Your spouse is in a nursing home. You are paying out $6,000 or more per month for his or her care. You have been told that you can only keep ½ of your combined assets and have to spend down …
Medical Directives
If you are permanently mentally incapacitated and are on life support, would you like your loved ones to be able to make decisions for you? Would you like to have your loved ones to be able to withhold and withdraw …
Understanding Step Up Basis
It’s tax time again. Last year in 2011 you sold dad’s house, which you received after dad died in 2010. Dad originally paid $5,000 for the property in the 1950s, but you sold it for $125,000, for a gain of …
Online Life Continues Long After Death
If you were to die tomorrow, do you know what would happen to your online accounts? Like many other areas of the law the answer is, it depends. It depends on whether your survivors have user names, passwords or legal …
Self-Funding Trusts Can Be Dangerous
You had been meaning to get your estate plan done for years. You finally get up the nerve to call your lawyer’s office to have it drawn up. You walked out of the office with an estate plan in which …