My house is in my mother-in-law’s name, and it is paid off. We pay all of the bills. She wants to take her name off and put it into my name and my husband’s name.
As we age, our health risks increase. After all, none of us is going to live forever.
My sister passed away. Her only possession was her home, which still has a mortgage and she left it to my son and daughter, her niece and nephew. What inheritance tax will there be?
You may be someone who looks forward to the day you retire, or you could be someone who plans on working for as long as possible. No matter which category you fall into, you should do some retirement planning in preparation for this major milestone.
Both of my parents entered a facility on Medicaid in January 2020. My dad passed two months later. Their home was sold in December 2020. My mom has been in rehab since a fall. When would the estate recovery begin? It’s confusing.
If a person close to you has been diagnosed with Alzheimer’s disease, it may be time to address some serious financial questions.
Buying a home is one of the most common triggers for creating an estate plan.
To be tax efficient, which types of assets should you live off of in retirement, and which should you plan on passing down? There’s a bit of art to the equation, and how you plan can make a big difference to your beneficiaries.
A proper estate plan will help those left navigate the disposition of assets and the probate court system, especially for unmarried couples and some married same-sex couples.
People tend to think of ‘529’ education-savings plans as an excellent way to save and invest tax-free for college or schooling costs, and they are.
Each month we send an electronic newsletter to friends and clients covering issues of estate planning, asset protection, and elder law.
