The tax plan put forward by the Republican-led House of Representatives would eliminate many current deductions, and getting rid of one of them in particular could deal a serious financial blow to seniors and individuals with disabilities.
The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2018 income as a result of buying long-term care insurance.
In 2018, Social Security recipients will get their largest cost of living increase in benefits since 2012, but the additional income will likely be largely eaten up by higher Medicare Part B premiums. Cost of living increases are tied to the consumer price index, and an upturn in inflation rates and gas prices means recipients […]
The main purpose of a will is to direct where your assets will go after you die, but it can also be used to instruct your heirs how to pay your debts. While generally heirs cannot inherit debt, debt can reduce what they receive. Spelling out how debt should be paid can help your heirs. […]
When two or more individuals own property — whether it’s a condominium, a home, or a piece of land — the relationship between the owners is very important.
Being a trustee is a big responsibility and if you don’t perform your duties properly, you could be personally liable. That’s why it’s important to hire the right people to guide you in this important role. A trust is a legal arrangement through which one person (or an institution, such as a bank or law […]
I love the opportunity that a new year brings, providing an opportunity to take stock in goals and experiences. This year marks the start of my 31st year practicing law, and in looking back over the previous 30 years, I’ve realized that there are common themes that can be pulled from clients’ cases that may […]
Why Hire a Real Estate Attorney? Buying real estate can be exciting and a little frightening, especially if you are inexperienced. Some real estate transactions are complex and require the services of a real estate attorney that is knowledgeable in laws specific to a particular municipality or state. Real estate attorneys review transactions like leases […]
As summer turns to fall, the change of seasons provides an opportunity for reflection, perhaps on a relaxing summer vacation or to refocus on a task list that has been set aside. If you are taking a minute to reassess your goals and priorities, why not also take a look at your life plan. If […]