What If an Estate Owes Back Taxes?
My mother passed, and she was an administrator of my grandfather’s estate and the inheritances. The estate accumulated quite a bit of back taxes over the years. Will the IRS put a lien on that estate as well as hers to retrieve funds?
How to File Tax Return When Mom Passes Away
No one likes doing taxes, but the task is even more daunting when filing a return for someone who has died.
What’s Elder Law and Do I Need It?
Why Elder Law Is Necessary? In two words: baby boomers.
Why Should I Have a Living Will?
As a review of terms, a will is a legal document that specifies how a person’s estate should be handled only after that person’s death. A living will has nothing to do with how your “things” like property, money, jewelry, etc. are to be distributed. Unlike a will, it is, in fact, a document that comes into play while you’re still alive.
How Do I Hire a Caregiver from an Agency?
Once you have a list of promising agencies, arrange a consultation. AARP has a checklist of important questions to ask before signing a home health contract.
Can I Claim Grandfather’s Unclaimed Insurance Policy?
Insurance claims can be made at any time, even years after the death of the policy holder.
Can I Restructure Assets to Qualify for Medicaid?
Several types of special income trusts and other strategies can be helpful, when trying to protect your family’s assets from the devastating costs of long-term care.
Do I Have to Pay Off My Deceased Husband’s Debts?
Losing your spouse is a painful, confusing time, but add to that repeated calls from an aggressive debt collector and a bad situation suddenly can get even worse.
Will I Be Ready for Long-Term Care?
For some, retirement means ‘where will we play today’s round of golf?’ For others, it could mean, ‘do I pay for my meds or my rent?’ In either case, a few concerns touch every retiree. The topic of long-term care is one of them, at least subconsciously. The question that causes more than a few sleepless nights is, ‘What happens when I can’t take care of myself anymore?’
How Do I Know If Dad Needs Personal Care Help?
Relationships can be complicated under the best of circumstances. However, when you see someone you love — like an aging parent, grandparent or close friend — struggle to take care of their health, stepping in isn’t always so simple.
