Jayhawk State Has Special Estate Recovery Rules
Prior to receiving any benefits from Medicaid, individuals must “spend down” their cash assets to below $2,000. Some property is termed...
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Kimberly Hegwood
May 27, 20162 min read
Come on, Seniors, Blaze a Trail!
May is here, and in addition to celebrating the arrival of spring, this month has been designated as Older American’s Month and National...
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Kimberly Hegwood
May 16, 20162 min read
How to Go About Retiring These Days
Don’t Panic! An important lesson of the devastating 2007-09 downturn is that even in the worst of times, recoveries can occur in a...
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Kimberly Hegwood
May 12, 20162 min read
Dying Without a Will and What Happens to Your Stuff
Every state has intestacy laws that govern whom among a deceased’s relatives will receive the property and assets when there’s no will or...
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Kimberly Hegwood
May 11, 20162 min read
Baby Boomer Estate Planning Lessons for Wills, Funerals and Health Care Expenses
Wills. The long-term consequences of not having a will are huge. Your assets will go to probate, which can leave your family with huge...
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Kimberly Hegwood
May 9, 20161 min read
Ten Mistakes Not to Make with an Inherited IRA
One-third of U.S. households own at least one type of IRA, so chances are that you might inherit one in the future. If that happens,...
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Kimberly Hegwood
May 4, 20162 min read
Daughters of Two Late Celebrities Push for Elder Law Legislation
When Catherine Falk asked to see her ailing father, her stepmother slammed the door in her face, and when Kerri Kasem wanted to take her...
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Kimberly Hegwood
Apr 28, 20162 min read
Planning your Financial Future after a Second “I Do”
But wlbz2.com’s article, “Getting remarried? Get a financial plan first,” says that many folks do little planning, and that ends up...
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Kimberly Hegwood
Apr 27, 20162 min read
Practicing Your Estate Plan Makes Perfect
According to the Southeast Missourian’s article “Get it together: Organizing your estate now will ease the burden on loved ones later,”...
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Kimberly Hegwood
Apr 26, 20162 min read
Young Hispanics Need to Start Saving for Retirement
CNN Money’s article, “The retirement crisis facing Hispanics,” reports that part of the reason for this is that many Hispanics—especially...
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Kimberly Hegwood
Apr 22, 20162 min read
Arizona Steps Up to Fight Elder Abuse
More than 4,000 cases involved financial exploitation, and there were 3,661 reports involving vulnerable adults being physically abused....
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Kimberly Hegwood
Apr 18, 20162 min read
Estate Planning Needs to Happen After a Divorce
What should you change? Forbes says, in two words, almost everything. In “5 Things You Need To Do After Getting A Divorce,” Forbes says...
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Kimberly Hegwood
Apr 14, 20162 min read
Trust a Trust Attorney with Your Trust
Tax: When you fund an irrevocable trust, know that your tax situation can change immediately. Based upon your state of origin, you may be...
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Kimberly Hegwood
Apr 13, 20162 min read
Florida Leads with Elder Abuse Guardianship Legislation
According to the Palm Beach (FL) Post article “Florida guardianship reform passes; seniors protest at courthouse,” the Legislature’s...
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Kimberly Hegwood
Apr 12, 20162 min read
Answer These Legacy Questions
An updated will. A properly drafted will can play a crucial part in minimizing your estate’s exposure to taxes. If you should die without...
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Kimberly Hegwood
Mar 30, 20162 min read
Who Gets My Stuff if I Die Without a Will?
Legally, these items are referred to as “tangible personal property,” but it could be dad’s stuff. What happens to this stuff after...
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Kimberly Hegwood
Mar 14, 20162 min read
News of Millionaire Maiden’s Estate Shows Need for Estate Planning
The County Treasurer Kurt Prenzler said he was ordered by the probate court to pay the heirs in Mary Petroff’s $1.36 million estate. Four...
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Kimberly Hegwood
Mar 8, 20162 min read
Saving Money with Online Wills and Trusts can Result in More Expenses in Probate
The Indiana Lawyer recently published “Do-it-yourself dangers” that explains how do-it-yourself estate planning oftentimes creates more...
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Kimberly Hegwood
Mar 1, 20162 min read
Ways for Grandparents to Fund Their Grandkid’s College
Some of the benefits of a 529 savings plan are that you can use the annual exclusion gift, now set at $14,000 per year per person. If you...
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Kimberly Hegwood
Feb 12, 20164 min read
Circle that Day on the Calendar!
Print this and post it in a good spot, or add these dates to your online calendar with reminders. January 1 (or thereabouts): This is a...
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