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06
02, 2023
Senior man sitting with his caregiver at home, discussing estate planning strategies while both smiling, highlighting the importance of considering caregivers in estate plans.

3 Tips When Including Caregivers in Your Estate Planning

February 6, 2023
November marks National Family Caregivers Month. You may have a caregiver in your life to whom you wish to bestow your gratitude by designating them as an heir in your estate plan. Whether your caregiver is your own child —…
03
02, 2023
A bouquet of flowers placed on a gravestone, symbolizing the cessation of a power of attorney's effectiveness upon death, central to estate planning and elder law discussions.

Does Power of Attorney End at Death?

February 3, 2023
A power of attorney is a powerful planning document that enables you (the principal) to give another person (the agent or attorney-in-fact) the power to act for you while you are alive. Because it is often prepared in the context of…
02
02, 2023
Image of a man steepling his fingers, symbolizing the careful consideration and responsibilities involved in estate planning and appointing an executor.

Appointing an Executor? Here’s What an Executor Cannot Do

February 2, 2023
The person you name as your executor will be accountable for a number of important tasks, even in managing the administration of a small estate. This may include filing tax returns, keeping meticulous records, and distributing assets to your beneficiaries.…
31
01, 2023
Adult daughter kisses her senior mother in a cafe, symbolizing family connection and the relevance of estate planning and recent changes in gift tax and estate tax exclusions.

IRS Raising Annual Gift Tax and Estate Tax Exclusions in 2023

January 31, 2023
Although inflation is generally nothing to be pleased about, the IRS recently announced inflation-adjusted changes to the annual gift tax and estate tax exclusions for 2023. If you are considering wealth transfer tax planning, these are welcome increases. Gift Tax…
27
01, 2023
A wooden cottage sits atop a mountain with a breathtaking view, representing the concept of step-up in basis in estate planning, which affects the valuation of inherited assets for capital gains taxation.

Step-Up in Basis and Why It Matters in Estate Planning

January 27, 2023
If you are considering engaging in estate planning or you may be inheriting assets, it is important to understand what the step-up in basis is and how it may affect you. What Is the Step-Up In Basis? The step-up basis…
25
01, 2023
A smiling multi-generational family poses for a self-portrait, highlighting the value of family legacy and preparedness in estate planning and elder law. The image reflects the importance of securing a future for loved ones in uncertain times.

Start 2023 Prepared: Reassess What Matters Most

January 25, 2023
If we have learned anything these past few years, it’s that life is fleeting. Amid such uncertain times, many of us have realized what – and who – truly means the most to us. Estate planning allows you to reflect…
20
01, 2023
Smiling family enjoying a wine tasting in a vineyard, symbolizing happiness and togetherness, related to estate planning strategies for high-net-worth families.

5 Smart Estate Planning Strategies for High-Net-Worth Families

January 20, 2023
If you are a high-net-worth individual, it’s essential to have a comprehensive estate plan in place. However, every family’s circumstances are unique, and there is no one-size-fits-all solution for estate planning. Below are five estate planning strategies that may be…
30
11, 2022
Middle-aged mother and adult daughter sit on a sofa not talking after a fight, symbolizing estrangement in relationships and its implications for estate planning and elder law.

What Does It Mean to Be Estranged?

November 30, 2022
Estrangement refers to a breakdown in a relationship, such as a relationship with a spouse or family member, where there is no longer any communication, or communication has become hostile, and the individuals lead separate lives. Is ‘Estranged’ a Legal Term? Although…
17
11, 2022
Senior couple carrying moving boxes as they downsize their home for a more manageable, retirement-friendly living space.

Seniors and the Benefits of Downsizing

November 17, 2022
You spend a large portion of your life and your hard-earned money on the concept of the American dream, buying and living in your forever home. Your home is a special place, filled with memories, love, and laughter. As you…
19
08, 2022
A senior African American man focuses on managing his budget and filing taxes, highlighting the relevance of free IRS support services available to seniors for estate planning and elder law assistance.

Haven’t Yet Filed Your Tax Return? If You Requested an Extension, You May Benefit from Free IRS Support Services

August 19, 2022
About 19 million individuals requested an extension – until October 17, 2022 – for filing their 2021 taxes with the Internal Revenue Service (IRS). If you’re among them, there is no need to hold off until mid-October to file. Filing…

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