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Legacy Law Group PLLC
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“Rolling over 401(k) funds into a new employer's plan is not always the best fit for all workers…” Continue reading
Posted Jun 29, 2018 at Legacy Law Group, P.C.
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Usually a person feels honored and trusted when asked to be the executor of a family member’s estate. It’s a big responsibility, since the executor will be carrying out a person’s final wishes. If you are asked to be one, it is a good idea to know some of the duties it entails before taking on the task. Continue reading
Posted Jun 28, 2018 at Legacy Law Group, P.C.
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“Kasem and her siblings were banned from seeing or talking to their father, Casey, in the last years of his life. He was isolated and no law prevented the abuse.” Continue reading
Posted Jun 27, 2018 at Legacy Law Group, P.C.
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“If your child relies on Medicaid services, how can you ensure that when you die, the money you leave them doesn't cause them to lose that vital support system? A Supplemental Needs Trust could be the answer.” Continue reading
Posted Jun 26, 2018 at Legacy Law Group, P.C.
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“Financial advisors often recommend annuities for retirement income—for example, to solve for "longevity risk." However, if clients or their spouses seek to qualify for Medicaid, they'd better be careful. Certain types of annuities can harm Medicaid eligibility, while others can actually be helpful.” Continue reading
Posted Jun 25, 2018 at Legacy Law Group, P.C.
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“On May 2, the Michigan House Appropriations Committee held its first hearing on Senate Bill 897, which would require Medicaid recipients to work 29 hours per week in order to remain on Medicaid.” Continue reading
Posted Jun 22, 2018 at Legacy Law Group, P.C.
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“A report from the Kaufman Foundation found that baby boomers are twice as likely to plan on starting a business as millennials, and the percentage of businesses being started by Americans 55 and older is steadily increasing.” Continue reading
Posted Jun 22, 2018 at Legacy Law Group, P.C.
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“As life spans get longer and longer, there are now more challenges and opportunities involved with navigating transitions before and during retirement. Here's what you need to know.” Continue reading
Posted Jun 21, 2018 at Legacy Law Group, P.C.
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“Not having a concrete plan, can make you susceptible to financial mishaps, particularly elder fraud.” Continue reading
Posted Jun 20, 2018 at Legacy Law Group, P.C.
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“In a unanimous opinion, the Second District Court of Appeals found that FX and Ryan Murphy, the show’s creator, were protected under the First Amendment from de Havilland’s claims that the show cast her in a “false light,” used her likeness without permission and should have compensated her.” Continue reading
Posted Jun 19, 2018 at Legacy Law Group, P.C.
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“The late Alan Thicke's wife, Tanya Callau, is claiming that the actor's sons, Robin and Brennan, are spending their father's money, while holding on to her inheritance.” Continue reading
Posted Jun 8, 2018 at Legacy Law Group, P.C.
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“Estate planning's goal often is to ensure your wealth improves the lives of one or more generations of your family.” Continue reading
Posted Jun 7, 2018 at Legacy Law Group, P.C.
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“Can't find your old 401(k) or that old pension? Here is how to track your money down.” Continue reading
Posted Jun 6, 2018 at Legacy Law Group, P.C.
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“Jason Barrett, Flagler Hospital’s President, said philanthropic efforts are critical in the health care industry, especially for not-for-profit hospitals.” Continue reading
Posted Jun 5, 2018 at Legacy Law Group, P.C.
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“Naming a beneficiary on a retirement account and designating a person as the POD beneficiary both accomplish the very same thing.” Continue reading
Posted Jun 4, 2018 at Legacy Law Group, P.C.
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“If you're planning on relying solely on your Social Security check for retirement, you may want to reconsider. Here's why.” Continue reading
Posted Jun 1, 2018 at Legacy Law Group, P.C.
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“A trust is a valuable tool to leave a legacy and plan for taxes, but only if you set it up so that it works just as you intended. Unfortunately, people tend to make one very common, and basic, mistake.” Continue reading
Posted May 30, 2018 at Legacy Law Group, P.C.
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“Let’s consider what happens with a married couple, where the first spouse to die has a relatively small estate, which doesn’t use all the estate-tax credit. What happens when the second spouse dies, and their respective estate is more than their applicable estate-tax credit?” Continue reading
Posted May 30, 2018 at Legacy Law Group, P.C.
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“Establishing a conservatorship of any kind can be complicated and time consuming, especially for someone with no legal training. Most experts say it’s wise to consult an attorney.” Continue reading
Posted May 29, 2018 at Legacy Law Group, P.C.
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“New research finds waning confidence in Social Security, as more Americans expect to work longer.” Continue reading
Posted May 28, 2018 at Legacy Law Group, P.C.
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“Separating financial facts from fiction, will help you budget correctly for retirement.” Continue reading
Posted May 25, 2018 at Legacy Law Group, P.C.
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“If you are taking control of a trust for your own benefit, one source of fear may simply be fear of the unknown.” Continue reading
Posted May 24, 2018 at Legacy Law Group, P.C.
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“The recent passing of First Lady Barbara Bush has touched many Americans deeply. Affectionately known as the ‘Silver Fox,’ Bush was an advocate for both children and literacy in the United States. She was the matriarch of a family that has been at the political forefront for over 40 years. She was also a wife, mother, grandmother and great-grandmother.” Continue reading
Posted May 23, 2018 at Legacy Law Group, P.C.
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“Going through the process of financial planning and estate planning, many issues come to light. In a well-executed financial plan, no stone in your personal life should be left unturned or unexamined.” Continue reading
Posted May 22, 2018 at Legacy Law Group, P.C.
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“When is the last time you updated your beneficiary designations?” Continue reading
Posted May 21, 2018 at Legacy Law Group, P.C.