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Garland Law Offices, P.A.
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“Selecting appropriate guardians will ensure that your minor children are cared for, if you pass away.” Selecting a guardian to care for your minor child after you die isn’t a lot of fun. Who wants to think about a situation where their young children are left to mourn their parents... Continue reading
Posted 11 hours ago at Garland Law Offices, P.A.
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“Washington state lawmakers passed bills this session to make the guardianship application process easier for parents.” Public News Service’s recent article, “Guardianship Process to Be Streamlined in WA,” quotes Sterling Harders, president of Service Employees International Union 775, who says her union represents thousands of parents who care for children... Continue reading
Posted 3 days ago at Garland Law Offices, P.A.
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“Westmoreland County’s Director of Veterans Affairs is reminding veterans that applying for benefits should never come with a fee.” The Tribune-Review’s article, “Veterans don’t need to pay for help to apply for benefits in Pa,” explains that the issue of military veterans being charged when applying for benefits is a... Continue reading
Posted 4 days ago at Garland Law Offices, P.A.
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“If you have a medical issue that will certainly lead to death and significant costs, is it wise to legally divorce ahead of your death, so that the person dying owns very little beyond their health care coverage to protect assets from the likes of the medical insurance community?” It... Continue reading
Posted 5 days ago at Garland Law Offices, P.A.
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“Billionaire Robert F. Smith made the 2019 class of Morehouse College graduates very happy over the weekend, when he pledged to pay off their student debt.” Billionaire Robert F. Smith told nearly 400 graduates of the historically black, all-male Morehouse College in Atlanta at their May graduation ceremony that he... Continue reading
Posted 6 days ago at Garland Law Offices, P.A.
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“Sens. Ben Cardin, D-Md., and Rob Portman, R-Ohio, reintroduced legislation late Monday that would raise the required minimum distribution age from 70 ½ to 75 and also help workers pay off their student loans.” Senator Ben Cardin and Rob Portman’s Retirement Security and Savings Act of 2019 overlaps with some... Continue reading
Posted 7 days ago at Garland Law Offices, P.A.
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“Washington state lawmakers passed bills this session to make the guardianship application process easier for parents.” Public News Service’s recent article, “Guardianship Process to Be Streamlined in WA,” quotes Sterling Harders, president of Service Employees International Union 775, who says her union represents thousands of parents who care for children... Continue reading
Posted Jun 14, 2019 at Garland Law Offices, P.A.
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“Westmoreland County’s Director of Veterans Affairs is reminding veterans that applying for benefits should never come with a fee.” The Tribune-Review’s article, “Veterans don’t need to pay for help to apply for benefits in Pa,” explains that the issue of military veterans being charged when applying for benefits is a... Continue reading
Posted Jun 13, 2019 at Garland Law Offices, P.A.
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“If you have a medical issue that will certainly lead to death and significant costs, is it wise to legally divorce ahead of your death, so that the person dying owns very little beyond their health care coverage to protect assets from the likes of the medical insurance community?” It... Continue reading
Posted Jun 12, 2019 at Garland Law Offices, P.A.
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“Billionaire Robert F. Smith made the 2019 class of Morehouse College graduates very happy over the weekend, when he pledged to pay off their student debt.” Billionaire Robert F. Smith told nearly 400 graduates of the historically black, all-male Morehouse College in Atlanta at their May graduation ceremony that he... Continue reading
Posted Jun 11, 2019 at Garland Law Offices, P.A.
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“Sens. Ben Cardin, D-Md., and Rob Portman, R-Ohio, reintroduced legislation late Monday that would raise the required minimum distribution age from 70 ½ to 75 and also help workers pay off their student loans.” Senator Ben Cardin and Rob Portman’s Retirement Security and Savings Act of 2019 overlaps with some... Continue reading
Posted Jun 10, 2019 at Garland Law Offices, P.A.
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“Humans are great at avoidance. We don’t want to experience pain, be faced with unpleasant facts or deal with anything we consider to be too far in the future.” Evolutionary psychologists think there’s an innate reason for people not wanting to discuss death and estate planning. They say our brains... Continue reading
Posted Jun 7, 2019 at Garland Law Offices, P.A.
