What The New Tax Bill Means For You

Congress passed the Tax Cuts and Jobs Act in December of 2017 which is aimed at cutting taxes for corporations and all Americans. While the bulk of the legislation went into effect January 2018, most taxpayers will not see much of a difference in their taxes until 2019, when they file their 2018 taxes. However, (more…)

Probate Avoidance and Your Estate Plan

Avoiding probate is a common estate planning goal due to the cost, complexity, and lack of privacy involved in the probate process. Even when it’s not possible to avoid probate entirely, estate planning strategies can be used to remove some assets from probate. Probate avoidance needs to be considered in conjunction with your other estate (more…)

When to Update Your Will

Whenever a major life event happens—marriage, divorce, or the birth of a child—you should sit down with your attorney and review your estate plan. But even when your life situation remains the same, it’s still a good idea to review your will and other estate planning documents periodically. Laws can change, and you may want (more…)

How to Recognize Nursing Home Abuse or Neglect

Nursing home abuse or neglect is defined generally as any action or failure to act that causes unreasonable suffering, misery, or harm to the patient. It can include assault of a patient, but can also include withholding necessary food, medical attention, or physical care from the patient. It is important that families stay involved in (more…)

Estate Planning for Blended Families

Blended families have unique estate planning needs. While everyone can benefit from  creating a comprehensive estate plan, individuals with stepchildren or children from a previous marriage may have more complex estate planning needs. Several estate planning issues arise when a person enters into a second marriage. If you have an existing estate plan, it will (more…)

How Divorce Impacts Your Bankruptcy Case

Divorce and bankruptcy can overlap for couples who are having both relationship and financial problems. Dealing with both of these issues at once can be complex and require an understanding of various different laws. Bankruptcy is controlled primarily by federal law, while divorce is handled in state court. Some bankruptcy laws may impact your divorce, (more…)

Alzheimer’s 101 – Understanding the Basics

What is Alzheimer’s Disease? Alzheimer’s disease is defined as an irreversible, progressive mental deterioration that can occur in middle or old age. It is the most common form of dementia. What causes Alzheimer’s Disease? Alzheimer’s disease is caused by a generalized deterioration of the brain. The disease is caused by a combination of factors, including (more…)

5 Things to Include in an Estate Plan

Estate planning is important for people of all ages, but as we age, the need for planning becomes even more critical. Many people avoid estate planning, because they do not want to think about the end of life, failing health or disability. Others believe that an estate plan is only for rich people. However, an (more…)

What is a Qualified Domestic Relations Order?

A qualified domestic relations order (QDRO) is used to assign rights to a qualified retirement account to another person. 401(k)’s are perhaps the most common type of qualified plan, but there are other types as well. Without a QDRO, you have no right to receive funds from your spouse’s qualified retirement plan. Even if your (more…)

ADVANCED CARE DIRECTIVES: ARE THEY NECESSARY?

Most of us don’t like to think about the possibility of something harmful happening to us or a loved one. Because of this, we rarely think about how to protect ourselves and our loved ones if the worst were to happen. However, just as it is important to buy home insurance to protect your home (more…)