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Linda Solash-Reed
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Few states have inheritance taxes any more, but Iowa still does. A recent court case there illustrates that the Iowa law has a strange provision. A handful of states have an inheritance tax either in addition to or instead of a state estate tax. Inheritance taxes are similar to estate... Continue reading
Posted yesterday at Orlando Estate & Elder Law
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Bill Gates has called for a new approach to combating Alzheimer's disease and announced that he is contributing money to the cause. It is a well-established fact among researchers: the earlier that Alzheimer's disease can be detected and diagnosed, the better it is for the patient. It is possible to... Continue reading
Posted 2 days ago at Orlando Estate & Elder Law
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As the world becomes more globalized, courts are having to sort out sometimes messy conflicts between the estate laws of different cultures. A recent example comes out of Switzerland. More and more people today are interacting and marrying people from different countries and cultures. They also are choosing to hold... Continue reading
Posted 6 days ago at Orlando Estate & Elder Law
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The latest celebrity estate to see a dispute between relatives over control of the estate assets belongs to the late poet Maya Angelou. In recent decades, students all over America have studied Maya Angelou's poem "I Know Why the Caged Bird Sings" in school. It was the late poet's best... Continue reading
Posted 7 days ago at Orlando Estate & Elder Law
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People would like to know how much money they need to have in their accounts, before they can consider retiring. That is not always an easy question to answer. How much folks need to save for retirement depends on several different factors. One important factor is what they plan to... Continue reading
Posted Dec 6, 2017 at Orlando Estate & Elder Law
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If a trustee is removed from his or her duties, the former trustee usually turns over any assets he holds to the new trustee as quickly as possible. However, there are exceptions to that rule. Marsha Sinzheimer and her late husband had created a trust for her benefit. The trust... Continue reading
Posted Dec 5, 2017 at Orlando Estate & Elder Law
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Executors and estate administrators can sometimes be tempted to use their powers to enrich themselves. They would be wise to resist the temptations. People entrusted to administer an estate are given broad powers to complete their tasks. While they often work under the supervision of the court, it is not... Continue reading
Posted Dec 4, 2017 at Orlando Estate & Elder Law
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A dispute between a widow and four of her stepchildren leaves the future of the largest federally subsidized housing complex in the U.S. up in the air. Starrett City in Brooklyn is the largest federally subsidized housing complex in the country. It even has its own power plant. The original... Continue reading
Posted Dec 3, 2017 at Orlando Estate & Elder Law
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When a person writes a will, it can be the first time they think seriously about the possibility of their own death. This was the case for one famous kidney donor. The entertainer Selena Gomez has Lupus disease. The disease can be very debilitating and result in many different medical... Continue reading
Posted Dec 2, 2017 at Orlando Estate & Elder Law
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Some people will go a long way in their efforts to claim that they are the heir to a valuable estate, when they are not really related to the deceased. That can be a problem. Recently the remains of Salvador Dali were exhumed by an order of a court in... Continue reading
Posted Nov 22, 2017 at Orlando Estate & Elder Law
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Including a no-contest clause in a will can be a powerful deterrent to challenges to the will. However, they have their limitations. Sometimes it is possible to foresee that a family member or other person may not be satisfied with the inheritance planned for them through a will. For example,... Continue reading
Posted Nov 21, 2017 at Orlando Estate & Elder Law
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Lacking an official place to bury their beloved pets, the citizens of Belgrade, Serbia have turned to clandestine methods. They have created hidden pet cemeteries in the city's parks. It used to be that cities did not worry too much about what to do with residents' deceased pets. Most people... Continue reading
Posted Nov 20, 2017 at Orlando Estate & Elder Law
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Many state governments have experienced budget shortfalls in recent years. That has led to the inability to properly inspect and regulate funeral homes. In 2016 residents of one Flint, MI neighborhood began noticing an awful stench. They all knew where the smell was coming from. It was a local funeral... Continue reading
Posted Nov 19, 2017 at Orlando Estate & Elder Law
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Having failed to secure a portion of her father's estate in California, the daughter of Douglas Tompkins has taken her case to the courts of Chile. The founder of Esprit and North Face, Douglas Tompkins, was also a conservationist who was best known for purchasing large amounts of land in... Continue reading
Posted Nov 18, 2017 at Orlando Estate & Elder Law
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Assisted living facilities can be so expensive, that going on a permanent ocean vacation can be cheaper. When discussing the costs of caring for the elderly, most of the debate about where they should live focuses on nursing home expenses. It is partly because they are extremely expensive to live... Continue reading
Posted Nov 11, 2017 at Orlando Estate & Elder Law
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Unless you keep your estate plan updated regularly, then it is likely that it will not do exactly what you want it to do when you pass away. Wealthy people do not have a good excuse for not planning for their estates. People who have means need to make sure... Continue reading
Posted Nov 10, 2017 at Orlando Estate & Elder Law
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The Treasury Inspector General for Tax Administration has recently recommended that the IRS needs to do a better job of scrutinizing estate and gift tax returns. It is not common to think of the IRS as being too lenient or not diligent enough in its work. The public perception of... Continue reading
Posted Nov 9, 2017 at Orlando Estate & Elder Law
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People accumulate a lot of stuff throughout their lives that is useless for other people. There is a process in Sweden, known as death cleaning, that people use to get rid of possessions before they pass away. Most people have many random things in their homes that they have accumulated... Continue reading
Posted Nov 8, 2017 at Orlando Estate & Elder Law
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Technology makes it easier to determine who actually wrote a particular piece of text. That has implications for what courts will accept as valid wills, as an Australian case illustrates. One of the first historical challenges that estate law needed to sort through was how to determine whether a document... Continue reading
Posted Nov 6, 2017 at Orlando Estate & Elder Law
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If you are the beneficiary of an IRA whose owner has recently passed away, it is important that you not do anything without getting advice. One of the biggest estate administration mistakes that people make after someone passes away, concerns something that is not technically part of the estate at... Continue reading
Posted Nov 5, 2017 at Orlando Estate & Elder Law
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With the possibility of major tax reform passing, you might be tempted to put off estate planning. That would be a mistake. Whenever the government starts talking about making major changes to tax laws, many people decide to take a wait and see approach to estate planning. It makes some... Continue reading
Posted Nov 5, 2017 at Orlando Estate & Elder Law
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With estate tax repeal possibly looming on the horizon, some are starting to warn that it could hurt charities to repeal the tax. At this point, it is impossible to say whether the estate tax will be repealed. It is clear that President Trump would like to do so and... Continue reading
Posted Nov 3, 2017 at Orlando Estate & Elder Law
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A woman has come forward claiming to be the last remaining heir of Lamont Buchanan, who might have been the inspiration for J.D. Salinger's Holden Caulfield. Lamont Buchanan was never a well-known figure during his lifetime. He was a little known writer and magazine editor who lived a reclusive life.... Continue reading
Posted Nov 2, 2017 at Orlando Estate & Elder Law
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Since Hugh Hefner passed away, rumors have been circulating that he did not have much money left. They come from a misunderstanding about how Hefner held his wealth. For the past few years, Playboy Magazine has seen its circulation decline. To curb this slide, the magazine has tried format changes,... Continue reading
Posted Nov 1, 2017 at Orlando Estate & Elder Law
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The American health care system is built on the more care and medicine that can be provided, the better the care. A growing movement believes that is not always true for the elderly. As people get older, they develop more and more long term diseases and health conditions. By the... Continue reading
Posted Oct 23, 2017 at Orlando Estate & Elder Law