Tax Planning for Family Wealth
In order to maximize wealth preservation and minimize tax liabilities, many legal strategies are developed for high-net-worth families. However, tax laws continually change and can impact new and...
A Guide to Preventing and Recovering from Elder Financial Abuse
Many older adults in the US are victims of elder financial abuse. It occurs when someone, often in a position of trust, exploits or manipulates an older person's assets. Recovering from elder...
The Grantor-Retained Income Trust
In wealth transfer and estate planning, some people seek strategies that will preserve their assets as well as provide them with lifetime benefits. One such strategy is the grantor-retained income...
Social Security Retirement and Disability Insurance
The Social Security Administration (SSA) offers both Social Security Disability Insurance (SSDI) and Social Security Retirement Insurance (SSR), but not everyone is eligible for both. However, most...
Trends in Senior Living for 2023
In the new era of senior consumerism, wellness and affordable solutions are becoming more important as people seek to improve and maintain better health lifestyles. For seniors to thrive and...
The Benefits of Pet Trusts
Having pets brings you joy and comfort, and they are likely considered beloved family members by you. Since you love them, you give them the best life you can. But what if you were suddenly unable...
The Best Way to Talk to Aging Parents About Finances and Estate Planning
In order to discuss their finances with your parents as they age, you might mention events like the Coronavirus pandemic and how it will affect future economic conditions. The conversation should...
Gaining and Transferring Wealth
Over multiple generations, it is necessary to plan and invest carefully to build lasting wealth. Without specific plans to create and transfer your legacy, statistically, 70 percent of wealthy...
The Estate Planning Process for Young Families
The importance of estate planning cannot be overstated. If you're a young couple with minor children, estate planning can help protect your family in case of a medical emergency, such as...
DDV Law Attorney, Michael Delaney, on the Growing Need for Elder Law
Recently, Michael Delaney, senior partner at DDV Law, was featured in Law360. In an article titled, Growing US Senior Population Faces Unmet Legal Needs, he expresses concern that there aren't...