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What Happens to an HSA when Owner Dies?

Do you know what happens to your HSA after you die? Health savings accounts, called HSAs for short, function differently than most other kinds of accounts.

01/05/22 • by: Vick Law, P.C.

What Does an Elder Law Attorney Do?

Elder Law | Estate Planning

Estate Planning may not be something you necessarily WANT to think about, but it could protect your interests and wishes long after you are gone.

01/04/22 • by: Vick Law, P.C.

Blended Family: How Do You Split an Estate?

Estate Planning

Good estate planning must consider more than what you want to happen to your property and for your beneficiaries. It also must consider what you intentionally want to avoid happening.

01/03/22 • by: Vick Law, P.C.

Any Ideas How to Pay for Long-Term Care?

Estate Planning

The costs of long-term care for older adults can be significant. Federal Medicare health insurance benefits do not cover most of these costs. Most people who incur costs for long-term care cover them with a combination of personal savings, long-term care insurance and Medicaid, among other sources.

01/02/22 • by: Vick Law, P.C.

TOD and POD Accounts: What’s the Difference?

Estate Planning

A TOD account allows the account holder to name a beneficiary on a non-retirement financial account to receive assets at the time of the account holder’s death, thereby (generally – i.e., when used correctly) avoiding probate.

12/31/21 • by: Vick Law, P.C.

Is It Necessary to have a Health Care Power of Attorney?

Estate Planning

Selecting medical powers of attorney is an important step that aging parents should take to ensure they get the care they wan,t if they are unable to advocate for themselves.

12/29/21 • by: Vick Law, P.C.

How Important Is an Estate Plan?

Estate Planning

Every individual needs some form of an estate plan to protect their wishes and loved ones. Your estate consists of everything that you own (aka your assets), and although death may seem far away, it is never too soon to get your estate plan in order.

12/29/21 • by: Vick Law, P.C.

How Do I Stop Heirs from Foolishly Wasting Inheritance?

Estate Planning

One of the biggest concerns a trust creator might have is that the beneficiary would squander their inheritance or that the beneficiary’s creditor would attach the inheritance to cover the beneficiary’s debt.

08/03/21 • by: Vick Law, P.C.

Here’s Why You Need an Estate Plan

Estate Planning

No matter what line of work you are in, estate planning has facets that apply to everyone, and it comes down to documenting wishes and avoiding probate and unnecessary taxes. Too many people put it off, but, in general, the sooner you do it, the better.

07/31/21 • by: Vick Law, P.C.

Will I Live Longer, if I Babysit the Grandchildren?

Elder Law | Estate Planning | Probate | Trust Administration

Looking for an extra incentive to spend some quality time with your grandchildren? Try telling their parents that it could extend your life.

07/13/21 • by: Vick Law, P.C.

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Estate Planning Blog

What Happens to an HSA when Owner Dies?

What Does an Elder Law Attorney Do?

Blended Family: How Do You Split an Estate?

Any Ideas How to Pay for Long-Term Care?

TOD and POD Accounts: What’s the Difference?

Is It Necessary to have a Health Care Power of Attorney?

How Important Is an Estate Plan?

How Do I Stop Heirs from Foolishly Wasting Inheritance?

Here’s Why You Need an Estate Plan

Will I Live Longer, if I Babysit the Grandchildren?

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