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“If you didn't take out the correct required minimum distribution because your brokerage firm made a mistake, the IRS may how some leniency.” It’s not uncommon for an individual to inaccurately calculate their required minimum distribution (RMD) for their account. Maybe you forgot that your brokerage firm divided the account... Continue reading
Posted Jun 6, 2019 at Garland Law Offices, P.A.
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“Having a solid end-of-life plan in place, can be a big help to you and your family when the time comes. In addition to getting your financial affairs in order through the estate planning process, it’s also a good idea to set up medical power of attorney.” A medical power... Continue reading
Posted Jun 5, 2019 at Garland Law Offices, P.A.
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“Americans distributed an average of $9,200 from their IRAs to charities from 2017 to 2018, according to a new report from FreeWill, a fundraising firm.” Qualified Charitable Distributions (QCDs) from IRAs, also known as IRA charitable rollover gifts, increased by 73.8% from 2017 to 2018, and 92% of nonprofit organizations... Continue reading
Posted Jun 4, 2019 at Garland Law Offices, P.A.
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“IRA rules can be tricky, and some have even changed over the years. Therefore, you need to be careful or you could pay income tax and penalties.” If you’re considering rolling your traditional IRAs from one financial institution to another, Investopedia’s article, “Common IRA Rollover Mistakes” provides an overview of... Continue reading
Posted Jun 3, 2019 at Garland Law Offices, P.A.
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“The Consumers First Act could also come up for a vote soon, Majority Leader Steny Hoyer says.” House Majority Leader Steny Hoyer, a Democrat from Maryland, informed the House Democratic Caucus in an April 25th “Dear Colleague” letter that he intends to bring H.R. 1994, the Setting Every Community Up... Continue reading
Posted May 31, 2019 at Garland Law Offices, P.A.
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“When the news hit that Adele was ending her 7-year marriage to her partner, Simon Konecki–the world was shocked. The notoriously private singer has kept her relationship under wraps–so the world just assumed that she and Konecki were raising their son and living out the dream away from the spotlight.”... Continue reading
Posted May 30, 2019 at Garland Law Offices, P.A.
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“You've heard of signing a prenuptial agreement to protect assets in the event of divorce, but now parents are considering the idea of a 'baby-nup' to make sure childcare is divided equally.” The idea of a baby-nup has recently started to gain interest on social media. However, it’s been further... Continue reading
Posted May 29, 2019 at Garland Law Offices, P.A.
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“Doctors have newly outlined a type of dementia that could be more common than Alzheimer's among the oldest adults, according to a report published Tuesday in the journal Brain.” The disease, called LATE, may often replicate the symptoms of Alzheimer's disease. However, it impacts the brain differently and develops more... Continue reading
Posted May 28, 2019 at Garland Law Offices, P.A.
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“Does getting married later, have any effect on retirement saving?” New research from Boston College’s Center for Retirement Research has analyzed individuals’ contributions to a 401(k) plan, before and after marriage. “Millennials marry later than previous generations. Since marriage is a major life milestone that often marks a line between... Continue reading
Posted May 27, 2019 at Garland Law Offices, P.A.
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“Angelina Jolie has reportedly laid out the details of her estate, according to Radar Online, revealing that she plans to leave her $116 million-dollar fortune to only one of her six children, her son Maddox.” Angelina Jolie has made the decision to reward her son Maddox for supporting her during... Continue reading
Posted May 24, 2019 at Garland Law Offices, P.A.
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“As it turns out, though, living wills and durable power of attorney for healthcare are two things that single people might especially want to give some thought to.” Morningstar’s article, “2 Estate-Planning Tools That Singles Should Consider” explains that a living will, or advance medical directive, is a legal document... Continue reading
Posted May 23, 2019 at Garland Law Offices, P.A.
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“Investors hear a lot about the importance of diversifying their retirement portfolio. Having the right mix of small and large caps, U.S., international, bond and alternative investments is critical to your long-term success. However, what about tax diversification? This can be just as important as what kinds of stocks, bonds... Continue reading
Posted May 22, 2019 at Garland Law Offices, P.A.
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“Greater Green Bay Community Foundation leaders say the Heims' donation is the largest they've ever received. The couple quietly supported the same causes during their lifetimes.” The Greater Green Bay Community Foundation (GGBCF) has received over $21 million in charitable donations this year to help causes in the area. One... Continue reading
Posted May 21, 2019 at Garland Law Offices, P.A.