Seniors Going It Alone Need A Plan

According to the United States Census Bureau, some 27 percent of Americans 65 and older are living alone. That number of seniors is growing at a rate of about 10,000 every single day. Baby Boomers, born from around 1946 to 1964, now number over 70 million. They tend to live alone more often. This huge population has experienced higher divorce rates and lower number of children than any other generation, leaving many Boomers venturing out on their own in their later years. Aging Alone Continue reading

The IRS May Be a Friend to Higher Net Worth Taxpayers

The IRS recently proposed regulations and announced increased gift and estate tax exemption amounts that offer significant opportunities for higher net worth taxpayers who want to make large asset gifts to others. Under the Tax Cuts and Jobs Act, the lifetime federal gift and estate Continue reading

Leaving Your Assets To Your Kids

When you die, how will your assets be imparted to your children? What if the kids aren’t old enough or mature enough to handle their inheritance after you pass? If you have more than one child, how will your assets be divided? What happens to your legacy, if the children inheriting your wealth die? Continue reading

New Financial Empowerment For Those With Disabilities

On Tuesday, Dec. 18, California State Treasurer John Chiang hosted a news conference to announce the launch of a new program, CalABLE. This was great news! CalABLE is an innovative state program that will allow individuals with disabilities to open tax-advantaged savings and investment Continue reading

Alzheimer’s Crisis: Hope in Research

We have a major health crisis in our country. It’s called Alzheimer’s disease. Along with other forms of dementia, it is killing hundreds of thousands of Americans every year, heavily burdening our already strained healthcare system, and causing major financial and emotional difficulties for caregivers. As an elder care and estate planning attorney, I see many of my clients and their families face the impact and often harsh realities of dementia diseases. The long-term care, financial planning, and other factors play significant roles in the futures of people with dementia and their families. Continue reading

Attorney Briana Camille Jones Wins U.S. Tax Professional Award

Recently, we were delighted to welcome Briana Camille Jones to our family here at Terri Hilliard, PC. Bri, as she likes to be called, is an attorney and also a Master of Law in Taxation candidate at Loyola Law School. We are now doubly delighted to announce that Bri recently won the national Young Tax Professional of the Year 2018 Competition hosted by Ernst & Young. She will now compete against finalists from 21 other countries in Amsterdam for the international title later this month. Continue reading

Developmental Disability Survey

Are you a parent of a child with a developmental disability – Autism, Cerebral Palsy, Epilepsy or Intellectual Disability? Or are you an adult with one of these disabilities? If so, you may be interested in a survey being conducted by the Autism Society of California. The survey gathers information on what is working for families and individuals and then shares that information with the appropriate non-profits, stakeholders and legislators to make sure your voice is heard. Please see the survey here: Continue reading