Here are some random but important things to consider for those helping elders. Reminder: Do not sign personally as the one responsible for the cost of another person’s nursing home expenses. Only sign in your official capacity (e.g. power of attorney agent). You should not sign in your individual capacity unless it is for you… Read More »
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A Brief Review of ‘Money in Politics’
At the 2018 University of Miami’s Heckerling Institute, Trevor Potter, of the Campaign Legal Center in Washington, D.C., discussed how Sec. 501(c)(4) tax exempt organizations are being used to finance political campaigns. Sec. 501(c)(4) applies to “civic leagues or organizations not organized for profit but are operated exclusively for the promotion of social welfare… and… Read More »
Recent Developments in the Estate Planning World
The following are some recent developments from 2017 which are of interest to the estate planning community. Valuation Discounts Update: In 2017, the estate planning community expected to see big changes regarding the ability to do valuation discounts under Sec. 2704 of the Internal Revenue Code. Briefly, Sec. 2704 was set up by Congress… Read More »
Changes to Federal Income Taxes under TCJA
The new tax law that went into effect on January 1, 2018 is known as the “Tax Cuts and Jobs Act” (“TCJA”), or Reconciliation Act of 2017, or 2017 Tax Act. The following will provide a brief overview of income tax changes under TCJA. The following is not all-encompassing and should not be relied on… Read More »
Changes to Federal Estate and Gift Taxes under TCJA
The new tax law that went into effect on January 1, 2018 is known as the “Tax Cuts and Jobs Act” (“TCJA”), or Reconciliation Act of 2017, or 2017 Tax Act. The following will provide a brief overview of transfer tax changes under TCJA. The following is not all-encompassing and should not be relied on… Read More »
Guest Blogger- Judy Dovev, Eldercare Consultant, Owner of Elder Life Directions
Managing the Balancing Act: Challenges Facing the Sandwich Generation and the Club Sandwich Generation Many of us have heard of the term “The Sandwich Generation”, referring to adults with children of their own who have aging parents, or an aging loved one. Sometimes they are directly involved in their care, while other times they… Read More »
Aging with a Plan
Come join us on Sunday, March 18th to welcome author Sharona Hoffman, as she speaks about her book “Aging with a Plan: How a Little Thought Today Can Vastly Improve Your Tomorrow.” It offers a concise, comprehensive resource for readers who are facing the prospects of their own aging and caring for loved ones. About… Read More »
Why We Do What We Do
I love helping people and bringing them comfort. It’s the ‘why’ of what I do. Many people think that an estate planning attorney is just the technician – provide legal documents to satisfy a client’s needs. It’s so much more than that. I see myself as part of my client’s life – There to help… Read More »
How To Protect Against Identity Theft
It is estimated that someone’s identity is stolen every two seconds. Security expert Frank Abagnale offers some suggestions on how to prevent it from happening to you. • Lock your mailbox. If your mailbox doesn’t lock, you can buy one that does for about $40 • Don’t leave valuables in your car, particularly your laptop,… Read More »
Brain Health: Myths Versus Reality
You’ve no doubt heard plenty of stories about how to keep your brain healthy and boost memory. A recent article on AARP’s website explored this subject and distinguished between myth and fact. Here are some the highlights. Myth: Brain aging is inevitable. Although the brain does shrink with age, exercise has been shown to increase… Read More »