Estate Planning

WHERE NOT TO DIE IN 2013

State estate and inheritance taxes have been in constant flux over the last decade. And it’s not just the list of states that has been changing, but in some states, the level at which the tax kicks in has been changing (both up and down). So it’s important to stay on top of this to avoid a surprise tax bill.

February 1, 2013 Asset Preservation, Current Affairs, Estate Planning, Estate Taxes, Trusts & Estates

Fiscal Cliff Deal’s Effect on Long-Term Care

At first glance, the budget agreement includes an important trade-off — the creation of a national long term care commission . . .yet, there are elements in the measure creating this panel that are very troublesome.

January 11, 2013 Current Affairs, Elder Care, Estate Planning, Long-Term Care

The American Taxpayer Relief Act of 2012

  So here's the deal.  

January 8, 2013 Current Affairs, Estate Taxes


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