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A Guide to Understanding Gift Taxes

A Guide to Understanding Gift Taxes

Transferring assets, cash or property, without receiving anything of equal value is subject to gift tax. The asset has to be of a certain value for the tax to apply; otherwise, it falls under the gift tax exclusion, either annual…

Understanding Taxes on Special Needs Trusts

Understanding Taxes on Special Needs Trusts

Special needs trusts are often established and funded by families caring for someone with special needs. It can provide peace of mind to improve a family member’s future quality of life without jeopardizing their eligibility for government benefits. However, families…

The Tragic Legacy of Larry King

The Tragic Legacy of Larry King

Larry King had seven wives and five children during his legendary talk show career. He died at age 87 on January 23, 2021, after contracting Covid and then succumbing to an infection. Immediately after his death, his estate went straight…

Elder Law Attorney: What Do They Do?

Elder Law Attorney: What Do They Do?

Elder law deals with legal issues affecting older or disabled people. Attorneys who practice elder law advocate for and create legal plans to assist seniors, and their loved ones, in living better lives. Elder law may include planning for retirement,…

New Trends in Living Options for Seniors

New Trends in Living Options for Seniors

Housing options for seniors are undergoing exciting changes. In 2018 senior housing occupancy fell to an eight-year low, even as the senior population continues to increase, as competition for the younger baby boomer market is ramping up and forcing a…

The Misconceptions Millennials Have About Social Security

The Misconceptions Millennials Have About Social Security

On August 14, 1935, the US federal government launched its social insurance program to provide retirement, disability, and survivor benefits. Since that time, in part due to the disappearance of extended family networks, an increase in population, and a profound…

The Cost of Health Care Can Be Challenging

The Cost of Health Care Can Be Challenging

Thanks go out to those who care for the sick, and to those who support them. At the same time, we should be skeptical of bills we may be presented for that care. The struggle to contain healthcare costs in…

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