Latest Blog Posts
How to Choose the Right Business Attorney
Posted on: March 17th, 2020
A skilled attorney is a critical part of any business owner’s advisory team. Business attorneys are equipped to assist you in handling a variety of tasks that can protect you from potential legal and business pitfalls, in addition to solving existing legal issues. As important as they are to your team, finding the right business attorney may be challenging if you do not know what to look for. These tips can help you find and choose the right business attorney....
Facebook and Incapacity
Posted on: July 21st, 2012
Today nearly everyone in America and throughout the developed and developing world has a kind of very valuable asset that was almost completely unknown only 20 years ago - their digital assets. Although digital assets are very valuable, very few have any kind of plan to do anything to prevent their digital assets becoming irretrievable and therefore lost when they become incapacitated or die....
Digital Asset Planning
Posted on: July 21st, 2012
Today nearly everyone in America and throughout the developed and developing world has a kind of very valuable asset that was almost completely unknown just 20 years age - their digital assets. Although they are very valuable, very few have any kind of plan to do anything to prevent their digital assets becoming irretrievable and therefore lost when they become incapacitated or die. ...
New Shoes or the Nursing Home?
Posted on: November 19th, 2011
According to the Alzheimer’s association, “It is common for a person with dementia to wander and become lost; many do repeatedly. In fact, over 60 percent of those with dementia will wander at some point.”
Such wandering can be dangerous - even life threatening. Until now, placement in a locked ward in a nursing home has often been the only way to safeguard the dementia patient who has begun wandering.
Now, a new kind of shoe promises another option for many dementia patients and their caregivers.
...
Another Bad Place to Get Elder Law Advice
Posted on: November 5th, 2011
In this week’s "Harry’s Law" episode on NBC, a lawyer’s friend wants to divorce her husband of 60 years so he can get nursing home care without bankrupting them both.
When you or a loved one may need nursing home care, how to pay for it is a really scary subject. You need help – expert help. TV programs are NOT a good source to turn to. Neither are friends and neighbors. You need a lawyer who specializes in elder law. ...
Low Class Has Become No Class
Posted on: October 31st, 2011
President Obama’s health care law included the Community Living Assistance Services and Supports or “CLASS” Act that was to be implemented by the federal DHHS. It was to provide a long term care benefit starting in 2017. Note that I said “was.”...
Trig
Posted on: February 26th, 2011
What a difference a week makes. Last week the mention of “trig” merely brought back memories of a high school math class. Now “Trig” makes us think of the special child of Todd and Sarah Palin. Who among us didn’t laugh or at least smile when, on national TV, his sister Robin licked her palm and used it to smooth his hair. ...
The Still Uncertain Future of the Death Tax
Posted on: December 11th, 2010
Therefore, the most likely scenario for 2010 is that Congress will either offer an option for those who die in 2010 before the enactment of changes in the death tax or will make whatever change they finally agree on prospective only. Of course, the ability of the Congress to do nothing has to always be considered, so the $1 Million exemption may actually come back in 2011. ...
The Future of the Death Tax
Posted on: December 10th, 2010
In 2001, the Congress adopted a 10-year plan for the death tax, also called the estate tax. It provided for each person's exemption to increase from $1 million in 2001 to $3.5 million in 2009, be unlimited in 2010, and return to $1 million in 2010. The highest tax rate for amounts in excess of the exemption is 45% in 2009 and will be 55% in 2011 under that law....
New Medicare Web Site for Caregivers
Posted on: December 9th, 2010
Polls show that the majority of Americans wrongly believe that Medicare will pay for their custodial care if they should need it....
Couples face challenges with planning estate for second marriage
Posted on: December 8th, 2010
Napierville, Illinios, estate planning attorney Richard W. Kuhn published the following incisive article in the September 16 edition of the Napierville Sun. It is very worthwhile reading for anyone in a blended family. ...
"Family Wealth Legacy" Stories
Posted on: December 7th, 2010
As I have noted before on this blog, true estate planning is about more than just planning how to pass on your financial wealth....