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Without guidelines, the responsibilities of maintaining property by a life tenant can grow into big problems. Giving a person life tenant rights can be a good way to avoid some family conflicts and make sure that property stays in the family. However, it can also create different conflicts, according to the Edinburg Review in “Designate […]
Challenging a will may be easy. However, winning the suit isn’t. When a will is written that results in granting what someone wants other than the testator, it is known as “undue influence,” according to My Prime Time News in “Undue Influence.” Undue influence can happen when someone who benefits from a will encourages the […]
Las Vegas killer leaves large estate, but fair compensation for the victims will be a challenge. Despite a hefty estate of $5 million left behind, it will be difficult to compensate the victims of Las Vegas mass shooter Stephen Paddock, according to The New York Times in “The Las Vegas Gunman Was Rich. Will His […]
Here’s another reason to be excited: WE DID IT!! Michael worked the phones with the NYS Dept. of Health and coordinated with the New York Chapter of the National Academy of Elder Law Attorneys to get NYS into compliance with the Special Needs Fairness Act that he worked so hard to pass and succeeded in […]
As the cost for caring for the elderly increases, the amount of inheritance decreases. In wealthy countries, the idea of leaving an inheritance is in jeopardy and may become a distant memory for middle class families, according to the Financial Times in “Opinion Today: The end of inheritance.” Receiving even a small inheritance from parents, […]
Pensions used to be a main portion of the American benefits package, but times have changed. Many companies in the U.S. did away with pension plans for their employees in the 1970s and switched to 401(k) plans, according to the Washington Post in “‘I hope I can quit working in a few years’: A preview […]
It is a good idea to find out how a power of attorney will fit your unique circumstances. Powers of attorney can be easily obtained online. However, some of the issues they create can be masked, according to MD Magazine in “Five Questions to Ask About Your Financial POA.” The problem is that form documents contain […]
The new tax law has enough big changes that you need to review your estate plan to make sure that you are taking advantage of the best options in the new environment. It is a good idea to review your estate plan with sufficient frequency to make sure it still does what you want in […]
A Tennessee woman has given birth to a baby, after the successful implantation of an embryo that was frozen 24 years ago. The medical world is making advances in many fields, including all kinds of technologically enhanced pregnancy and birthing methods. Eggs, sperm and embryos can all be frozen today and used later to create […]
A new survey reveals that Americans view nursing homes so negatively, that the majority prefer death to living in one. Nursing homes do not have a good reputation in the United States. The common perception of them is as cold, uncaring places where people go to pass away, isolated and alone. It has been known […]
