20 05, 2022

What to Do If You Want to Leave Your Children Unequal Inheritances

2022-05-21T11:07:11-04:00May 20th, 2022|

Parents usually want to leave their children equal shares of their estate, but equal isn’t always fair. If you plan to provide more (or less) for one child in your estate plan, preparation is important. It is natural for parents [...]

16 05, 2022

Using an Intentionally Defective Grantor Trust to Transfer Assets

2022-05-15T06:14:11-04:00May 16th, 2022|

An intentionally defective grantor trust (IDGT) is a common estate planning tool that is used by wealthy families to transfer assets from one generation to the next while achieving significant tax savings. IDGTs are especially useful if you have assets [...]

13 05, 2022

Medicare Advantage Plans Often Wrongly Deny Necessary Care, Study Finds

2022-05-12T15:21:03-04:00May 13th, 2022|

In an alarming number of instances, private Medicare Advantage plans are denying coverage for medical services that would be covered under original Medicare, according to a federal investigation.  These denials are likely preventing or delaying medically necessary care for tens of [...]

9 05, 2022

Which States Have Been Hardest Hit by the Nursing Home Staffing Crisis?

2022-05-08T13:22:24-04:00May 9th, 2022|

The COVID-19 pandemic has caused nursing home staffing shortages across the United States, even forcing some nursing homes to close, but some states have been hit harder than others. A new analysis looks at which states are confronting the worst staffing [...]

6 05, 2022

How Community Property Affects Estate and Tax Planning

2022-05-05T14:50:17-04:00May 6th, 2022|

In most states, spouses can purchase and own property separately from one another. However, in certain states – called community property states – if one spouse purchases property, it is considered the property of both spouses. How marital property is [...]

2 05, 2022

May Someone With Dementia Sign a Will?

2022-05-01T18:52:21-04:00May 2nd, 2022|

Millions of people are affected by dementia, and unfortunately many of them do not have all their estate planning affairs in order before the symptoms start. If you or a loved one has dementia, it may not be too late [...]

29 04, 2022

Who Can Serve as Executor?

2022-04-28T17:04:48-04:00April 29th, 2022|

One important reason to have a will is to be able to name your executor (also called a personal representative). An executor is the person responsible for managing the administration of your estate after you die. If you don't choose [...]

25 04, 2022

Probate v. Non-Probate: What Is the Difference?

2022-04-24T17:32:01-04:00April 25th, 2022|

When planning your estate it is important to understand the difference between probate and non-probate assets. Probate is the process through which a court determines how to distribute your property after you die. Some assets are distributed to heirs by [...]