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Does ‘Spousal Impoverishment’ Protect against Medicaid Recovery?

Seventy percent of those who reach age 65 will need long-term care services or expensive in-home nursing care, and 42% of it nationwide is paid for by Medicaid.

04/13/23 • by: Vick Law, P.C.

5 Smart Ways to Transfer Real Estate to Your Children

Estate Planning

For many parents, transferring real estate to their children is an important part of their estate planning process. There are several ways that parents can do this, each with its own advantages and disadvantages.

04/12/23 • by: Vick Law, P.C.

Endowments Can Help You Leave a Legacy

Estate Planning

I didn’t know Nancy Whitaker well. When I taught at River Valley, Nancy was the speech pathologist. I met with her when students had speech and hearing educational plans. She was likeable, friendly and cared deeply for the students. I didn't know Nancy Whitaker well, but I knew I liked her.

04/11/23 • by: Vick Law, P.C.

Protecting Inheritances in a Blended Family

Estate Planning

As divorce and second marriages become increasingly common, more people find themselves raising children who are not biologically their own. Estate planning for blended families should address this unique situation.

04/10/23 • by: Vick Law, P.C.

The Biggest Mistakes Made with Trusts

Estate Planning

Mistakes that are usually ugly, often costly and sometimes fatal – at least to an estate plan.

04/06/23 • by: Vick Law, P.C.

Saving for College? Learn What’s New with the 529 Plan

Estate Planning

A type of education savings account called a 529 plan is just one of several tools families can use to prepare for the growing costs of higher education. While these plans can be beneficial for almost anyone since they let funds saved for education compound on a tax-free basis provided they're used for eligible education expenses, individuals who live in states with special tax breaks for contributions tend to fare the best.

04/06/23 • by: Vick Law, P.C.

Estate Planning and Tax Day 2023

Estate Planning

What estate planners need to accomplish for their clients before Tax Day, as well as the regulatory changes they need to be aware of while preparing for the big day.

04/06/23 • by: Vick Law, P.C.

Your Estate Planning Checklist

Estate Planning

Estate plans are made up of many parts, including wills and trusts, as well as any additional documents or information that will help beneficiaries carry out the requests of the benefactor.

04/04/23 • by: Vick Law, P.C.

Don't Forget Your Pet When Estate Planning

Estate Planning

Although in the past it may not have been the norm to provide for animals in our estate planning, times have changed.

03/27/23 • by: Vick Law, P.C.

What Should I Ask a Prospective Estate Planning Attorney?

Estate Planning

While more than half of Americans believe estate planning is essential, a mere 33% actually have a living trust or will. And one out of three respondents who don’t have a will reason that they don’t think they have sufficient assets to warrant estate planning.

03/24/23 • by: Vick Law, P.C.

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Estate Planning Blog

Does ‘Spousal Impoverishment’ Protect against Medicaid Recovery?

5 Smart Ways to Transfer Real Estate to Your Children

Endowments Can Help You Leave a Legacy

Protecting Inheritances in a Blended Family

The Biggest Mistakes Made with Trusts

Saving for College? Learn What’s New with the 529 Plan

Estate Planning and Tax Day 2023

Your Estate Planning Checklist

Don't Forget Your Pet When Estate Planning

What Should I Ask a Prospective Estate Planning Attorney?

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