Can You Gift Money on Your Deathbed?
One sure-fire way your clients can reduce the size of their taxable estate is to give gifts to loved ones while they’re still alive. But when are ‘deathbed gifts’ considered to be complete for estate and gift tax purposes?
The Most Important Part of Estate Plan Is Planning for Life
Does a person need a Power of Attorney document if that person already has a Last Will and Testament (‘Will’)? It is a good question.
Are Trusts a Useful Tool?
One type of trust, the qualified perpetual trust, can be used to pass assets down to your beneficiaries, decade after decade.
Why are Many Dementia Cases Undiagnosed?
More than 41 million people living with dementia worldwide have not yet been diagnosed, according to a report by Alzheimer’s Disease International (ADI).
Medicaid Crisis Planning for Long Term Care Costs
In general, estate planning is a practice that requires forward thinking. However, sometimes estate planning must occur in the midst of a crisis.
How Do I Store Advance Directives & Estate Planning Documents?
A common dilemma that families face upon the incapacity or death of a loved one is locating estate planning documents. While preparing the documents are the most important step, that is irrelevant if the documents are lost when they most need to be used.
How to Make Home Caregiving Easier
Caregiving is hard, but don’t let your home make it harder.
What Do Higher Interest Rates Mean for Pensions?
Higher rates mean a lower lump sum. You are discounting [the value] of a stream of future payments.
Moody Gardens Provides Hope
Did you know that Moody Gardens Galveston Island provides more than just education, recreation, & fun? It is also the site of Hope Therapy, a therapeutic recreation and vocational training program for individuals with disabilities.
Avoiding Home Improvement Scams
Predators robbing seniors of their savings has been called “the fastest growing crime in the country.” Older adults are prime targets for financial exploitation, both by people they know and trust and by strangers. Financial exploitation is believed to cost older adults over $36 billion annually.
