Use the Thanksgiving family get-together wisely. Sometime between that first cocktail and the opening kick-off, gather the family around for a brief 10-minute conversation about you. It could go something like this: “I have made some plans. I want to share them with you. “Here is a folder containing copies of my powers of attorney, directive to physicians, and designation of burial agent. … [Read more...] about A Thanksgiving Message: Getting the Word Out to the Family
The Centers for Medicare & Medicaid Services have released the Medicare premium, deductible and co-pay amounts for 2019. Below are the 2019 cost-sharing amounts. Part A Premium (For those not automatically enrolled) 0-29 qualifying quarters of employment: $437.00 30-39 quarters: $240.00 Inpatient Hospital Deductible, Per Spell of Illness: $1,364.00 Co-pay, Days 1 – 60: $0 Co-pay, … [Read more...] about Medicare Cost-Sharing Numbers for 2019
According to the National Institute on Aging, dementia is the loss of cognitive functioning (thinking, remembering, and reasoning) and behavioral abilities to such an extent that it interferes with a person’s daily life and activities. Dementia is more common as people grow older. Up to half of all people age 85 or older may have some form of dementia. As Elder Lawyers, we deal with dementia … [Read more...] about Dementia – Planning Ahead
Most people have a general idea that they “should” have a Will, but do they really understand what happens if they don’t? One of the biggest difficulties that can arise when someone dies without a Will is that the State of Texas decides who gets your “stuff.” This may or may not be where you actually want your property to go. If someone dies married, and there are no children from a previous … [Read more...] about I Don’t Have a Will – So What?
We are living in an era of estate tax that was unimaginable just 2 years ago. Rejoice. Thanks to a law that goes by the unwieldy name of the Tax Relief, Unemployment Reauthorization and Job Creation Act of 2010, and the more snappily-named Tax Cuts and Jobs Act of 2017, U.S. citizens in 2018 had estate and gift tax exemptions of $11.18 million per person. That means that if you die with an … [Read more...] about Estate Tax: 5 Important Facts | Change in Law a Welcome Relief
It is Halloween, which means that front yards everywhere are filled with plastic tombstones, monstrous animated spiders and tissue-ghouls hanging from trees. Which brings up an interesting question: why not have the real thing in your backyard? You could have your very own cemetery containing real dead people mere steps from your back patio. Just think of the convenience for all … [Read more...] about The Family Cemetery: Backyard Burial Wrapped in Red Tape