Caring for Your Aging Dad

Aging Dad Estate Planning

Aging dads fall into two categories: those who adapt to change even if it means allowing others to help, and those who refuse to give up any kind of control. How can you help, when it becomes clear that Dad needs you, and your roles begin to reverse?

What Do I Need to Do Right after Spouse Dies?

grief

Losing a loved one is never easy, even if you were anticipating the loss. During the hours and days following the death of a spouse or a close family member, you may be in shock and you will likely be disoriented, emotional and feeling like you’re in a constant fog.

How Fathers Leave a Legacy of Caring

Father's Day Legacy

Congratulations, Dad. You’ve raised your children, who now have children of their own. Despite all the obstacles of recent years, the family is thriving. You feel good about how you’ve led your life and are hopeful about the years ahead. The next thing on your agenda: creating a legacy of caring for your family. This […]

What New Fathers Need to Know About Estate Planning

New Fathers Estate Planning

New fathers actively engaged in their children’s lives understand their responsibility to plan for the future. While the idea of parents dying and leaving young children without loving parents is unimaginable, it does happen.

When are You Required to File a Gift Tax Return?

Gift and Estate Tax Planning

The IRS wants to know how much you’re gifting over the course of your lifetime. This is because while gifts may be based on generosity, they are also a strategy for avoiding taxes, including estate taxes, reports The Street in a recent article “Do I Need to File a Gift Tax Return?” Knowing whether you…

What If an Estate Owes Back Taxes?

Update Will

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?

Why Should I Have a Living Will?

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.

What Does an Elder Law Attorney Do?

National Elder Law Foundation

Estate Planning may not be something you necessarily WANT to think about, but it could protect your interests and wishes long after you are gone.