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Drawbacks to Adding a Child to Your Deed

It’s true that if your child is on your deed as a joint tenant on your home, your home will not have to go through probate if your child survives you. At your death, your surviving child would immediately become the sole owner of your home without probate and with minimal transfer costs.
03/21/22 • by: Vick Law, P.C.
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What Did I Hear about Over-the-Counter Hearing Aids?

The U.S. Food and Drug Administration (FDA) has announced what it calls a ‘landmark proposal’ to make hearing aids available without a prescription, a long-awaited move aimed at making the devices more affordable and accessible to the millions of Americans living with hearing loss.
03/18/22 • by: Vick Law, P.C.
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How to Protect Crypto Assets in Estate Plans

If you have $10 in a crypto wallet or $1 million stashed offline in cold storage, you need a plan to help your next of kin gain access when you die, especially if heirs are not familiar with the brave new world of digital money. There can be challenges to accessing crypto assets for your heirs. Click to learn what to include in your digital estate plan that may help.
03/17/22 • by: Vick Law, P.C.
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What Does a Good Hospital Discharge Plan Look Like for My Mom?

Standing up to a health care professional can be daunting, especially if you're worried about a premature discharge from a hospital.
03/16/22 • by: Vick Law, P.C.
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Should I have a Charitable Trust in My Estate Plan?

A charitable trust allows you to donate assets to a chosen tax-exempt charitable organization or nonprofit and comes with certain tax benefits to help you minimize what you might owe to the government.
03/15/22 • by: Vick Law, P.C.
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Is Life Insurance a Good Idea?

According to the U.S. Department of Agriculture, a middle class family raising a child to adulthood will spend over $233,000 on that child between the ages of 0 to 18. That doesn't even factor in the cost of college education, which can be thousands of dollars more per year once a child reaches adulthood. Purchasing a term life insurance policy can ensure your children are provided for - even in a worst-case scenario.
03/14/22 • by: Vick Law, P.C.
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Should I Create a Special Needs Trust for My Grandchild?

A Special Needs Trust can be either a first-party trust created by a parent, grandparent, guardian or a court using the beneficiary’s own funds; or a third-party trust funded with assets belonging to the trust’s creator. Since the beneficiary’s assets are used, a first-party Special Needs Trust requires that the state benefits provider be reimbursed for lifetime benefits paid by it on behalf of the beneficiary.
03/11/22 • by: Vick Law, P.C.
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Will Sitting on the Ground Help Me Live Longer?

Having more and more trouble getting down onto and up off of the floor? Here's the silver lining: Sitting on the floor is also a simple, effective way to maintain strength, function and vitality as you age.
03/10/22 • by: Vick Law, P.C.
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What Does New VA Budget Include for Veterans?

VA is poised to get its largest budget ever, but is it enough?
03/09/22 • by: Vick Law, P.C.
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15 Signs to Review Your Estate Plan

Your estate planning is done, but is it? A periodic review is an important ongoing step to your planning. Continue reading to learn 15 hints you should review your estate plan.
03/07/22 • by: Vick Law, P.C.
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