Tag Archives: The Villages Elder Law Attorney
Beware Of Bogus Cancer Treatments
Of all the scams that target the elderly, health care scams are some of the most common. Fraudsters reasonably assume that many seniors are worried about their health and they prey on these insecurities. As reported recently in the news media, many scammers have been marketing fake cancer treatments online. You can protect yourself… Read More »
Do You Own Stocks? Leave Them To Heirs In Your Will For Tax Savings
Estate planning is complicated, particularly thinking through the tax consequences of leaving property to your heirs. Fortunately, few estates will need to pay federal estate taxes, and Florida does not have an inheritance tax. Nevertheless, leaving stocks and other assets to people in your will can reap significant tax advantages. Capital Gains Tax When… Read More »
How A Pour Over Will Can Protect Your Privacy
At Millhorn Elder Law Planning Group, some of our clients are surprised to find out that probate is a public proceeding. Not only is your will filed with the court, but any member of the public can research probate records to find out how many assets you had at death and who you left… Read More »
Four Common Estate Tax Planning Trusts In Florida
Even though the Sunshine State does not have an estate tax and federal lawmakers recently raised the IRS threshold, taxes are still a concern in many estate planning scenarios. The estate tax is not the only issue facing The Villages residents as they prepare their estate plans. Certain kinds of property, most notably rent… Read More »
Protect Yourself From Common Financial Scams
Older Americans are ripe targets for all kinds of financial scams. Many have no spouse or adult children living with them, and they might be worried about falling sick and growing old. As a result, savvy scam artists prey on America’s seniors, hoping to hoodwink them into handing over their money. To protect yourself,… Read More »
What Is A Living Will?
Most people know what wills are, and what role they play in a person’s estate plan. However, the term living will often causes some confusion, especially if confused with a living trust. A living will is different from both a living trust and a will, and serves a distinct purpose. A living will is… Read More »
Modifications To The Terms Of An Irrevocable Trust
Irrevocable trusts are usually intended to last for a long period of time and to provide for the needs of the beneficiaries according to the trust settlor’s wishes. Because the trust is irrevocable, there are rarely any changes made to the terms of the trust unless they were specified within the trust documents. However,… Read More »
March 8, 2016 Government Report Warns of Looming Drug Price Increases
With the 2016 elections well under way, many older adults are wondering how the candidates will shape the future of Medicare, Social Security, and other programs that help seniors. And while the future of health care in America may not be certain, one definitely is going to change – drug prices. The 2016 report… Read More »
5 Reasons Not to Put Off Your Estate Plan
Many Florida residents have chosen to retire in the sunshine state to avoid cold winters and to partake in the host of sunny outdoors activities that are in such abundance here. People come from all over to enjoy the moderate temperatures and year-round accessibility of Florida’s beaches. Yet, every summer, many of these same… Read More »
Obesity Rates Higher in Southern States: Florida a Significant Exception
A project partly funded by the Robert Wood Johnson Foundation keeps track of obesity and disease rates in the U.S. One of the most significant health risks of this century is type-II diabetes. According to one source, obesity rates are escalating out of control and many policymakers wonder what can be done to stop… Read More »
