Monthly Archives: February 2018

My son is responsible, my daughter stays in debt — how do I split my estate?

Originally posted on Market Watch -- Published: Feb 16, 2018 8:47 a.m. ET By Quentin Fottrell, Personal Finance Editor The Moneyist – The ethics and etiquette of your financial affairs I am in my 70s and have two children from a previous marriage of five years. One has a son and the other has two daughters.

2018-02-20T10:51:48+00:00February 20th, 2018|

How to know when you need an Elder Law Attorney

What exactly is Elder Law?  What makes Elder Law Attorneys different from other attorneys? Is it really such a specialty that it needs its own name?  Do I really need an attorney who focuses his/her law practice in Elder Law, or can I hire just any attorney?  Does the title infer that it’s only for senior

2018-03-24T20:26:54+00:00February 20th, 2018|

Setting the Stage for Medicaid Eligibility

Incapacity planning is a broad area of law that covers how you are cared for if you become physically or mentally unable to care for yourself. The type of care could range from simple tasks like buying groceries, cooking meals, help bathing, and paying bills to more important decisions such as having to move to a

2018-02-05T17:24:45+00:00February 5th, 2018|

Avoid Dangerous Planning Generalizations After the New Tax Law

Toss routine planning right out the window – It’s time for clients to have their old estate plans reviewed! Now that the status quo of tax planning has been upended by the passage of the Tax Cuts and Jobs Act of 2017, wills, trusts and portfolios are all due for a once-over and estate planning attorneys

2018-02-05T17:19:31+00:00February 5th, 2018|

How Will Tax Reform Impact Seniors and Persons with Disabilities?

The Tax Cut and Jobs Act (TCJA) is now officially law. Both the House and Senate passed the new tax reform bill in December with straight party-line votes and no support from Democrats. President Trump signed it into law right before Christmas. It is the first overhaul of the tax code in more than 30 years.

2018-02-03T17:35:50+00:00February 3rd, 2018|

Is Your IRA an IOU to the IRS?

Tax Traps and Other Problems Every IRA Owner Should Know!  By: Rex Hogue and Fred Haiman, equity Partners with the faith-based estate and elder law firm of Haiman Hogue, PLLC We have something shocking to tell you.  In fact, you may not believe what we’re about to tell you.  That’s okay; most people don’t believe it

2018-02-03T17:00:20+00:00February 3rd, 2018|