» Wills and Trusts Law

Virginia Beach, VA (Law Firm Newswire) December 15, 2014 – When a person becomes incapacitated and is no longer able to make medical, financial or legal decisions, it becomes necessary for another person to step in and make decisions on his or her behalf. Power of attorney and guardianship are two vehicles by which this may occur. A power of attorney is a legal document which a person uses to designate someone to act on his or her behalf if he or she is incapacitated. A power of attorney can be general, granting the agent power over all of the […]


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Ontario, CA., December 10, 2014 – The California law firm of Albertson & Davidson is pleased to announce that founding partner Keith Davidson has been named an Avvo excellent attorney for 2015. This honor recognizes Mr. Davidson’s superior legal advocacy, commitment to professionalism, and excellence as an attorney. Avvo is a private organization that rates lawyers and other professionals based on a proprietary algorithm that takes into account a variety of factors, including an attorney’s years of experience, professional achievements, disciplinary history, and his or her reputation in the legal community. In order to evaluate potential candidates, Avvo gathers data […]


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Moorestown, NJ (Law Firm Newswire) December 9, 2014 – For purposes of Medicaid long-term care services, New Jersey has always been an income cap state. That means that an individual’s income must not exceed 300% of the Federal Benefit Rate (FBR). Beginning January 1, 2015 that means that an individual’s monthly income cannot exceed $2,199. Historically, individuals in nursing homes were able to qualify for a “Medically Needy” program to spend their income down and qualify for Medicaid. Individuals requiring care in assisted living or at home were not eligible for the Medically Needy program and could not become eligible […]


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REDWOOD CITY, CA (Law Firm Newswire) December 5, 2014 – The California Trust, Estate and Probate litigation firm of Albertson & Davidson, LLP is pleased to announce that attorney Stewart R. Albertson will be the lead attorney at their newly opened office in the Bay Area. By expanding their geographical reach, Albertson & Davidson, LLP will be able to better serve its clientele and provide exceptional legal services throughout Northern California. As a founding partner of Albertson & Davidson, LLP, California lawyer Stewart R. Albertson is a seasoned Trust, Estate, and Probate litigation attorney who has obtained over $20 million […]


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Palo Alto, CA (Law Firm Newswire) November 24, 2014 – A new study from Allianz Life Insurance shows that fundamental misconceptions about elder financial abuse may be fueling the growing problem. According to the study, most seniors and their family members believed that the greatest risk comes from telemarketing calls and similar contact with strangers. Few realized that the majority of elder financial exploitation is perpetuated by someone the senior already knows. “It is common for people to think that this will not happen to their family,” said elder law attorney Michael Gilfix of Gilfix & La Poll, who works […]


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Virginia Beach, VA (Law Firm Newswire) November 20, 2014 – A study by Fidelity Investments found that 57 percent of retirees wish they had done more retirement planning before leaving the workplace. As retirement approaches, a checklist to be completed at key stages can help ensure that the process is as smooth as possible. “Retirement represents an immense change to a person’s lifestyle and financial situation,” said Andrew Hook, a Virginia elder law attorney with Hook Law Center, which has offices in Virginia Beach and northern Suffolk. “Having an actionable plan can make that transition easier.” Retirement savings should start […]


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Palo Alto, CA (Law Firm Newswire) November 18, 2014 – Earlier this year, the Supreme Court of the United States reaffirmed that inherited IRA accounts are not protected in bankruptcy as regular retirement accounts are. According to estate planning attorney Michael Gilfix of Gilfix & La Poll, this is just one of the many reasons that anyone with a significant IRA account should look into the idea of setting up a trust as the beneficiary of an IRA account. “Designating a trust for an IRA account is not for everyone,” Gilfix explained, “but it could be of great benefit to […]


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Ontario, CA (Law Firm Newswire) November 17, 2014 – The law firm of Albertson & Davidson is pleased to announce that founding partner Keith A. Davidson has been invited by The National Advocates to join its organization as a Top 100 Wills, Trust, and Estate Lawyers in the state of California. This invitation exemplifies Mr. Davidson’s commitment to providing California residents with the highest quality legal representation and counsel available in his specific areas of practice. Membership reserved for highly qualified attorneys The National Advocates is an invitation-only professional organization whose members exemplify excellent qualifications and leadership within their jurisdiction […]


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White Plains, NY (Law Firm Newswire) November 14, 2014 – The National Association of Estate Planners & Councils (NAEPC) has elected Bernard A. Krooks of Littman Krooks LLP, JD, CPA, LLM, CELA, AEP® to the Estate Planning Hall of Fame. He has been honored with the designation of Accredited Estate Planner® (Distinguished). Krooks will be one of only seven professionals to receive this prestigious award in 2014. The designation of Estate Planning Hall of Fame and Accredited Estate Planner (Distinguished) recognizes those individuals who have made outstanding lifetime achievements and contributions to the practice of estate planning. This award is […]


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Virginia Beach, VA (Law Firm Newswire) November 13, 2014 – Parents and grandparents who want to incorporate college savings into their financial planning can do so with a 529 college savings plan, a special savings account designed for higher education expenses. “In this era of ever-rising tuition, college savings should take higher priority than in the past,” said Andrew Hook, an estate planning attorney in Franklin, Virginia. “A 529 plan can be a part of that financial planning.” A 529 savings account allows account holders to save money over time, then withdraw from the balance tax-free for education-related expenses. Qualified […]


