by Randy Coleman | Jun 2, 2016 | Estate Planning, estate tax, Estate Taxes, Income Taxes, Revocable Living Trusts, Uncategorized, Wills & Trusts Law |
A once-popular, and almost universally used, estate planning tool for those with estates subject to the estate tax, may now cost families more in taxes, income and estate, than it saves. Changes in the estate tax law have made the “by-pass trust” a less...
by Randy Coleman | May 22, 2016 | Beneficiary Designations, Estate Planning, Guardianship, Individual Retirement Accounts, Irrevocable Trusts, Life Estates, No Will, Probate, Retirement Accounts, Revocable Living Trusts, Uncategorized, Wills & Trusts Law, Wills and Probate |
What Are Beneficiary Designations or Transfer on Death Designations? Many people use beneficiary designations as an alternative to doing proper estate planning. Why not? It’s quick and easy! It avoids probate! It allows you to rest easy that you have provided...
by Randy Coleman | May 13, 2016 | Elder Care, Elder Law, Long Term Care, Medicaid Planning, Nursing Homes, Uncategorized |
The cost of long term care continues to rise, even if slightly for 2016 compared to 2015. The median cost of a private nursing home room in the United States has increased slightly to $92,378 a year, up 1.24 percent from 2015, according to Genworth’s 2016 Cost...
by Randy Coleman | May 3, 2016 | Advance Directives in Florida, Designation of Health Care Surrogate, Durable Power of Attorney, Elder Care, Elder Law, Estate Planning, Health Care Power of Attorney, Living Will, Long Term Care, Medicaid Planning, Nursing Homes, Special Needs Trusts, Trusts, VA Aid and Attendance, VA Benefits, Veterans Pension Benefits |
What is National Elder Law Month? May is National Elder Law Month. This designation was established by the National Academy of Elder Law Attorneys (NAELA) as a way to acknowledge the profession that supports the senior community with all of their planning needs....
by Randy Coleman | Apr 29, 2016 | Estate Litigation, Estate Planning, Estate Taxes, Intestacy, No Will, Probate, Probate Law, Probate Litigation, Will Contests, Wills & Trusts Law, Wills and Probate |
The famed recording artist Prince died leaving an unknown fortune and possibly no will or estate plan to dictate what to do with that fortune. Prince’s sister, Tyka Nelson, told the probate court in the Minnesota county where Prince lived that her brother did...
