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If you just had your estate planning attorney draft a trust without changing the deed to your real estate

One of the cool things about 529 plans is that you can change the beneficiary to another qualifying family

If you don’t pay these on time you can be hit with interest charges and penalties. IRAs #CharitableGiving #TrustsandEstates #401k #HoustonEstatePlanning #GiftTax #403b #CapitalGains #Wills

Redstone was in command of his faculties enough to recognize and articulate who he wanted to be in charge Herzer filed the petition in late November after Sumner Redstone removed her as the agent in charge of

Kiplinger’s Retirement Report points out in “Old Trusts Create Tax Issues for Heirs,” estate tax laws have changed Make no estate plans or changes to your current estate planning without the prudent guidance of a qualified

Tax: When you fund an irrevocable trust, know that your tax situation can change immediately.

These two have become a powerful combo for reforming visitation laws, lobbying for change in more than However, it concluded there was insufficient evidence to support criminal charges.

A recent article in Money reminds us that the holidays make for a great opportunity to start a simple, direct conversation. The article, entitled “Draft Brett Favre to Talk About End-of-Life Plans,” says that recent research shows that talking down to seniors actually might contribute to cognitive decline. It’s labeled “elderspeak.” Don’t do it: the elderly aren’t babies. One idea to broach the subject is through football. For example, on Thanksgiving at the Packers-Bears game at Lambeau Field, Favre’s now-retired #4 Packers jersey was officially unveiled. That type of event can generate conversation. Packer fans still recall how Favre’s dad died unexpectedly the day before one of the greatest games of his career. Maybe that can be used as your opener: “Did Irvin Favre have a will? Did Brett or someone else know where it was?” The article says that the answers to those questions must be yes. Brett couldn’t have thrown for 399 yards and four touchdown passes the day after his dad’s death while thinking, ‘Where’s the will?’ Whether or not you’re a Packers fan, you should have information about several important things. Ask your parents if they have a health care power of attorney, a will, a financial power of attorney (or a durable power of attorney), and an advanced health care directive (or a living will). In addition, make sure these important documents are all in one place where you can find them in an emergency. Remember, the objective of “the talk” is to open the subject for discussion, to see whether your loved one has given this adequate thought, to save headaches if you need the documents in a hurry and to enable you to carry out your loved one’s wishes. Reference: Money (November 25, 2015) “Draft Brett Favre to Talk About End-of-Life Plans” #AdvancedHealthCareDirective #FinancialPowerofAttorney #DurablePowerofAttorney #HoustonWills #Inheritance #PowerofAttorney #HoustonEstatePlanningLawyer

health insurance on the federal and state health exchanges, January 15 is the deadline to enroll in or change January 31: This is the deadline to enroll in individual health insurance or change plans on the exchanges Take some time to study this, as plans can change their benefits and drug formularies from year to year

Also note that spending changes (and typically declines) in retirement, which may make it easier to cut

An Estate Plan Is Not “Just” A Last Will And Testament Wills are legally binding documents that deal

#401k #HoustonEstatePlanning #Probate #ProbateCourt #Inheritance #RevocableTrust #PowerofAttorney #Wills