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Moorestown, NJ (Law Firm Newswire) November 7, 2014 – On Tuesday, November 18 at 6:00 p.m., Begley Law Group will host a free seminar about college financial planning at their offices in Moorestown, New Jersey. Created for anyone planning to send children to college, this free seminar will cover the important steps necessary to plan for those expenses. Attendees will learn about the different phases of college planning, how colleges determine financial aid and how they can best position themselves to receive it. “People want to give their children every opportunity in life, and a college education can be an […]


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Virginia Beach, VA (Law Firm Newswire) November 6, 2014 – Surviving spouses named as a beneficiary of their deceased spouse’s IRA should carefully consider their options for handling the account. The primary options are to assume the IRA, inherit the IRA, take a lump-sum distribution or disclaim the account. “How an IRA is handled after a spouse’s death can have major tax and financial consequences for the spouse beneficiary,” said Andrew Hook, a Virginia estate planning attorney with Hook Law Center. Assuming an IRA means transferring the assets into an IRA in one’s own name. For tax purposes, the IRA […]


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White Plains, NY(Law Firm Newswire) November 3, 2014 – Littman Krooks LLP has been selected among the 2015 U.S.News – Best Lawyers® “Best Law Firms” in the New York metropolitan area. The firm, with offices in New York, White Plains and Fishkill, received Tier 1 ranking in the area of Elder Law and Trusts & Estates Law. This prestigious ranking results from the firm’s combination of legal excellence and breadth of expertise. The U.S.News – Best Lawyers® “Best Law Firms” rankings are based on a rigorous evaluation process that includes the collection of client and lawyer evaluations, peer review from […]


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Virginia Beach, VA (Law Firm Newswire) October 29, 2014 – When a person is named as executor of an estate, he or she becomes legally responsible for protecting the assets of the decedent until the estate administration is complete. This can be a complicated, lengthy process, and organization is the key to keeping the process manageable. “Estate administration can be complex, especially if the estate planning is incomplete or there are disputes about the estate,” said Andrew Hook, a Virginia estate planning attorney with Hook Law Center. “Staying organized can help.” From the outset, the executor should understand his or […]


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MELBOURNE, FL (Law Firm Newswire) October 27, 2014 – InterActive Legal™, publisher of the flexible and intuitive Wealth Transfer Planning™, authored by Jonathan G. Blattmachr and Michael L. Graham, has released the latest edition of its planning solution for attorneys who practice Elder Law, Elder Law Planning™ 2.0 (ELP 2.0). This release features a large array of useful, thoughtful and effective tools to handle Elder Law engagements that involve both crisis and advanced planning. Included in this offering are: 1. Improved Medicaid qualification and asset protection analysis 2. Client communication letters including documents designed to share proposals for legal strategies […]


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Virginia Beach, VA (Law Firm Newswire) October 20, 2014 – Speaking to older parents about challenging subjects, including finances or the need for assisted living, can be stressful for both parties. Small disagreements can take on enormous significance, and overall communication can break down. Although there is no way to eliminate the stress inherent in such difficult discussions, good communication techniques can help parents and their adult children navigate their challenges effectively. “When adult children learn how to communicate with their aging parents, both the parents and children can appreciate one another and connect during the final stages of the […]


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Palo Alto, CA (Law Firm Newswire) October 17, 2014 – Michael Gilfix is a featured panelist at an upcoming Bay Area event focused on helping families ensure supported housing for their adult children with autism. The event, hosted by the Autism Society of the San Francisco Bay Area, is titled “A Place for Us: Supported Housing Solutions for Adults with Developmental Disabilities.” The day-long event will take place at the Sobrato Center for Nonprofits in Redwood City on October 24. Gilfix will take part in a panel discussion on “retention of family property and collaborative purchase of homes for grown […]


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Virginia Beach, VA (Law Firm Newswire) October 13, 2014 – President Barack Obama recently announced 19 new steps to expand veterans’ access to mental health care. The expansion follows a serious government scandal uncovered earlier this year. The Department of Veterans Affairs (VA) was caught hiding lengthy delays in health care access for veterans, including months-long waits for appointments. Eric Shinseki resigned as head of VA as a result. Last month, Obama signed a $16.3 billion bill to improve veterans’ access to medical care and other VA issues. “PTSD and suicide are monumental problems affecting the veteran population,” said Andrew […]


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White Plains, NY (Law Firm Newswire) October 10, 2014 – Sheryl Frishman, Esq., Of Counsel to Littman Krooks LLP, was named to the Board of Directors of The Arc of the U.S., the nation’s leading advocate for people with intellectual and developmental disabilities and their families. The Arc provides an array of services and support for families and individuals through 140,000 members and 700 state and local chapters nationwide. It is their belief that people with intellectual and developmental disabilities are entitled to the rights afforded every American. Frishman is an active member of numerous organizations in the disability and […]


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Moorestown, NJ (Law Firm Newswire) October 8, 2014 – On Tuesday, October 21 at 6:00 p.m., Begley Law Group is hosting a generational asset preservation seminar at their offices in Moorestown, New Jersey. Designed for those who wish to pass their financial legacy to future family generations, this free seminar will present key planning steps that enable them to preserve their assets. “We know that people work hard their entire lives and want to pass some of that financial legacy on to their children and grandchildren,” said Thomas Begley Jr., a partner at Begley Law Group and a leading elder […]


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