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Idaho Estate Planning
Eagle, Idaho
Recent Activity
Soldier with FlagMany wartime veterans and their surviving spouses are currently receiving long-term care or will need some type of long-term care in the near future. The Veterans Administration has funds that are available to help pay for this care. Unfortunately, many are not aware that these benefits even exist, and they are often overlooked by families with veterans or surviving spouses who need additional funds to help care for them. Continue reading
Posted 6 hours ago at Idaho Estate Planning
When life gets busy it’s easy to become more passive about managing your bank accounts and credit cards by letting receipts, bills and statements pile up. Even if you regularly keep up with your finances, it can be beneficial to take a fresh look at them. Simplify your financial life with these. Continue reading
Posted yesterday at Idaho Estate Planning
Conservators must be bonded for the value of all income and personal property of the person, and guardians also may be required to post bond. Continue reading
Posted 2 days ago at Idaho Estate Planning
It is very important that family members remain diligent and ensure that someone is not taking advantage of their elderly relatives. Continue reading
Posted 3 days ago at Idaho Estate Planning
The survey officials commented that many respondents reported situations where parents passed away without leaving behind legal documents. This has led to some sad stories about people having money tied up in court and not being able to pay their parents' final bills and funeral costs. Continue reading
Posted 4 days ago at Idaho Estate Planning
Yes, your state’s estate laws and the probate judge will decide who will get your assets if you die. And if you are married with young children and both you and your spouse pass at the same time, the judge also gets to decide who will be the children’s guardian. Continue reading
Posted 7 days ago at Idaho Estate Planning
Most of us don’t want to just enjoy our retirement and have enough money for old age, but to leave something behind as well. But what's the best way to do that? Should you leave an inheritance, or give your money away while you're still around? Continue reading
Posted May 14, 2015 at Idaho Estate Planning
Married people have their spouse who can make medical decisions on their behalf. However, a single person has to plan for medical contingencies. He or she should draft a durable power of attorney for medical and financial needs in case of incapacity. Single people should think about who will inherit their assets when they die. If they don’t make plans, then the state will make these decisions. Continue reading
Posted May 13, 2015 at Idaho Estate Planning
This is the same news almost everywhere as baby boomers are retiring and some are becoming unable to care for themselves. Continue reading
Posted May 12, 2015 at Idaho Estate Planning
Although he has been dead for almost a year, the prominent Victoria businessman's estate is still being legally contested. Two of his longtime associates, Brad Richards and Gary Dunnam, claim they should be in charge of how it is handled. Continue reading
Posted May 11, 2015 at Idaho Estate Planning
The truth is that anyone can set up a trust. They are not just for the very wealthy. Continue reading
Posted May 8, 2015 at Idaho Estate Planning
A key player on this team is the estate’s attorney. He or she is hired to handle the estate’s legal matters. Estate attorneys are specialized attorneys who practice solely or primarily in estate planning matters. An estate planning attorney can be extremely beneficial in cases where highly sophisticated, specialized expertise is needed. Continue reading
Posted May 6, 2015 at Idaho Estate Planning
It’s very useful to look forward and understand the types of medical issues that could happen down the road. Medical issues associated with aging are most apt to be the reason life gets expensive during your later years. Continue reading
Posted May 5, 2015 at Idaho Estate Planning
Few people get excited about doing estate planning, even though they might recognize the importance of leaving a legacy for their children and grandchildren. If you want to be smart about making gifts to your loved ones, though, there are some things you should consider before just writing a check. Continue reading
Posted May 4, 2015 at Idaho Estate Planning
In addition to a prenup, revisit your estate plan with a qualified estate planning attorney, in addition to your beneficiary designations. Wills finish second to legal titles to real estate or beneficiary designations on financial accounts, as well as retirement plans and insurance policies. Make any changes in writing, and be careful with Social Security. Continue reading
Posted May 1, 2015 at Idaho Estate Planning
The article notes that a repeal of the estate tax would increase the deficit by $269 billion over the next 10 years, and the Joint Committee on Taxation projects that the estate tax will impact 5,400 estates in 2015. This is approximately 0.2% of the 2.6 million deaths expected in the U.S. this year. Continue reading
Posted Apr 30, 2015 at Idaho Estate Planning
If someone you do not know asks for money concerning an inheritance, especially if it seems too good to be true, consult with an estate attorney before spending any money. Continue reading
Posted Apr 29, 2015 at Idaho Estate Planning
Discuss Money. This is a major cause of stress in any marriage; however, it can be really challenging in a second one. You and your future spouse should talk about and come to an agreement on all of the important financial issues. Make plans that both of you are OK with. If you’re considering a prenuptial or postnuptial agreement, it’s all the more important to tell all (finances-wise). Continue reading
Posted Apr 28, 2015 at Idaho Estate Planning
Not only did AJ Pero have a family history of heart disease, which he allowed to go unchecked, but he did not have a will, left behind two ex-wives, a longtime girlfriend, four children between the three of them and a mess of an estate to be sorted out. Continue reading
Posted Apr 27, 2015 at Idaho Estate Planning
Who speaks for you if you are not able to speak for yourself? Who determines what kind of care you want at the end of life, how your finances are handled, how your estate will be distributed? Continue reading
Posted Apr 24, 2015 at Idaho Estate Planning
Failure to consider wills and estate planning is a frequent issue, and not just for Baby Boomers. People usually think that it’s something they can put off and deal with later. Continue reading
Posted Apr 23, 2015 at Idaho Estate Planning
Some seniors believe that once they qualify for Medicare, they are 100% covered without any gaps. Unfortunately, there may be issues, such as nursing homes and assisted living for long-term care. These are not covered under Medicare. Continue reading
Posted Apr 22, 2015 at Idaho Estate Planning
Although some couples remain unmarried to protect their estates, that strategy backfires if you end up paying estate taxes. Continue reading
Posted Apr 21, 2015 at Idaho Estate Planning
Pension with Aid and Attendance. This is the most widely known benefit and offers the highest possible monthly payment. It provides benefits for a veteran or surviving spouse who requires the attendance of another person to assist in activities of daily living (eating, bathing, dressing and undressing, cooking, etc.), is blind, or is a patient in a nursing home. Assisted care in an assisted living facility also qualifies. Continue reading
Posted Apr 16, 2015 at Idaho Estate Planning
In an article today the Idaho Statesman reporter Anna Webb touched on the difficulty homeless veterans face when trying to use rent vouchers to secure a place to live. In the article Ms. Webb states: "Safe, affordable housing is tough for anyone to find, let alone for veteran voucher holders.... Continue reading
Posted Apr 15, 2015 at Idaho Estate Planning