Do Estate Plans Need to Change because of the New President?
Now that there is a Democratic majority in the Senate and the House of Representatives, estate and gift tax law changes are expected to occur in 2021 or 2022.
Now that there is a Democratic majority in the Senate and the House of Representatives, estate and gift tax law changes are expected to occur in 2021 or 2022.
Tony Bennett has revealed that he has been living with Alzheimer’s Disease for the last four years.
The Medicaid home care rules will soon change putting seniors who want to stay in their home in a difficult situation.
Over 80 percent of hospitalized COVID-19 patients have neurological symptoms, a Northwestern Medicine health system study found. Even patients who have mild cases of COVID-19 have reported memory loss, trouble focusing and other related problems that can last for months.
Newly elected President Joe Biden has a tall list of priorities in his first days in office, with stemming the pandemic chief among them.
Retirement can be a bigger drag on the assets than all the professional and romantic mistakes put together.
As states address budget woes due to the pandemic, one place they may turn to for revenue as they have in past economic crises is death taxes.
No one wants a nursing home but the longer we live, the higher the chance we may need a nursing home at the end of life.
Prince’s 2016 death created one of the largest and most complicated probate court proceedings in Minnesota history.
Taking care of an aging or ill family member can be enormously rewarding but also exhausting and emotionally draining.
Given the expectation the Biden administration will roll back some of Trump’s favorable policies of the past four years, tax consultants and accountants are already hard at work. But for HNW women, dealing with election fallout is minor, compared to the bigger fish they have been frying in the tax pan for decades.
Marilyn Monroe’s estate makes millions every year. At the time of her death in 1962, the icon’s net worth was $10 million, when accounting for inflation. In 2020 alone, she made almost as much as that. But fans of the late star might be surprised to learn that it isn’t her many movies that make her estate the most money.
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