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Monthly Archives: June 2012
Are You Liable For Your Parent’s Debts?
I often have a client whose parent recently died tell me that the creditors of their parent are now coming to them seeking payment. Do they have to pay the creditors? I generally advise my clients that their parent’s estate … Continue reading
Posted in Elder Care, Probate, Terminal care
Tagged death, elder care, estate planning, will challenge
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Safeguarding Tax Records
The IRS issued Tax Tips on June 11, 2012, containing advice on how to protect your tax records. You should consider those same tips when thinking about how best to protect your other important documents. Following is from the IRS. … Continue reading
Posted in Estate Planning, Estate Tax, Income Tax, IRS, Tax
Tagged estate planning, income tax, IRS, tax
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London Olympics Seeks to “Resurrect” a Career.
The following humorous article was written by Chris Chase on Yahoo!, Apr. 13, 2012. (AP)Ever since Beijing put on one of the most spectacular coordinated displays in human history at the 2008 Olympic Opening Ceremony, observers have wondered how London … Continue reading
Posted in Uncategorized
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Late Marriage? Think & Plan!
Marriages between older persons typically involve individuals who have some assets and also have children. But any marriage that has those attributes is a candidate for pre-planning. Often when people think of a pre-marital agreement they think of celebrities getting … Continue reading
Posted in Estate Planning, Marital Agreement
Tagged estate planning, marital agreement, prenuptial
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