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Idaho Estate Planning
Eagle, Idaho
Recent Activity
A veteran must first meet certain wartime service and discharge requirements before being considered for any type of pension benefit. Additionally, a surviving spouse must meet certain marriage requirements to the qualified veteran. Continue reading
Posted 2 days ago at Idaho Estate Planning
Experts say that the right retirement plan involves timing and opportunity. But nobody’s perfect. We all are apt to make a mistake, but we can usually make things right. Continue reading
Posted 3 days ago at Idaho Estate Planning
There a few factors that come into play when creating a giving plan. Donors need to consider the pros and cons tax-wise of donating various types of property—and also the manner and timing of the gift. Continue reading
Posted 4 days ago at Idaho Estate Planning
When one person in a family is given authority or power over others, there’s always a chance problems could arise. Children may all get along now—but could that change when money is involved or issues of control arise? It might. Continue reading
Posted 5 days ago at Idaho Estate Planning
If this legislation succeeds in reducing the amount of money assigned to the institutionalized spouse, he or she would become eligible for Medicaid assistance more quickly. Continue reading
Posted 6 days ago at Idaho Estate Planning
Do you know an elderly widow of a WWII or Korean War Veteran in need of care? The proposed rule believes they should suffer a penalty close to double their husband or wife's. Continue reading
Posted Mar 20, 2015 at Idaho Estate Planning
As a parent, you're always thinking about what's best for your children. But have you thought about what might happen if you're no longer around? It's not a pleasant subject, but it is important. Planning for your children's future is even more important if you're not around to help. Continue reading
Posted Mar 19, 2015 at Idaho Estate Planning
Sadly, much of what passes for estate planning today is little more than word processing. Someone asks a few questions and then fits you into their pre-defined box. This isn't planning – This is simply document preparation. Don’t settle for word processing in place of quality planning! Continue reading
Posted Mar 18, 2015 at Idaho Estate Planning
Pictures, music, videos, and documents make up our digital life. Make sure that you’re prepared to pass those on. Continue reading
Posted Mar 17, 2015 at Idaho Estate Planning
Being Rich Doesn’t Make You Smart. Now the Granthams on the show may be friends with the Astors in New York and the aristocracy in England, but they’re extremely poor financial managers. Doing things the way we always have isn’t a business plan. Pay attention and make the necessary moves to be viable. Continue reading
Posted Mar 16, 2015 at Idaho Estate Planning
There isn’t one kind of dementia. There aren’t a dozen kinds. There are hundreds of thousands. Each person who lives with one of these diseases will be affected in uniquely destructive ways. Continue reading
Posted Mar 13, 2015 at Idaho Estate Planning
Have you signed your will? Is it one of those New Year’s Resolutions that you just have not yet taken up? If signing your own will is still on your “to do” list, then you are not alone. Continue reading
Posted Mar 12, 2015 at Idaho Estate Planning
Taxpayers using their land to grow timber can find benefits beyond the property-tax break: Timberland is great for wealth preservation. Even when land values or the demand for timber tails off, the trees on your farm continue to grow. Experts say that timber growth can provide an annual return of roughly 2% to 6% a year, and once you sell your timber, your profits are taxed as capital-gains, instead of higher income tax rates. Continue reading
Posted Mar 11, 2015 at Idaho Estate Planning
Unique issues in a family can create wrinkles that are unforeseen. Continue reading
Posted Mar 10, 2015 at Idaho Estate Planning
In the beginning stages of dementia, someone who handles the family finances forgetting to pay bills is just one common warning sign. The spouse doesn’t know about it until the bank calls the house warning that the mortgage has not been paid in months and is in default. Accounting for the possibility of your own and your loved one’s eventual mental incapacity is a key part of any estate plan. Continue reading
Posted Mar 9, 2015 at Idaho Estate Planning
Studies show that women tend to invest more conservatively than men. While spouses tend to balance each other out, when women become widows, it can mean that they might be overly cautious in their investments, creating a risk to inflation. Continue reading
Posted Mar 6, 2015 at Idaho Estate Planning
Robyn’s family claims that she wrote a new will after her divorce that changed the beneficiaries, but they can’t find it to prove the change. As a result, last year a New York appellate court decided to uphold the 1996 will. Lawyers for Lewis’s family are appealing. Continue reading
Posted Mar 5, 2015 at Idaho Estate Planning
The children are claiming that the doctor and his wife had a prenuptial agreement when they married in 2000 that kept the property of each separate. The children are seeking to keep her from selling Grossman’s main asset, Brookfield Farms. Continue reading
Posted Mar 4, 2015 at Idaho Estate Planning
Right before his death eleven years ago, Marlon Brando couldn't leave his bedroom and was so paranoid that he wanted the room padlocked at his death so no one would steal the buttons off of his shirt! Continue reading
Posted Mar 3, 2015 at Idaho Estate Planning
Understanding the differences between Alzheimer's and dementia can be confusing. The terms and definitions of these conditions are frequently thought to be interchangeable as patients, families and caregivers come to believe that one simply means the other. Doctors and other healthcare professionals have even been known to contribute to this confusion as they tend to prefer using the word "dementia" when "Alzheimer's Disease" (AD) is the appropriate diagnosis. "Dementia" simply sounds less frightening. Continue reading
Posted Mar 2, 2015 at Idaho Estate Planning
The comedian Robin Williams hadn't been deceased for long when a fight erupted over some of his belongings. Williams' third wife and his three children from a previous marriage landed in court with a dispute over personal items, including Williams' watches. When assets are being passed on to children from a prior marriage, trouble can quickly ensue. Having a clear will and a sound trust can help ease tensions. But experts are advising people who remarry to have even stronger asset defenses—prenups and even postnups that are highly detailed and clearly laid out. The message from the experts is simple: You can never have too many documents backing up your intentions. Continue reading
Posted Feb 27, 2015 at Idaho Estate Planning
You can't afford NOT to do Medicaid Planning. First, such planning may not cost as much as you think. More importantly, compared to what is at stake, the cost to protect your assets and put care in place is definitely worth it. Continue reading
Posted Feb 26, 2015 at Idaho Estate Planning
Each type of fraud has a different age spectrum. Investment scams peak around age 65, and work-from-home scams, dating scams, weight loss, and most Internet scams are more common at a bit younger age. Finally, theft by family members peaks much later. Continue reading
Posted Feb 25, 2015 at Idaho Estate Planning
No matter how old you are, you're still your parents' child. Someday, however, they may need to rely on you for help when it comes to their finances. With an aging population, loved ones must grapple with how to help their elderly parents manage their finances. Regardless of whether you and your parents have always talked freely about money or never discussed the subject, there are several considerations you may want to address with them as they approach their later years. Continue reading
Posted Feb 24, 2015 at Idaho Estate Planning
Gaining control over our finances is usually at or near the top of all New Year’s resolutions. What many people don’t realize, though, is that good legal planning is an essential component of our financial health. Effective legal documents can protect us from costly divorces, lawsuits and exorbitant transfer taxes. Why then, do half of us not even have a will? Continue reading
Posted Feb 23, 2015 at Idaho Estate Planning