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Posted by QKSEO on August 18, 2024 at 4:17pm 0 Comments 0 Likes
Distributing your estate is a massive undertaking. Determining who gets what and how your estate splits among beneficiaries is a big part of creating your will. But what if you don't want to give your estate to someone in your will?
Is it possible to sell your estate instead? In this blog, we'll go over some unique scenarios and the complexities of estate distribution.
Property…
ContinueAdded by Mark Glendon on August 11, 2022 at 11:58am — No Comments
The loss of a spouse is one of the most devastating events in a person’s life. Regardless of how long you have been married, losing your spouse means the loss of someone you were very close to and someone with whom you had a life.
In all of the difficult emotional aftermath of the loss of a spouse, it can be difficult to work through the details of how the decedent’s assets are to be distributed, but this is an important step…
ContinueAdded by Mark Glendon on August 1, 2022 at 5:07am — No Comments
It can be caused by a wide range of things: the enormous responsibility, endless tasks, feeling overwhelmed, managing mixed feelings, feeling guilty, and feeling alone read more
Added by Mark Glendon on August 1, 2022 at 5:06am — No Comments
Leaving an inheritance to your loved ones is a wonderful way to continue providing support for the people you care about after your departure. Unfortunately, even in death, taxes can still follow your assets and take a serious chunk out of the wealth you leave behind.
The good news is that you can reduce some estate taxes by utilizing the practice of gifting. Federal regulations allow you to gift up to $15,000 per person per…
ContinueAdded by Mark Glendon on June 9, 2022 at 2:10am — No Comments
You work hard for your business. There is a lot to keep up with: technology, marketing trends, and more. With all that you have put into it, it would be a shame if you couldn’t ensure succession. You might have family members or someone else in mind to take over for you. It’s important that you establish a business succession plan.
Added by Mark Glendon on May 9, 2022 at 2:08am — No Comments
Contrary to popular belief, not all gifts are tax-free. If you're in the position to dole out expensive gifts to family and friends, you have to be wary of potential tax implications.
This blog will go over the basics of gift tax, exclusions, and lifetime limits.
To put it simply: Gift tax is a federal tax on any…
ContinueAdded by Mark Glendon on March 17, 2022 at 4:24am — No Comments
While I occasionally mention outstanding products or services in my regular Q&A columns, the recent changes to caregiving due to COVID triggered a more serious look at some of the tech and services I’ve noted through my work. So, here’s the next installment of new or not-yet-mentioned ideas for you to consider. Unless I say otherwise, these mentions are not meant as an endorsement…
ContinueAdded by Mark Glendon on March 17, 2022 at 3:58am — No Comments
Once a doctor decides someone is unlikely to live six months or more, they usually shift their treatment plan and focus on treating the symptoms instead of the disease itself. This type of treatment is called hospice care or “comfort care” and it aims to keep the patient as comfortable as possible in the last months, weeks, and days of their life.
All hospice agencies offer the same basic services, but there are still…
ContinueAdded by Mark Glendon on February 2, 2022 at 7:04am — No Comments
Pneumonia is an infection of the lungs that can be serious in older adults. In the U.S., nearly 150,000 people are hospitalized with pneumonia each year, according to the Centers for Disease Control and Prevention read more
Added by Mark Glendon on February 2, 2022 at 7:04am — No Comments
Sometimes, an adult may become unable to care for themselves. In these instances, a judge may appoint a specific person to make decisions on behalf of that individual. This is called guardianship. In this blog, we’ll take a closer look at what it means to live under a guardianship, how this applies to minors and the elderly, and the type of guardianship services available to those that need them.
Added by Mark Glendon on December 10, 2021 at 6:07am — No Comments
As a caregiver, part of the job is to help your older adult take care of legal matters and make sure important documents are complete and up-to-date read more
Added by Mark Glendon on September 7, 2021 at 6:50am — No Comments
Although you want to be around to take care of your family, you never know what’s going to happen. It's better to be safe than sorry. You want to provide for your family and make sure they don’t have to go through rough times. You also want to be sure that what you leave for your future generations lasts. Here are some things you can do to protect what you leave for them.
Added by Mark Glendon on September 7, 2021 at 6:48am — No Comments
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