No one likes to think about passing away, but when you do, you’re going to leave stuff behind. If you’re leaving behind modest assets, then
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Rolling Stone Jagger Needs Estate Planning for Expected Arrival
When Rolling Stone Mick Jagger isn’t on stage later this year, he’ll probably be at home changing diapers at age 72. Mick is awaiting the
Workshop Update
Bellomo and Associates is pleased to announce that due to popular demand, we have added another evening workshop in August. The workshop will be held
The Nuts and Bolts of Defending a Will Contest
There are a lot of moving parts when it comes to the defense of a will contest. The National Law Review article “Defending a Will
Gift Tax Reminders
Forbes’ recent article, “Why The Gift Tax Matters So Much to You,” reminds us that certain wealth transfers are excluded from gift taxes. You can
Don’t Leave a Bundle to Your Ex
Do you want your ex-spouse to inherit any part of your estate? It could happen if you initially signed up for a retirement plan or
Don’t Horse Around with Estate Planning and Your Stable
There’s no one-size-fits-all approach to estate planning. These are personal decisions you should make after carefully weighing all of the options with a qualified attorney.
Which One of Us Should Take Care of Mom and Dad?
With Americans living longer, many Baby Boomers now find themselves giving financial and emotional support to their aging parents. An important part of this process
When to Take Your Parent in to Live with You
People wonder if they should bring their aging parent to live with them. Typically, this issue comes up when one parent passes away. When that
Retirement Planning with a Special Needs Child
Having a special needs child adds complexity to retirement planning. Parents must pay attention to minute but critical details—like beneficiary designations for their workplace 401(k)—while
Making the Move to a New Home in Retirement
The recent article at capecod.com, “5 Tips for Seniors Planning a Move: Think ‘Resizing’ Not ‘Downsizing,’” explains that elder law attorneys are sensitive to the
Why Do I Need a Trust?
The estate and gift tax elements of the American Taxpayer Relief Act extended the favorable rules that were previously in place. The $5 million exemption,
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Latest Posts
- Aging at Home with Confidence: How Lancaster Downtowners Is Changing the Game
- Common Questions: Clearing Up Confusion in Estate Planning, Elder Law, and Asset Protection
- A $29 Million Estate, a Forgotten Will, and One Messy Legal Battle—Here’s What You Can Learn
- Could You Lose the Family Home to Taxes? The Step-Up in Basis Debate Matters More Than You Think
- The Great Wealth Transfer Is Coming—Will Your Family Be Ready or Left in a Mess?