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Linda Solash-Reed
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When creating an estate plan, it is important you keep in mind the generation-skipping transfer tax. In part, the federal estate tax is intended to make it so wealth does not accumulate in one family indefinitely. It may be questionable how well the idea works. However, the idea is that... Continue reading
Posted 5 hours ago at Orlando Estate & Elder Law
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Before you decide to use the forms of an online service for your legal documents, you should read the disclaimer on the website. Some websites make it very easy to get legal documents prepared. All you do is pay a small fee, download some forms, read the directions and fill... Continue reading
Posted yesterday at Orlando Estate & Elder Law
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When people are at or near retirement age, they can benefit greatly by visiting an elder law attorney. To get the most out of the visit, it is important to know what to expect. Many people are not quite clear about what elder law attorneys do. Some people think they... Continue reading
Posted 2 days ago at Orlando Estate & Elder Law
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The doubling of the estate tax exemption might mean you do not have to pay that tax. However, if you are not careful, you could end up paying more in capital gains taxes than necessary. It is assumed by most people that since the federal estate tax exemption was doubled... Continue reading
Posted 6 days ago at Orlando Estate & Elder Law
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In 2015 California passed what many people considered to be a groundbreaking physician-assisted death law. A court has now overturned it. Advocates and detractors of physician-assisted suicide have been paying close attention to the state of California. A law passed there in 2015 to allow the practice, was thought to... Continue reading
Posted 7 days ago at Orlando Estate & Elder Law
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People who inherit a lot of wealth and are not ready to deal with it, can run into a lot of problems. Everyone is aware that it is not a good idea to let minor children inherit a lot of wealth and leave them to manage it on their own.... Continue reading
Posted Jun 13, 2018 at Orlando Estate & Elder Law
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The death of Matthew Mellon shows how a lack of planning can cause problems for an estate that contains a lot of cryptocurrency. At the age of 21 Matthew Mellon, a member of the famous family of bankers, inherited $25 million through a trust that was created for him. Illustrating... Continue reading
Posted Jun 12, 2018 at Orlando Estate & Elder Law
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It is a good idea to get organized, if your want to make things easier for your family after you pass away. Doing so is also likely to help you now. Have you have ever needed to find a particular document and do not remember exactly where you put it?... Continue reading
Posted Jun 11, 2018 at Orlando Estate & Elder Law
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Americans are increasingly acting as the primary caregivers for their elderly parents. This is something that they should make plans for ahead of time. If you know you were going to have increased expenses in the future, you would be wise to plan ahead for how you will meet those... Continue reading
Posted Jun 8, 2018 at Orlando Estate & Elder Law
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Alan Thicke's widow continues to fight with his two sons over the money in his estate. Alan Thicke's sons had previously filed a motion in court requesting that their step-mother Tanya Thicke be legally barred from challenging the pre-nuptial agreement she signed with their father. The sons lost that case... Continue reading
Posted Jun 7, 2018 at Orlando Estate & Elder Law
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If you move to another state when you retire, there could be more options. Many older Americans are choosing other states to live in during their retirement years. Traditionally, when Americans move after they retire, they choose to go to a state with a warm climate. Arizona and Florida are... Continue reading
Posted Jun 6, 2018 at Orlando Estate & Elder Law
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Mothers often struggle when planning their estates. It is because they desire to provide for all of their children but come in conflict with a desire to make sure that all of their children are taken care of adequately. Most mothers worry about their children long after the children have... Continue reading
Posted Jun 5, 2018 at Orlando Estate & Elder Law
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When planning for your estate, you can get bogged down in tax issues and forget about other concerns. However, it is important to remember that there are principles at stake, other than taxes. Estate planning is not a valueless endeavor. When people start deciding how they would like their estates... Continue reading
Posted Jun 4, 2018 at Orlando Estate & Elder Law
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It is important to make the right decisions with your estate plan, such as whether you should use a will or a trust. One decision is even more important, and it is common. Perhaps the single greatest divide in estate planning is between those people who use a last will... Continue reading
Posted Jun 1, 2018 at Orlando Estate & Elder Law
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If the Louisiana legislature cannot fix a budget shortfall soon, 30,000 nursing home residents in the state will be evicted on July 1st. It would probably come as a shock for most nursing home residents, if they were suddenly sent an eviction notice. It would be even more shocking if... Continue reading
Posted May 31, 2018 at Orlando Estate & Elder Law
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It is common for elderly people to fall in love and want to get married. As part of the process, they need to make more plans than younger couples. A common image of the elderly is to see them as past the years to fall in love. Could seniors meet... Continue reading
Posted May 30, 2018 at Orlando Estate & Elder Law
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Now that the estate tax exemption has been doubled, some people are saying there is no longer a need for estate planning. However, estate plans have never been mostly about avoiding the estate tax. For people who do not want to take the time to plan for their own estates,... Continue reading
Posted May 29, 2018 at Orlando Estate & Elder Law
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Relatives of a former secretary were surprised to learn that she had quietly built up a fortune over the years and left most of it to charity. Sylvia Bloom went to work at a small Wall Street law firm as a legal secretary when she was a young woman. She... Continue reading
Posted May 28, 2018 at Orlando Estate & Elder Law
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A fight over an estate in New York that is receiving a lot of attention, shows how difficult it can be to win a claim of undue influence in estate law. Micky Liu worked as an IT professional for HBO. He went with some friends to a casino in Atlantic... Continue reading
Posted May 25, 2018 at Orlando Estate & Elder Law
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Due to a little-known provision in the rules for Social Security, Trump can receive a sizable bonus in his benefits. However, it is not known if he is actually receiving it. When Social Security was designed, husbands typically provided the sole income for the family, while their wives stayed home... Continue reading
Posted May 24, 2018 at Orlando Estate & Elder Law
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When it comes to estate planning, there are several mistakes that people can make in setting up specific legal instruments. However, most mistakes people make are far more basic. People who are looking to plan their estates, often have a lot of questions about what they should do. However, answering... Continue reading
Posted May 23, 2018 at Orlando Estate & Elder Law
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When getting an estate plan many Americans are very price conscious. However, the cheapest way to get an estate plan might not be what is needed. Consumers typically like to pay as little as they can for something. This is a basic notion that companies, such as Amazon and Wal-Mart,... Continue reading
Posted May 22, 2018 at Orlando Estate & Elder Law
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Americans can expect to live longer after retiring than previous generations. However, whether they will live better, is an open question that depends on individual choices. At first glance, Cecilia Chiang might seem like an exception. In some ways she is. The 98-year-old woman who retired in 1991, after a... Continue reading
Posted May 21, 2018 at Orlando Estate & Elder Law
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If you are a caregiver for an elderly parent, you might need to assist them in planning for their estate, if they have not already done so. Many Americans find themselves in precarious financial situations after they retire. At some point, they are no longer able to take care of... Continue reading
Posted May 20, 2018 at Orlando Estate & Elder Law
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Wealthy people are beginning to expect that they will personally live to be at least 100 years old. That has important implications for their planning. Rich people have most likely always lived longer, on average than the non-wealthy and that is certainly the case today. However, even the wealthy never... Continue reading
Posted May 19, 2018 at Orlando Estate & Elder Law