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5 of 5 The number of Medicaid applications approved for our clients in the past 5 months. A perfect record! Giving peace of mind to 5 families, despite some complex situations requiring creative (but totally legal) strategies. 43 The number of hours Laura spent on a recent Medicaid application. Medicaid apps have plenty of potential [...]
It’s been a busy couple of weeks with estate tax changes — both state and federal. I spent last week at what some consider to be the Superbowl of estate planning. While at the Heckerling Institute on Estate Planning in Orlando, (not heckling as in what I do when Illinois plays Michigan, but Heckerling, as [...]
We often use life insurance as a tool in helping clients. Life insurance is important in many estate-planning situations, such as the following: A young family. To help raise the kids and get them through college if a parent dies young. Business owners. A buy-sell agreement between partners in a business is important. But the [...]
Remember, if Congress does not act in the next few weeks, then on January 1, estate taxes will kick in for anyone leaving more than $1 million, with a top tax rate of 55%. Will the new Republican majority in the House make a difference? 1. The election did sweep more anti-estate tax Congressmen into [...]
A recent movie with Morgan Freeman and Jack Nicholson inspired a lot of people to think about their bucket list – the things they would like to do before they die. While a trip around the world in a sailboat may seem a lot more exciting and glamorous than estate planning, thinking about what you [...]