by awarner | Mar 2, 2019 | Elder Law, Estate Planning
The main purpose of a will is to direct where your assets will go after you die, but it can also be used to instruct your heirs how to pay your debts. While generally heirs cannot inherit debt, debt can reduce what they receive. Spelling out how debt should be paid...
by awarner | Feb 16, 2019 | Elder Law, Estate Planning, Healthcare, Medicaid, Medicare, Power of Attorney, Settlement Planning, Uncategorized
February is American Heart Month! Heart disease is the leading cause of death for both men and women in the United States. Diet, exercise, meditation and heart health awareness is crucial — and in our busy lives we all need a reminder to take time for self-care....
by awarner | Nov 15, 2018 | Estate Planning, special needs planning, Special Needs Trust, Trust
For many parents, the majority of their savings is held in some kind of a retirement account, often an Individual Retirement Account (IRA). At age 70 1/2, an IRA account holder faces the Required Beginning Date, when he or she must take mandatory distributions from...
by awarner | Sep 6, 2018 | Elder Law, Estate Planning, special needs planning
According to court documents, legendary singer Aretha Franklin did not have a will when she died, despite reportedly having a son with special needs. The lack of a will opens up the intensely private singer’s estate to public scrutiny and unnecessary costs, and means...