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470 items found for "financial planning"

  • Taking Care of Your Furry Friends When You Die

    Pet trusts and estate plans can be created to help your pets—along with some other legal options. A little planning can go a long way to give pet owners peace of mind. Talk to an estate planning attorney about pet trusts and estate planning.

  • Jayhawk State Has Special Estate Recovery Rules

    Medicaid officials as “exempt” property—to include one vehicle, limited life insurance, a home, a funeral plan Talk to a qualified elder law attorney who is familiar with how to plan for the possibility of estate

  • Sacramento County Cracking Down on Elder Abuse

    According to a recent article in the Sacramento Bee, titled “Reports of elder financial abuse surge in Sacramento County,” elder financial abuse reports jumped by 72% last year in Sacramento County, California the county couldn’t handle an increase in financial abuse claims. A Met Life report called financial scams against the elderly “the crime of the 21st century.” Financial abuse is the most common type of report received by Adult Protective Services.

  • Former Vanity Fair Contributing Editor Makes Headlines with Estate Dispute

    The 63-year-old Wolff, who is married, is also the father of a baby with a much younger TV personality. He now is also a defendant in the new Manhattan civil suit with his estranged spouse, attorney Alison Anthoine. Wolff was under the impression that he’d settled a suit with his 93-year-old mother-in-law and his wife’s three siblings in 2011 over family real estate, as reported in The New York Post article, “Ex-Vanity Fair editor tangled in $6M legal battle with in-laws.” The settlement allows matriarch Edith Anthoine to live in the one-bedroom apartment until she dies, with access for Alison permitted two times a year. The settlement was reached after a judge found there was evidence supporting Edith’s claims that she’d swapped a four-bedroom on Lexington Avenue and 77th Street with Michael and Alison in exchange for her one-bedroom apartment. Edith claims the two later attempted to evict her, which resulted in her suffering a heart attack. Nina, Robert, Nelson and mother Edith Anthoine are suing Wolff and Alison. They claim the two stole artwork from her home, took a box of antique jewelry and refused to share proceeds from the sale of a $1.85 million Manhattan apartment. Alison, who lives apart from Wolff, visited her mother’s home in June 2015 to photograph artwork. This escalated to violence with Alison grabbing her sister’s arm and hitting her mother’s hand, according to court papers. The lawsuit says the two “have stolen millions to support their lavish lifestyles.” The papers petition the court to disbar Alison—in addition to the $6 million in damages. The family has been fighting over the multimillion dollar estate of Alison’s father, the late Columbia Law School Professor Robert Anthoine. The thrice-married attorney passed away in 2015 at 94. A will contest is still pending in Florida. “These defendants have been the ultimate recipients of their parents’ bounty, in every way, and they represent an unchecked greed that has swept the society,” the New York suit says. Wolff said he didn’t know about the lawsuit. Reference: New York Post (September 12, 2016) “Ex-Vanity Fair editor tangled in $6M legal battle with in-laws” #CelebrityEstates #estateplanning #WillContest

  • Don’t Use Your Will for Business Succession

    That tax might have been substantially reduced or eliminated with good estate planning by parents who Parents, speak with a qualified estate planning attorney to assist with wise succession planning.

  • WORKING WITH A TEXAS LAWYER TO FUND A SPECIAL NEEDS TRUST

    enlisting the help of a special needs lawyer in Texas do so because they recognize the importance of planning The caregiver may know that a special needs trust is a good tool for estate planning but worry about Savings, retirement plans, and other types of funds can also be left to the special needs trust for these This would likely not be the case if the parent simply planned to leave assets behind in a will. Everything from housing to medical equipment to transportation will need to be considered and planned

  • Help Your Kids to Understand Your Estate Planning Strategy

    In these situations, ask your estate planning attorney to create a trust to hold your assets after your This plan can work well if you believe that the trust beneficiaries will become better at handling money

  • Secure Intellectual Property Rights for Your Estate

    The Sabetha (KS) Herald’s article, “Estate planning for intellectual property,” suggests that, initially In addition, the valuation of intellectual property is a challenge for estate planning. Proper estate planning is critical to make certain that the decedent’s wishes are carried out. Estate planning for intangible assets like intellectual property has many complicated considerations. Make sure to speak with a qualified estate planning attorney to help ensure the ultimate distribution

  • How to Go About Retiring These Days

    If you have planned for the inevitable downturns, you should have enough in cash and cash-like investments

  • Where Do You Think This Millionaire Wanted His Money To Go?

    is a poignant reminder that there are laws dictating what will happen if you fail to make an estate plan It is a stark look at the current intestacy system, and a reminder that without an estate plan in place After someone has died without an estate plan in place we can’t guess what they would have done in an alternate universe where they executed an estate plan. If you are ready to make sure your estate planning wishes are respected, we are here to help.

  • Be Smart When You Say “I Do” the Second or Third Time

    without saying that when you land at the altar for the second or third time, you need to do some more planning Before the ceremony, have an open and honest conversation about money, children, estate planning, and If you’re married, the law says that you’re financially responsible for your spouse’s care. If you don’t have an estate plan, most states will assume that you want everything to go to your spouse attorney and create a sound estate plan.

  • A Hard Look at IRAs as Beneficiaries

    The financial institution that’s acting as custodian of the inherited IRA must also receive a copy of Although using a trust as an IRA beneficiary makes estate planning a bit more complicated, it gives you

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