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Idaho Estate Planning
Eagle, Idaho
Recent Activity
Pre-nuptial agreements can also play a role in estate planning, as they let you to designate personal assets for existing rather than future children. Continue reading
Posted yesterday at Idaho Estate Planning
In a 2015 annual Cost of Care survey, results showed that Americans paid approximately $16,060 more per year in 2015 for a nursing home than they paid in 2010. Continue reading
Posted 3 days ago at Idaho Estate Planning
Elder abuse often goes unreported because of embarrassment or fear that the victim will lose autonomy. The victims may choose not to report the abuse because they want to protect the guilty party which is often a family member. Continue reading
Posted Oct 1, 2015 at Idaho Estate Planning
We’ve found that it’s easy to forget that not all war-time vets are men. If you’re helping an older female resident or one you’d like to have as a resident, be sure to ask if she served during a war period. Continue reading
Posted Sep 24, 2015 at Idaho Estate Planning
Most people would probably say that planning ahead is generally a good idea. However, when it comes to what might happen at the end of their own lives, most people do not plan ahead, even though there are very good reasons to do so. Continue reading
Posted Sep 22, 2015 at Idaho Estate Planning
Revoking a will is one of the simplest of legal actions that a person can undertake. However, a recent case reveals that it is possible to entirely mess up the process. Continue reading
Posted Sep 18, 2015 at Idaho Estate Planning
Despite hearing many warnings, people do not believe that anything bad will possibly happen if they never get a will. They assume that their family can work everything out. However, that does not always happen. Continue reading
Posted Sep 17, 2015 at Idaho Estate Planning
The best way to protect against this scam is to know it exists, and if you receive anything that looks like it, to check with other relatives before sending any money to claim the inheritance. Continue reading
Posted Sep 14, 2015 at Idaho Estate Planning
Even though it is clear that Sullivan wanted to revoke her will and no longer wanted the former employee to get half of her estate, her failure to properly revoke the 2006 will means that the former employee will get the inheritance. Continue reading
Posted Sep 11, 2015 at Idaho Estate Planning
So here we are. We’ve been dealing with this disease for just over two years. Now we’re caretaker to the woman who made her five young children a picnic in the attic on a snowy day in Detroit, who made magical Christmases, who sewed us matching dresses and who doted on her 11 grandchildren. Continue reading
Posted Sep 9, 2015 at Idaho Estate Planning
An incentive trust is any trust that rewards beneficiaries with distributions for desired behavior. They are popular for people who fear that their heirs will waste a large inheritance. Below are some tips if you are considering setting up an incentive trust. Continue reading
Posted Sep 8, 2015 at Idaho Estate Planning
If the executor of an estate does not do certain things, then he or she can get in trouble. However, there are other things that can lead to trouble if an executor does do them. Continue reading
Posted Sep 3, 2015 at Idaho Estate Planning
As a Korean War vet, Mike qualified for the VA Aid & Attendance benefit. The maximum benefit for a single Vet is $1788 per month. This monthly benefit combined with his income would be enough to pay for his place at the assisted living community. Continue reading
Posted Sep 1, 2015 at Idaho Estate Planning
Now, backed by the Obama administration, the IRS wants to enact new regulations expected to put an end to many of the advantages of Family Partnerships and LLCs. Continue reading
Posted Aug 27, 2015 at Idaho Estate Planning
The latest in a long string of battles between Jimi Hendrix's siblings may have been settled, but with proper estate planning it might not have happened at all. Continue reading
Posted Aug 25, 2015 at Idaho Estate Planning
Selecting a trustee is an important decision, as he or she is legally bound to manage the trust’s assets for your beneficiaries. Continue reading
Posted Aug 21, 2015 at Idaho Estate Planning
Fear is a major contributor to procrastination. You know, dealing with your own mortality… who likes to think about that? Continue reading
Posted Aug 20, 2015 at Idaho Estate Planning
Medicare spending on people with Alzheimer’s will more than quadruple in just over a generation, to $589 billion annually in 2050. Continue reading
Posted Aug 17, 2015 at Idaho Estate Planning
You need to choose the right person for this important job. Many people select their spouse, an adult child, or a trusted friend. But you can also name an attorney as executor. You also can name joint executors and alternates in case the executor you choose can’t serve or he passes away before you do. Continue reading
Posted Aug 14, 2015 at Idaho Estate Planning
More than 5 million Americans have Alzheimer’s disease, the leading cause of dementia. That number is expected to reach 13.5 million by 2050, according to the Alzheimer’s Association. Continue reading
Posted Aug 11, 2015 at Idaho Estate Planning
Life insurance policies and retirement plans are key components of most estate plans today. In many cases, they represent the majority of assets in an estate. If the beneficiary designations are not kept up-to-date or not made at all, then these key assets may go to someone unintended. Continue reading
Posted Aug 10, 2015 at Idaho Estate Planning
Today Idaho Estate Planning is closed. We are participating in the Alzheimer's Idaho Golf Tournament at the Plantation Country Club in Boise, Idaho. You can follow us today on Twitter and Facebook. On Twitter, Bill Poulson is @SmurfTurfer and Mark Wight is @IdahoEstatePlan. Continue reading
Posted Aug 3, 2015 at Idaho Estate Planning
If you are a Facebook user, you may want to go into your account now and designate your Legacy Contact to manage your account when you pass away. Continue reading
Posted Jul 31, 2015 at Idaho Estate Planning
We all want to stay in control of our lives as long as possible and for that we must plan. When it comes to planning for the future, the sad fact is that every year we fail to plan we lose options. Wait long enough and the only options left are those made for us out of desperation. Continue reading
Posted Jul 30, 2015 at Idaho Estate Planning
Fundamentally, it's important to understand that Alzheimer's is not the same as other diseases. Dealing with dementia requires a lot of attention from all involved. Through it all, competent counsel will be necessary to properly assess the needs and possibilities, as well as to ensure that everything is in place when needed most. Continue reading
Posted Jul 28, 2015 at Idaho Estate Planning