I got a lot of phone calls about long term care planning after an article on Medicaid planning I ran a month or so ago. There were common areas of concern from spouses, parents and children caring for loved ones…
1. Buy enough life insurance. A parent is irreplaceable. However, someone will have to fill in. It may be siblings or other relatives. In all likelihood, that family will have to pay for at least some services the parent or parents…
The Homestead Exemption provides tax relief to South Carolinians who are age sixty-five or older, blind, or disabled. In order to qualify you must: 1. You must be a co-tenant, have a joint with rights of survivorship interest, or a…
BACKLOGS As many of our clients know, there are tremendous backlogs on Social Security and SSI claims such that a disability appeal at the administrative law judge level can take up to 2.5 years before it is heard. The current…
In a technical sense and strictly construed a legacy is a gift or bequest in a will of personal property. An estate is a person’s interests in real and personal property both before and after death. The word legacy has…
Death is a part of life – but for the surviving family it is a time of stress, both emotional coping with loss and knowing what to do to handle the paperwork and the practicalities of what happens when a…
I think that is too young to have access to hundreds of thousands of dollars. Since he is my potential heir as well, will a trust help me from contributing to this situation and instill in him a sense of…
I am usually an optimist, but feel like we have a death sentence. I don’t know where to start to gain control over our life and I’m receiving so many suggestions. Where do I start? Start with you. I’m a…
The daughter of his sec-ond wife is giving his personal items, like guns and tools, away without consulting me and my stepmother, age 81, refuses to answer my calls. My Dad and I were very close and it hurts to…
Many people have decorated a spare bedroom with boxes of old medical insurance reimbursement statements and tax returns. While proof to grandchildren that you only earned $6,000 decades ago with both spouses employed and being able to tell them when…
