The interplay between divorce and trust interests may be one of the most vexing for practitioners and mediators. This primer attempts to synthesize the legal landscape in this area and to demystify the issue so that we may better serve our clients. Read the article by Attorney Jonathan Fields.
Planning Ahead for the Medicaid Look Back Period
It is always a good idea to start thinking about long-term planning early so that you are financially prepared for the future and your mind can be at ease if future hardship should occur. While estate planning is one endeavor that is best tackled early, long-term health care is another important issue and one that will impact you during your life, as well as impacting your family and beneficiaries. Read more.
How Estate Taxes May Impact your Life Insurance Policy
In the process of estate planning, there are many things to consider. An estate planning attorney can be essential to formulating a sound plan that is best tailored to your individual situation and long-term legacy.
Life insurance is a staple of many estate plans, but there is one factor that is often overlooked when people start thinking about life insurance and estate planning: taxes. While life insurance policies can be passed on free of income tax for the beneficiary, the same can not always be said about estate tax. Read more.
Long-Term Care Premium Deductibility Limits Increase in 2014
While the importance of healthcare is a topic that is often discussed, many people fail to take long-term care insurance into consideration. Yet, long-term care insurance can be just as essential to your financial plan as any other preparation done for retirement. While no one wants to consider that they or their loved ones may need long-term care, it is a reality that is faced by many who have entered retirement with all of their bases covered – except for one. There are many reasons why discussions of long-term care coverage are often avoided. Long-termcare insurance can be pricey and is often thought an unnecessary financial expense, yet it may save you money and provide priceless piece of mind. Read more.