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Lambros Law Office LLC
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“Parents may delay creating an elder law estate plan, because of the in-law issue. Some parents are unfortunately estranged from an adult child, only because of the problematic son-in-law or daughter-in-law.” Continue reading
Posted Jul 3, 2020 at Lambros Law Office LLC
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“It's never too early to start working on how your things will be handled, once you pass away.” Continue reading
Posted Jul 2, 2020 at Lambros Law Office LLC
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“Certain types of trusts, however, may only be used in very specific situations and a constructive trust is one of them.” Continue reading
Posted Jul 1, 2020 at Lambros Law Office LLC
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“U.S. has been making it easier for people to access long-term savings for emergencies, trading future financial security to stay afloat.” Continue reading
Posted Jun 30, 2020 at Lambros Law Office LLC
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“The most well-known ‘death’ tax is the Federal Estate and Gift Tax. However, the reality is that few people really have to worry about the cost of federal estate taxes.” Continue reading
Posted Jun 29, 2020 at Lambros Law Office LLC
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“Generally, if you own property, have life insurance and/or have other assets which total over $150,000 (including life insurance and real property), you are a candidate for asset protection.” Continue reading
Posted Jun 26, 2020 at Lambros Law Office LLC
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“It is also important to realize that it isn’t merely ‘why’ you are updating your will, but ‘when’ you are updating that can make all the difference.” Continue reading
Posted Jun 25, 2020 at Lambros Law Office LLC
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“Unfortunately, over a decade, the number of observation stays has increased exponentially and is being used, even when patients have a diagnosis and have been admitted by their own physicians.” Continue reading
Posted Jun 24, 2020 at Lambros Law Office LLC
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“Take, for example, the sad and sordid tax case of Mary Ellen Cranmer Nice vs. United States of America, which would not have existed if an attentive financial advisor hadn't noticed the large IRA distributions that were allegedly stolen right from under a matriarch’s nose.” Continue reading
Posted Jun 23, 2020 at Lambros Law Office LLC
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“There have been several law changes that affect IRAs passed since December 2019.” Continue reading
Posted Jun 22, 2020 at Lambros Law Office LLC
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“Without a proper elder law estate plan, the children’s responsibilities are even more exhausting, stressful and sad.” Continue reading
Posted Jun 19, 2020 at Lambros Law Office LLC
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“Estate planning strategies such as family limited partnerships and gifts to charitable trusts are part of an estate planning professional’s toolbox to achieve client goals, such as minimizing taxes, effectuating philanthropic plans, teaching younger generations about a family business and passing on wealth.” Continue reading
Posted Jun 18, 2020 at Lambros Law Office LLC
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“The world exists just as much online, as it does offline. Failing to recognize that when planning for the end of life, can lead to unexpected repercussions for survivors.” Continue reading
Posted Jun 17, 2020 at Lambros Law Office LLC
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“Whether you’re planning ahead for your own heirs or have been asked to serve as executor for someone else, it pays to understand what the role requires.” Continue reading
Posted Jun 16, 2020 at Lambros Law Office LLC
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“If there's a family member or a friend in your life who refuses to do their will and get their estate in order, here are some tips to finally get them to take action.” Continue reading
Posted Jun 12, 2020 at Lambros Law Office LLC
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“Covid-19 or Coronavirus has created health worries and fear for everyone. For those with underlying health issues, which include multiple sclerosis, Parkinson’s disease, Alzheimer’s disease, or other brain diseases, those concerns are even more pronounced.” Continue reading
Posted Jun 11, 2020 at Lambros Law Office LLC
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“What steps can be put into place to ensure an adult child, who makes poor decisions, will be secure after the death of the parent? The main asset is life insurance.” Continue reading
Posted Jun 10, 2020 at Lambros Law Office LLC
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“With all these anxieties and unknowns weighing on your mind, it might feel like there’s suddenly a pressing need to get your affairs in order―just in case.” Continue reading
Posted Jun 9, 2020 at Lambros Law Office LLC
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“Simultaneously, T&E practitioners are well aware of the primary risk posed by a GRAT; namely, the mortality of a grantor during the GRAT’s term.” Continue reading
Posted Jun 8, 2020 at Lambros Law Office LLC
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“Here is what you need to know about delaying required withdrawals from a retirement account until 2021.” Continue reading
Posted Jun 5, 2020 at Lambros Law Office LLC
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“External events that cause reflection are good reminders to update estate planning documents.” Continue reading
Posted Jun 4, 2020 at Lambros Law Office LLC
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“To put it bluntly, what if you were in a serious accident or were suddenly rushed to the hospital with COVID-19 symptoms or another life-threatening illness, and you were unable to make health care decisions for yourself?” Continue reading
Posted Jun 3, 2020 at Lambros Law Office LLC
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“In a lawsuit, Marie Bosarge claims that her estranged husband, Texas billionaire Ed Bosarge, created trusts ‘to hide income and property and to hold what would otherwise have been personal income and assets.’” Continue reading
Posted Jun 2, 2020 at Lambros Law Office LLC
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“If your will was signed before 2013 and you have a so-called by-pass estate tax saving trust that is no longer necessary, you really should update and simplify your will.” Continue reading
Posted Jun 1, 2020 at Lambros Law Office LLC
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“Utilization of a testamentary trust for the surviving spouse is an excellent idea, whether the survivor is the husband or wife.” Continue reading
Posted May 29, 2020 at Lambros Law Office LLC