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Hoopes, Adams & Alexander, PLC
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Sometimes the real motivation for preparing an estate plan is one that you would prefer to be left unsaid.
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Some of the most significant benefits to a living beyond tax protection – benefits that have little to do with the size of one’s estate. Even if the federal estate tax were eliminated, a living trust would continue to be the centerpiece of many estate plans.
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In issuing new standards, federal regulators seek to achieve a shift to more “person-centered” nursing home care.
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Passage in 2017 of many of Mr. Trump's proposed tax overhauls is at least possible, including repeal of the federal gift tax, estate tax, and generation-skipping transfer taxes.
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In contrast to a special needs trust, an ABLE account is relatively inexpensive, and ABLE funds can help repay Medicaid costs after a beneficiary's death.
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Under the proposed rule, gifts of business interests made during the three years prior to the giftmaker’s death would not be eligible for a discount.
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Practical steps and advance planning can help reduce the likelihood that a bank or other institution will reject your general power of attorney.
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Addressing estate planning issues as part of the divorce negotiation can free both parties from future headaches as they move on to the next chapters of their lives.
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Knowing your risk factors and exercising some common-sense precautions in managing your passwords, devices and social media accounts can help protect you from identity theft.
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Arizona's "Slayer Statute" Is Tested in Court: Article by Ryan Scharber (http://www.halaw.com/articles/estate_planning/slayer-statute.htm
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