Special Needs Law Group Blog
Your First RMD May Be Looming
Okay, you have saved for retirement tax free for years. However, now it is time to think about the taxes. You have been fortunate over the years to grow your IRA tax free. However, withdrawals from your traditional IRA is taxable income. You will have to...
Just What Is a Power of Attorney?
Don’t wait until it is too late. Get a POA now. While most people are familiar with a will in an estate plan, a power of attorney draws a lot of misconceptions, according to the article in A Place For Mom “5 Misconceptions About a Power of Attorney.” Misconception...
Children Can Contest Glen Campbell’s Will
The challenge will be to prove that Campbell, who was diagnosed with Alzheimer’s disease, lacked the capacity to execute the wills. Three of Glen Campbell’s children, who were intentionally left out of his will, have been given the right to contest the will by a...
What Should Inherit If There are No Kids or Spouse?
If you do not have children or a spouse to include in an estate plan, there are still family, friends, and causes to consider. Even if you do not have any children or a spouse, there are many options available for creating an estate plan that benefits others,...
Multigenerational Living on the Increase
Pew Research analysis reports 20% of population living in multigenerational homes There are a record number of multigenerational homes in the U.S. and that trend is expected to keep rising, according to a Pew Research Center analysis reported in Financial Advisor...
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