Estate Planning Blog Articles

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as well as in maryland, west virginia, and the district of columbia

probate costs

Michael Jackson Estate Litigation Resurfaces: The Importance of Including a “No Contest” Clause in Your Estate Plan

The ongoing legal battles surrounding Michael Jackson’s estate have recently resurfaced, as his son, Prince Jackson, has renewed his efforts to challenge the estate’s executors. This latest development serves as a reminder of the importance of including a “no contest” clause in your estate plan to discourage potential litigation and minimize the risk of prolonged family disputes. What is a “No Contest” Clause? A “no contest” clause, also known as an “in terrorem” clause, is a provision in a will or trust that threatens to disinherit any beneficiary who challenges the validity of the document or contests the distribution of ...
Elder Law

Will Democrats Pass Medicare Expansion?

Senate Democrats are exploring a sweeping $6 trillion budget reconciliation bill that would include a major expansion of Medicare, a long-time priority of progressive lawmakers.

How Do Seniors Get a Huge Discount on Prescriptions?

If you rely on prescription medications to stay healthy, Walmart is offering a new perk that could cut your costs.
Asset Protection

Should a Trust Be a Component of My Estate Planning?

Do I need a trust in case something happens to me?
Elder Law Attorney

How Did COVID Push Medicaid to Record Enrollment?

A record 80.5 million Americans have health coverage through Medicaid or the Children's Health Insurance Program, largely because states have had to keep people enrolled during the coronavirus pandemic, according to new federal data released Monday.
Elder Abuse

Michigan Proposes Reform to State Guardianship Laws

Michigan Supreme Court Justice Megan K. Cavanaugh, Michigan Attorney General Dana Nessel and a bipartisan group of state lawmakers announced legislation to reform state guardianship laws, following decades of criticism by families and elder advocates.
Advance Directive

Will My Children Pay Taxes, If I Give Them My Home?

My house is in my mother-in-law’s name, and it is paid off. We pay all of the bills. She wants to take her name off and put it into my name and my husband’s name.
Estate Planning

Should You Add Someone to Your Bank Account?

I know of someone who was joint account holder with his dad for many years, then later his dad then appointed him as power of attorney. How does that work? Is the son still a joint account holder?

Will the Girlfriend Get the Life Insurance or the Wife?

My boyfriend and I have lived together for 13 years but he is still officially married to another woman. He has a life insurance policy and I’m the beneficiary, and I’m also the beneficiary of his 401(k). Do we need a will and do I have to worry about his wife getting the money?
Alzheimer’s Disease

What’s the Criticism of the New Alzheimer’s Drug?

The controversy surrounding the Biogen drug, including its potential cost, comes against a landscape of massive, unmet need for dementia treatment and a disease that costs the U.S. as much as $259 billion annually. More than six million Americans have Alzheimer’s or another form of dementia, according to estimates from the Alzheimer’s Association, and by 2050 that number could reach over 12 million people at a cost of $1 trillion annually.