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Linda Solash-Reed
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Protecting Your Family’s Inheritance
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“We all want the best for our family. We work hard to provide for them. Make sure your hard work continues to provide for them once you are gone, by investing in thoughtful estate planning.” Continue reading
Posted Aug 26, 2019 at Orlando Estate & Elder Law
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Second Marriages Need Plan to Protect Children, New Spouses
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“According to a study by the Pew Research Center, remarriages are on the rise. Four out of 10 marriages are now remarriages. Half of previously married seniors have remarried again.” Continue reading
Posted Aug 23, 2019 at Orlando Estate & Elder Law
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Everyone Needs Advance Healthcare Directive, Durable Power of Attorney
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“One in three seniors dies with Alzheimer’s or dementia. The best way to plan for your own end of life wishes, is by having these two important documents in place.” Continue reading
Posted Aug 22, 2019 at Orlando Estate & Elder Law
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What Happens When a Relative Sells a Home They Inherited to another Relative?
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“My mother recently died, leaving a house to my three siblings and me. We had the house appraised in February. My sister is buying the rest of us out. We decided to give our sister a break and sold her the house below the appraised amount.” Continue reading
Posted Aug 21, 2019 at Orlando Estate & Elder Law
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When Retirement Is Devoted to Elderly Parents
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“Americans’ longer life spans mean that more families are ‘aging together,’ as researchers call the trend.” Continue reading
Posted Aug 20, 2019 at Orlando Estate & Elder Law
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I Want to Make a Generous Gift but the Taxes?
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“The federal estate and gift tax are unified and allow you to give away property above the annual exclusionary gift amount or for your heirs to inherit up to a total of $11.4 million currently, without paying gift or estate taxes and this increases with inflation.” Continue reading
Posted Aug 19, 2019 at Orlando Estate & Elder Law
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Planning for the Impact of Medicaid
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“When a spouse enters a nursing home, the cost of care can be financially devasting. Many families are simply unable to afford long-term care, without applying for Medicaid. To qualify for Medicaid, there are limits on the resources that an applicant may have. Resources include both income and assets.” Continue reading
Posted Aug 16, 2019 at Orlando Estate & Elder Law
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Special Tips for Retiring Singles
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“You will want to replace your income. You will also want to stay socially engaged.” Continue reading
Posted Aug 15, 2019 at Orlando Estate & Elder Law
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What Happens When Real Estate Is Inherited?
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“There are many questions that come with inheriting a piece of real estate. Do you want to live in it? Do you want to sell it? Do you have to split the property with another heir?” Continue reading
Posted Aug 14, 2019 at Orlando Estate & Elder Law
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Estate Planning Can Solve Problems Before They Happen
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“The word ‘estate’ conjures images of great wealth, which may be one of the reasons why so many people don’t develop estate plans—after all, they’re not rich, so why make the effort? In reality, however, if you have a family, you can probably benefit from estate planning, whatever your asset level.” Continue reading
Posted Aug 13, 2019 at Orlando Estate & Elder Law
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Filing Taxes for a Deceased Family Member
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“When a financially comfortable loved one departs, a bevy of tax issues can come into play.” Continue reading
Posted Aug 12, 2019 at Orlando Estate & Elder Law
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Do Many Americans Pay Any Kind of Inheritance Tax?
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“Most Americans don't understand how much they pay in taxes. This is true of taxes in general. Most Americans, for example, believe the canard that half of all workers pay nothing in taxes. This is especially true with inheritance and estate taxes.” Continue reading
Posted Aug 9, 2019 at Orlando Estate & Elder Law
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The Decedent’s Debts: Who’s on First?
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“Nursing home expenses and even funeral bills might initially be ignored or delayed during a time when survivors are seriously concerned about final VISA or Mastercard bills.” Continue reading
Posted Aug 8, 2019 at Orlando Estate & Elder Law
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Can You Bequeath Frequent Flier Miles?
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“You obviously can’t take them with you. However, upon death, you often can’t even leave your frequent-flier miles behind.” Continue reading
Posted Aug 7, 2019 at Orlando Estate & Elder Law
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Is It Possible to Recession-Proof Retirement?
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“An estimated $2.4 trillion disappeared almost overnight from Americans’ 401(k)s and IRAs, when the market crashed in 2008. This was devastating to many Americans’ retirement prospects.” Continue reading
Posted Aug 6, 2019 at Orlando Estate & Elder Law
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How To Avoid Senior Financial Abuse
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“After decades of financial independence, many adults cannot imagine a future in which they can no longer perform daily financial tasks without help.” Continue reading
Posted Aug 5, 2019 at Orlando Estate & Elder Law
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Social Security Is Just One Slice of Retirement, Not the Whole Pie
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“Tens of millions of seniors collect Social Security. Those benefits are instrumental in helping them pay the bills.” Continue reading
Posted Aug 2, 2019 at Orlando Estate & Elder Law
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The Dark Side of Reverse Mortgages
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“Reverse mortgages can be a good way for income-starved seniors to gain extra cash, when going back to work is no longer an option or desirable. The loans, which enable homeowners to tap the equity in their dwellings, also can be complex and even lead to foreclosure.” Continue reading
Posted Aug 1, 2019 at Orlando Estate & Elder Law
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Stretch IRA May be Disappearing Soon
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“If Congress gets its way, you’re going to lose the opportunity to help your children build wealth, and at the same time, they could end up in higher tax brackets for years.” Continue reading
Posted Jul 31, 2019 at Orlando Estate & Elder Law
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Can I Create POA without Giving Up Control?
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“Disability can strike suddenly and is one of the reasons appointing an agent on your behalf to act when you cannot, is so important.” Continue reading
Posted Jul 30, 2019 at Orlando Estate & Elder Law
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Social Security Error and Medicare Coverage: This One’s Not a Scam
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“A quarter of a million Medicare beneficiaries may be receiving bills for as many as five months of premiums they thought they had already paid. However, they shouldn't toss the letter in the garbage. It's not a scam or a mistake.” Continue reading
Posted Jul 29, 2019 at Orlando Estate & Elder Law
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Top Four Facts to Know about Estate Planning
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“Estate planning involves planning for how an individual’s assets will be preserved and managed.” Continue reading
Posted Jul 26, 2019 at Orlando Estate & Elder Law
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Celebrity Estates are Like Dynamite: It Takes Very Little to Set Them Off!
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“It took nearly 30 months to sort out the €110 million fortune that George Michael left behind in his will.” Continue reading
Posted Jul 25, 2019 at Orlando Estate & Elder Law
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Should Retirement Include a Small Bit of Work, on Your Terms?
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“I assumed my elderly co-workers had made poor financial decisions, which compelled them to work deep into their golden years.” Continue reading
Posted Jul 24, 2019 at Orlando Estate & Elder Law
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Why You Need a Last Will and Testament
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“Of all the documents we discuss with, and prepare for our clients, the Last Will & Testament, or will, is the best known and understood.” Continue reading
Posted Jul 23, 2019 at Orlando Estate & Elder Law
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