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In our last post, we began speaking about a number a steps one can take to avoid a situation where long-term care expenses get out of hand and leave a family financially overwhelmed. We already mentioned the importance of taking time to sign an elderly parent up for...
Medicaid planning and long-term care planning is certainly an important aspect of estate planning, and various strategies can be employed to ensure that one is able to take full advantage of the program. But even when an elderly parent is able to obtain Medicaid,...
Amid a family dispute over the estate of the late Michael Jackson, some members of the Jackson family have accused others of kidnapping the 82-year-old Katherine Jackson in an effort to win her over in a fight over Michael's fortune.On Wednesday, a Los Angeles Judge...
In our previous post, we began looking at various strategies and approaches to estate planning that will help reduce the likelihood of a will contest later on down the road. As we noted, will contests typically involve disgruntled family members or close friends who...
Will contests, as many of our readers know, are lawsuits brought in probate court to challenge the validity of a Last Will and Testament. Will contests like the current one over the estate of the famous painter Thomas Kinkade are not completely unavoidable. With good...
There are a number of steps in estate planning. These steps can vary, depending on the complexity and goals of the plan, as well as a number of other factors. Here we'll take a look at five specific steps, perhaps tips, in estate planning. One step that needs to be...
Our readers may have already heard about the death of Thomas Kinkade, the famous "Painter of Light," back in April. At present, a will contest over Kinkade's estate is going on between the woman who was his wife of 30 years and his girlfriend of 18 months. Kinkade and...
When it comes to estate planning in 2012, one thing is for sure: it is difficult to know exactly how to plan. This is because of potential changes that are in store. As our readers may know, the current gift-estate tax lifetimes exemption amount will be dropping from...
