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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,…

A Guide to the Probate Process

A Guide to the Probate Process

During probate, the will of a deceased individual is authenticated, assets are reviewed, debts are paid, taxes are collected, and assets are distributed to heirs. Legally, probate is the process of authenticating the will of a deceased person, reviewing their…

Do All Your Children Deserve the Same Inheritance?

Do All Your Children Deserve the Same Inheritance?

There are many situations where it makes perfect sense to divide assets equally among children. Yet, in some families, each child receiving the same inheritance can be inappropriate, deplete the estate’s assets due to ensuing litigation, or cause other family…

Wills versus Trusts

Wills versus Trusts

Various states have different laws and regulations regarding wills and trusts, which have different benefits for estate planning. You can have both a will and a trust; however, the information in each should compliment the other. As a standalone, it…

Life Insurance and Estate Planning

Life Insurance and Estate Planning

The disposition of your assets in your estate plan may seem unrelated to life insurance at first glance. However, life insurance can be an integral, indispensably important part of a well-thought-out estate plan. There are numerous other benefits to owning a…

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