Imagine a child growing up without a home or a family to call their own; Imagine a child being alone in the world. Unfortunately, this is a reality for thousands of children in the foster care system today. The majority…
When it is said that a person has died intestate, it means that they died without leaving a Last Will and Testament. A Last Will and Testament is among the documents we call, “the four must-have legal planning documents.” The other three documents include: Durable Power of Attorney, Health Care Proxy, and Living Will.
The purpose of a Last Will and Testament is to express your wishes and identify who is to receive your property and assets upon your passing. It is imperative to complete a Last Will and Testament if you want to have a say on who receives your assets when you are no longer with us.
Learning that your child has hearing loss can be a very emotional discovery. Parents are often overwhelmed with many emotions. They must quickly learn a great deal about how to best help their child. Oftentimes, parents don’t know where to turn…
There are important 2017 tax deadlines to be aware of. The 2017 tax filing season will begin on Monday, Jan. 23, 2017, and taxpayers claiming certain tax credits should expect a longer wait for federal refunds. The IRS will begin…
This update provides new Medicare figures for 2017. This is the first of a four-part series of updates for 2017. Medicare Part A: Hospital Services Inpatient hospital deductible $1,316/illness Daily co-insurance $0/day 1-60 $329/day 61-90 $658/day 91-150 Skilled Nursing Facility…
As tax preparers, we see all kinds of taxpayers—organized, not organized, and some in the middle. Whether you come prepared with an accordion folder of neatly organized documents or an old shoe box with scraps of paper, you should be…
Tax season is fast approaching and many taxpayers are reviewing their paperwork to figure out what documents are necessary and what can be discarded. This can be a daunting experience that leaves many with the question: how long should I…
Are you thinking about giving a gift from your estate? If so, the deadline to give your gift is quickly approaching! Taxpayers are allowed an annual exclusion amount of $14,000 from gift taxes. If you are considering making a gift…
Getting the whole family to come together in one room is not an easy feat. That is why many people choose to discuss important issues with their families during the holiday season. We always tell our clients: If you're appointing…
This past Tuesday, December 13th, the Cures Act, containing the SPECIAL NEEDS TRUST FAIRNESS ACT, was signed by President Obama and passed into law; this marks an enormous milestone for individuals with disabilities! The passage of this legislation establishes liberties for persons with disabilities which had been previously denied to them.