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Can You Name a Trust as an IRA Beneficiary?

Posted on: June 16th, 2016
While there are no tax benefits, there may be situations in which you want to name a trust as your IRA beneficiary. If properly structured, and in keeping with IRS requirements, an IRA Beneficiary Trust can help ensure that the beneficiaries will effectively use the required minimum distribution “stretch-out” to build wealth for their future....

HIPPA Requirements Can Hugely Impact Your Estate Plans

Posted on: June 16th, 2016
Have you ever wondered why doctors and other healthcare providers ask you to sign a receipt for their “Notice of Privacy Practices?” It was essentially intended to protect your personal information from identity theft or public disclosure of your medical records. ...

Estate Plans Need To Address Digital Assets: What About My Facebook!

Posted on: June 16th, 2016
In simplest of terms, an estate plan lays out the wishes of an individual for the handling of someone’s assets upon his or her death. It can also help maximize the value of one’s estate by reducing taxes and other expenses associated with disbursement of estate assets. Finally, it details the administration of the estate and defines how assets are to be distributed to beneficiaries....

Is Binding Arbitration Binding?

Posted on: June 16th, 2016
In our capacity as estate planning attorneys, we work with our clients to prepare documents such as wills, trusts, and powers of attorney. Further, we advise our clients and their agents on how to use these tools to protect their estates during transitions such as moving from one’s home to assisted living continuing care communities or nursing facilities....

New "End Of Life" Law

Posted on: June 16th, 2016
SB139 is a new law taking effect this year that will allow doctors to prescribe life-ending medication to terminally ill patients. If someone is diagnosed as terminally ill with six months or less to live, the individual may now choose to end his or her life, foregoing their last days that could be filled with the patient’s agony, family trauma, and costly hospital bills. ...
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