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Most would prefer to pass away in their homes, but most pass away in a facility. We have made many medical advancements in the last century, so we don’t die as young as we used to or from many diseases that no longer exist. However, most people would still rather die in their homes than […]
It is easy and simple to treat your children equally in an estate plan, but that may not be fair. It can be a difficult task in estate planning to figure out how to divide an estate unequally but fairly between children, according to the Wills, Trusts & Estates Prof Blog in “Dividing Your Wealth […]
Proposal to end estate tax creates questions and not that many answers. The end of the estate tax has been proposed but that does not mean that is the end of the estate tax, according to Investment News in “Trump tax proposal leaves advisers in the dark on estate tax repeal.” The biggest issue following […]
More than half of the states in the U.S. have laws requiring adult children to provide care and support for elderly parents. Laws have been passed in 28 states that require adult children to provide financial support for their elderly parents, if the parents are unable to pay their own bills, according to the Wills, […]
Many elder Americans prefer to just live together, rather than deal with some issues. Today, rather than getting married, many elderly people are just moving in together and foregoing a marriage certificate, according to The New York Times in “More Older Couples Are ‘Shacking Up’.” Getting remarried later in life has created many issues for […]
The long-awaited tax plan of President Trump is released and, if approved, will have a huge impact. The White House has released the Trump administration’s tax plan and it does include the elimination of the estate tax, according to The New York Times in “White House Proposes Slashing Tax Rates, Significantly Aiding Wealthy.” The President’s […]
Daughter sues her mother for wasting $13 million of inheritance. A trust set up for a young girl was originally overseen by Citibank. However, in 2003 the mother took over the trust creating a battle in the future, according to the Daily Mail in “Daughter sues her ‘self-involved’ mother for ‘frittering away more than $13m of […]
This TV doctor is brilliant, but also kills people in the off hours through physician-assisted suicide. In a TV show that is imported from Canada, a brilliant doctor is killing people by performing physician-assisted suicide, according to The New York Times review “Review: ‘Mary Kills People,’ but It’s for a Good Reason.” While the Times […]
There are some basic estate planning mistakes. Some of them are revealed in a podcast. John B. made some basic estate planning mistakes in a podcast, according to a Wills, Trusts & Estates Prof Blog discussion in “Estate Planning Lessons from John B.” Millions of people tuned in to hear the story in Serial of […]
Estate planning remains important, even if the estate tax goes away. The elimination of the estate tax is included in the Trump administration’s tax plan proposal. However, the path forward is not simple, according to Financial Advisor in “Estate Planning: It’s Not Over.” Even though a big part of modern estate planning is planning around the […]
