Acorn Law Blog
Modern American families come in all shapes, sizes, colors, and configurations. This creates unique circumstances when creating wills and trusts and putting long-term care plans in place. There is always the potential for conflict when it comes to estate planning in general, but the added element of a blended family can compound problems.
If something were to happen to you and your spouse, what would happen if the authorities or medical personnel did not know that you have minor children at home waiting for you? Picture this; your children are at home and more frightened as each hour passes and you have not returned. Newbury Park wills and estates lawyer Marc Mackenzie discusses the importance of planning for your children’s protection before something happens.
For single parents with a minor child, the stakes are perhaps even higher.
Sometimes people confuse the estate tax with an income tax, but it is not a tax on income. It is a transfer tax imposed on the wealthy at death.
Aretha Franklin’s handwritten wills might not pass muster in some states. However, a court in Michigan, where she died, is more likely to take them seriously, experts say.
Very often, a lack of planning and insufficient assets leaves families with few options for their loved one’s final years of care, which is likely to be expensive.
Move over, Internal Revenue Service. Criminals now prefer the Social Security Administration as their cover agency, when they try to swindle Americans over the phone.
You will soon have more options available, if you have Medicare Advantage.
The scams tend to follow certain patterns, depending on the type of fraud the crooks are trying to perpetrate.
My mom wants to leave her house to me, since I’m the only girl. My brothers may try and contest this in probate court. What can my mom do to be sure I receive ownership of the house upon her death?
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