Team? Do you really have a team? Think about it – you certainly do. In fact, you probably have several teams – medical, financial/legal, family, friends, etc. In this blog, I am going to address the importance of your financial/legal team. In years gone by, we would go to a doctor who would treat us […]
While many of us panic to see a piece of mail from the IRS, it isn’t always bad news. So, please do yourself a favor and read the notice; don’t panic. The IRS may send you a letter or notice if you have a balance due, if there is an adjustment in the amount of […]
“I Care a Lot” is one of the most popular movies on Netflix recently. The movie follows Marla Grayson who is a professional Guardian over elderly individuals who have substantial assets. Marla can been seen taking control over their assets, placing them in assisted living facilities, selling off their homes and assets. There are even […]
Are you in a long term relationship? Do you know what will happen if you or your partner have a medical emergency? In 2021, it is much more common for couples to cohabitate together for long periods of time prior to getting married, if they even decide to take the next big step. While the […]
These days, we hear much about “going green”, leaving an “environmental footprint”, “climate change”, etc. We are all responsible to do our part to preserve and protect our environment while we are alive. But, what about after we die? Can you still do your part? Hmmmmm. Think about how much wood is used to make […]
If you are a senior or a retiree, do you know that you can file your income taxes for free using Free File online, including the ability to use direct deposit for refunds? This is available from various tax software companies, free of charge, and is accessible through the IRS website – irs.gov. Using […]
We received a little gift in that the deadline for our 2020 income tax returns was extended until May 17, 2021. While that extension may have allowed us to breathe a sigh of relief, one should not delay preparing and filing their returns. The extra month will come and go before we know it. If […]
The IRS has announced that the filing deadline for individuals – Form 1040 – has been extended until May 17, 2021. More information will be forthcoming, but if you were beginning to panic, you can now relax. “This continues to be a tough time for many people, and the IRS wants to continue to do […]
The cost of care in a nursing facility continues to rise. The cost of the same is dependent upon the location, the level of care provided and the needs of the resident. I have seen monthly care statements in excess of $10,000. So, if you should need this type of care, will you be able […]
When engaging in estate planning for individuals, attorneys must be diligent in asking the right questions, not only for financial purposes and the objects of one’s bounty, but also for religious beliefs and practices and to complete the planning by honoring the wishes of the individual doing their planning. If you are doing your estate […]
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