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MY MOTHER JUST INHERITED $60,000.

Q. My Mother just inherited $60,000. She owns her own home and has a modest income. She has few other assets. She had a stroke…

ADVANCE DIRECTIVES

Q. I did a living will almost three decades ago. Does it need to be updated?Yes. A lot has changed since 1990. The law changes…

REVOCABLE TRUSTS

This is a big one so let’s take a few steps back to ensure readers can follow along. The qualified trust rules of Internal Revenue Code…

ADVANCE DIRECTIVES

Let’s look back at some of the important medical advancements in our lifetimes.   Each summer from 1916 on there was an outbreak of polio in…

HOW DOES AN ELECTIVE SHARE WORK?

In most states the law allows a surviving spouse to make an election against decedent’s will to ensure the surviving spouse receives a fair inheritance.…

IRREVOCABLE TRUSTS

Q. How do I know if I need a revocable or irrevocable trust? A. You should consult with a legal professional that handles both kinds…