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What Should Not Be Kept in a Safe Deposit Box?

Estate Planning

A safe deposit box is the perfect place to store certain valuables.

09/07/22 • by: Vick Law, P.C.

IRS Extends Portability Election Option by 3 Years

Estate Planning

Portability allows spouses to combine their exemption from estate and gift tax. This allows a surviving spouse to use the unused estate tax emption of the deceased spouse.

09/06/22 • by: Vick Law, P.C.

What Happens When Business Owners Divorce?

Estate Planning

No one enters a relationship — be it personal or business — thinking it will fail. However, what happens when it does?

09/01/22 • by: Vick Law, P.C.

What is the First Sign of Cognitive Decline?

Estate Planning

Certain habits can signal cognitive impairment.

08/30/22 • by: Vick Law, P.C.

Do I Have to Pay My Spouse’s Debt?

Estate Planning

If husband and wife did not own together or separately any land, a house, a boat etc. but only rented a home and had no children, is the surviving spouse responsible to pay medical bills that insurance did not cover?

08/30/22 • by: Vick Law, P.C.

3 Tax Issues to Consider When Estate Planning

Estate Planning

Avoidance of estate taxes is one consideration in estate planning.

08/29/22 • by: Vick Law, P.C.

Are ABLE Accounts and Special Needs Trust the Same?

Estate Planning

Because of astronomical costs of care and support—often more than $100,000 per year—most individuals with disabilities will need government assistance, such as Supplemental Security Income and Medicaid.

08/25/22 • by: Vick Law, P.C.

3 Antioxidants Connected to Lower Dementia Risk

Estate Planning

Can eating the right foods help lower your risk of dementia? A recent study suggests that tantalizing possibility.

08/24/22 • by: Vick Law, P.C.

Can Trusts Create Generational Wealth?

Estate Planning

One type of trust, the qualified perpetual trust, can be used to pass assets down to your beneficiaries, decade after decade.

08/22/22 • by: Vick Law, P.C.

3 Ways Inflation Hits Retirees

Estate Planning

Inflation hurts everyone. It seems to reach every sector, product and business in one way or another, whether it raises the cost of heating your home, lunches or road trips. However, if you’re a retiree, you may be particularly worried about inflation because your spending habits and income sources might be disproportionately exposed to inflation.

08/22/22 • by: Vick Law, P.C.

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Estate Planning Blog

What Should Not Be Kept in a Safe Deposit Box?

IRS Extends Portability Election Option by 3 Years

What Happens When Business Owners Divorce?

What is the First Sign of Cognitive Decline?

Do I Have to Pay My Spouse’s Debt?

3 Tax Issues to Consider When Estate Planning

Are ABLE Accounts and Special Needs Trust the Same?

3 Antioxidants Connected to Lower Dementia Risk

Can Trusts Create Generational Wealth?

3 Ways Inflation Hits Retirees

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