by attorney-austin | Nov 16, 2009 | Estate Planning
If a member of the GLBT community fails to properly plan, the result can be devastating to his or her partner and family. Having no estate plan, or relying upon a Will, Joint Tenancy, or Tenancy in Common as an estate plan, is tantamount to giving up control of... by attorney-austin | Nov 16, 2009 | Estate Planning
Tax Considerations of Long-Term Care Insurance People are living longer, but for many a reality of aging is that at some point they are unable to care for themselves. The costs of retirement homes and in-home care are rising, generating concerns for many on how to pay... by attorney-austin | Nov 16, 2009 | Estate Planning
Attacking a Will When a person dies with an effective will in place, the will may be submitted to a court for “probate.” During this court procedure, the will can be declared valid and binding on the estate of the decedent. In addition, debts are paid,... by attorney-austin | Nov 16, 2009 | Estate Planning
Upon the death of a loved one, great emotional sadness sets in as family and friends support each other during this time of loss. After finding a firm emotional foundation, it is time to address the task of administering the estate set up by the deceased. Included... by attorney-austin | Nov 16, 2009 | Estate Planning
Social Security Background The social security program began in 1935 when the Social Security Act was first enacted. At that time, the program was almost exclusively a retirement benefit program. The program gave monthly benefits to covered workers who had reached age... by attorney-austin | Nov 16, 2009 | Estate Planning
Tax Issues Will my estate automatically have to pay taxes at my death? Not necessarily. In the event your gross estate (i.e., all of the assets in which you own an interest-probate and nonprobate) is less than the $1,500,000 exemption allowed under law, no estate tax...