Landmines? What are they? What is the right amount to pay? Should there be a written agreement? What about taxes? Full discloser to all the family? How will this impact getting Veterans Benefits and Medicaid? “According to a report by the National Alliance for Care giving and AARP, 43.5 million Americans looked after a friend…
DetailsTime whizzes by and many of us still put off planning our future. It just seems too hard. I want to make it easy for you to address the estate planning side of your life. All you need to do is follow simple steps. Get out a blank piece of paper and just start writing…
Details1. Create an asset to pay for a grandchild’s education. Did you know that you could pay for a grandchild’s education by planting a black walnut tree? If you plant the tree at a child’s birth and sell it when that child goes to college, you can sell it for approximately $60,000. This is according…
DetailsThe greatest gift you can give the special people in your life is to make certain your affairs are in order. Then, they can help you if you are too ill to help yourself or deal with the issues the day you die. What a grim topic to talk about during the Holiday Season. But,…
DetailsWho would have thought? This “lame duck” session of Congress may pass a tax bill before the end of this year that has good parts and parts everyone can find objectionable. Part of the plan is an amazing proposal to increase the exemption for death taxes for estates that are $5,000,000 or less for the…
DetailsWe are a mere four weeks away from estate tax D-Day. Congress has failed to resolve the estate tax mess over the last eleven months. With the Lame Duck Congress wrestling with the Bush era tax cuts, the pundits are projecting that Congress won’t act now, either. That would mean that on Jan. 1, 2011,…
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