A Will can be an effective Estate Plan. If it is properly written it can properly control your assets, the assets can go to the people that you want the way that you want, and you can have the right people in control of the Will. A Will will push your assets through Probate aka... [Read More]
Category: Revocable Living Trusts
Wills & Trusts
A Will is a Legal Document where one sets out their intentions as to how their assets should move after they are deceased. It may or may not control their assets. A Will needs to be valid in the particular State where the decedent lives. The Will needs to control the assets of the decedent.... [Read More]
Tom Benson Adult Incompetency Lawsuit
The Tom Benson (owner of the NFL New Orleans Saints and NBA Pelicans professional sports teams) adult incompetency lawsuit continues. Per a Court Order three (3) different medical professionals have examined 87 year old Tom Benson regarding his mental incompetency. His daughter and two (2) adult grandchildren brought the lawsuit. The opposing party is Tom... [Read More]
Owner of New Orleans Saints and NBA Pelicans – Sought to be declared incompetent
Tom Benson is the owner of the NFL Saints and the NBA Pelicans. Both professional sports teams are located in New Orleans, Louisiana. His heirs have sought to have him found an incompetent adult and therefore unable to handle his own affairs (they are seeking control of his financial affairs). He had a mental fitness... [Read More]
Spring Comes, Seasons Change
As the warm air and sunshine arrives, the daffodils peek out from the barren ground and we are aware that Spring is coming. During cold, snowy, icy and gray sky days it is easy to forget that time moves forward and that Spring will come. Spring is my favorite season. It is a season of... [Read More]
If You’re Going Through Hell…
Winston Churchill is quoted as saying, “If you’re going through hell, keep going!” When we are going through a tumultuous time in our life, whether it is personally, physically, or involves loved ones, we have to keep moving. After the initial phase of “catching our breath” after having the “wind knocked out of us”, we... [Read More]
Obamacare back before the US Supreme Court
On Wednesday, March 4, 2015, the US Supreme Court heard arguments on the legality of this controversial law. The legal challenges include that the federal government is requiring states to take certain actions that maybe unconstitutional for the federal government to require. Under this law those who choose to self-insure themselves due to high insurance... [Read More]
Hospice and End of Life
As my friend is dealing with the “end of life” decisions regarding her father a number of things come to mind. Some of the most difficult decisions one makes in their lifetime are regarding their “end of life”. It can also be where you are assisting a loved one with their “end of life”. This... [Read More]
The Able Act
Congress passed The Able Act. It was to be a much ballyhooed law that would allow a special needs or challenged individual to own assets in their own name and still become eligible for Medicaid Assistance for special care living and related expenses. Unfortunately the law did not turn out as anticipated. What the law... [Read More]
Accountants figuring out Obamacare
Accountants tell me they are still scratching their heads and still trying to figure out the taxes that are inside the Obamacare legislation. The reason the Obamacare law was upheld by the US Supreme Court was that it was as Chef Justice Roberts said, a “Tax Bill”. Congress has the authority to raise taxes. Unfortunately... [Read More]