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Dorsch Law Firm
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It is estimated that over 60 million families are caring for an aging or disabled person at home. At least 80-90% of caregivers are women. A recent article in Forbes stated that the average caregiver today is a midlife woman who already earns less on average than her male counterparts.... Continue reading
Posted Jan 5, 2016 at Overland Park Attorney
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It is normally a good idea to tell your family how you plan to distribute your assets in your estate plan. It is a good way to help prevent fighting later on. However, what happens when you later change your mind and your family already has plans about how to... Continue reading
Posted Jan 4, 2016 at Overland Park Attorney
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Retirement planning isn't easy. Nearly half of Americans don't feel financially prepared to live to age 75, according to a survey from Northwestern Mutual. But the process is a lot less burdensome if you break the task down into simpler parts. Here are seven questions to ask as you plan... Continue reading
Posted Jan 1, 2016 at Overland Park Attorney
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Adult children have reason to be wary when their parents start talking about reverse mortgages. The loans make sense only for those who plan to stay in their homes for the rest of their lives and can afford to pay property taxes and insurance for that long. But elder law... Continue reading
Posted Dec 31, 2015 at Overland Park Attorney
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Elderly residents have had the added protection of a law which protects against fraud and financial abuse. This law protects against the crime of mistreatment of an elder person. The law is aimed at protecting people 70 and older who are victims of financial abuse. People convicted of large-scale abuse... Continue reading
Posted Dec 30, 2015 at Overland Park Attorney
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In the rush to button down an estate plan, people often spend most of their time focusing on the big questions and overlook small—but increasingly crucial—details. According to an article in the Wall Street Journal, there are approximately 400,000 pets each year looking for new homes because their owners die.... Continue reading
Posted Dec 29, 2015 at Overland Park Attorney
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One of China's wealthiest men recently passed away at the age of 93. He left behind a will that gave almost all of his assets to charity. His sons are contesting the will. Hong Kong real estate magnate Yu Pengnian passed away with a fortune believed to be worth US$1.55... Continue reading
Posted Dec 28, 2015 at Overland Park Attorney
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If you collect anything of value, figuring out what to do with the collection is an important part of estate planning. Any decision you make is likely to have tax consequences for you or your heirs. It does not matter what you collect. It could be art, antiques or movie... Continue reading
Posted Dec 25, 2015 at Overland Park Attorney
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In the U.S. 40 million acres of land are subject to conservation easements. It can be difficult for heirs and other property owners to make adjustments to these easements. The last few decades have seen a growing awareness of environmental concerns in the U.S. and throughout the world. While there... Continue reading
Posted Dec 24, 2015 at Overland Park Attorney
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Incentive trusts are a popular way for people to encourage good behavior from their heirs. However, incentive trusts have limitations and you should be aware of them. Everyone would like to see his or her heirs do well for themselves. A real fear exists that if an heir is given... Continue reading
Posted Dec 23, 2015 at Overland Park Attorney
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An increasing number of Americans are not able to pay off their debts before they pass away. This can create issues for those people's retirement plans and for their estates. In "1 in 5 Americans will die in debt" MarketWatch discusses the phenomenon that more and more Americans likely will... Continue reading
Posted Dec 22, 2015 at Overland Park Attorney
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It has become an inevitability that just when you think the controversy surrounding Michael Jackson's estate has finally quieted, yet another issue appears in the news. This time it is another lawsuit filed over alleged wrongdoing of the estate's administrators. Michael Jackson's estate has been a difficult is the least... Continue reading
Posted Dec 21, 2015 at Overland Park Attorney
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People frequently use their estate plans as a way of continuing to support things they love after they pass away. One woman in Italy recently did so by bequeathing her home to stray cats. The late Fiorella Scannabissi of Bologna, Italy loved cats. During her lifetime she took in many... Continue reading
Posted Dec 18, 2015 at Overland Park Attorney
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Family fighting over estate plans and court challenges are sometimes inevitable and unavoidable. When people feel slighted or have grievances, they often feel compelled to fight to the end. However, it might help to avoid court challenges to your estate plan if you gave your family a chance to express... Continue reading
Posted Dec 17, 2015 at Overland Park Attorney
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Some celebrities continue to have a cultural impact long after they have passed away. Stars such as Marilyn Monroe, James Dean and Michael Jackson have lasting legacies that make money for their estates through licensing of their likenesses and copyrighted works. One such celebrity, if you can call him a... Continue reading
Posted Dec 16, 2015 at Overland Park Attorney
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When iPhones first came on the market Apple marketed them with the line "There's an app for that." The idea was that there was an app for anything you could possibly want to do. However, there was not, at the time, an app to plan for your own demise. Now... Continue reading
Posted Dec 15, 2015 at Overland Park Attorney
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If you give a teenager a large sum of money and tell him or her that it can be spent however the teen wants, you can guarantee that a large portion of it will be wasted if not all of it. It is no different for teenagers who receive extremely... Continue reading
Posted Dec 14, 2015 at Overland Park Attorney
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A feud that began with a bitter child custody battle might have led to one of the attorneys in the case being charged with falsifying a will and theft. Louisiana attorney Michael Cox represented Michael Davisson in a custody battle against Davisson's ex-wife and her new husband Chris Broussard. Unfortunately,... Continue reading
Posted Dec 11, 2015 at Overland Park Attorney
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The NFL has been under heavy fire in recent years about the long term damage that repeated blows to the head can do to football players. Hall of Famer Frank Gifford is one of the latest former player to have been confirmed to have suffered these consequences. Scientists are not... Continue reading
Posted Dec 10, 2015 at Overland Park Attorney
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People are already living much longer than in the past causing stress on many retirement and estate plans. Imagine what would happen if people lived 50% longer lives on average than they do now. It could be a reality soon, really! Biologically speaking, it is not a necessity for the... Continue reading
Posted Dec 9, 2015 at Overland Park Attorney
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Identity thieves do not content themselves with just taking out credit cards in their victims' names. No, they also often file fraudulent tax returns for refund checks to further benefit themselves. A new IRS policy should help victims figure out what happened. Imagine receiving a letter from the IRS that... Continue reading
Posted Dec 8, 2015 at Overland Park Attorney
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If you do not want to be disinherited by your relatives, it might be helpful to know what actions often lead to disinheritances so that you can avoid them. Normally when someone is disinherited it comes with anger and surprise. This is because often people do not think that they... Continue reading
Posted Dec 7, 2015 at Overland Park Attorney
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Morgan Freeman's granddaughter was tragically murdered. The actor has gotten involved in a probate case to determine who her heirs will be. In August, E'Dena Hines was stabbed to death by her boyfriend who seemed to believe that she was possessed as he allegedly shouted, "Get out, devils! I cast... Continue reading
Posted Dec 4, 2015 at Overland Park Attorney
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Increasingly people are making provisions in their estate plans for their pets. If you would like to do the same, then you have a few options for how to do it. In the past people gave little thought to what might happen to their pets after they passed away. It... Continue reading
Posted Dec 3, 2015 at Overland Park Attorney
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The aftermath of a high-profile police shooting incident in Cincinnati illustrates a central tenet of estate law when a person passes away without an estate plan. The death of Sam DuBose received massive media attention and sparked national outrage. In July, DuBose was shot and killed by a University of... Continue reading
Posted Dec 2, 2015 at Overland Park Attorney