How Does the Caregiver Tax Credit Work?
There are actually several tax credits and deductions available to adult children who help look after their aging parents or other relatives.
Ethan Huizenga
March 11, 2022
What is the Difference between Conservatorship and Guardianship?
The term ‘conservatorship’ was suddenly all over the news this year because of singer Britney Spears. However, whether you’ve been reading up on the topic because of current events or you’ve been trying to understand it for personal reasons, the legal jargon can be confusing.
Ethan Huizenga
March 9, 2022
What are the Stages of Huntington’s Disease?
With Huntington’s disease, there are three different stages of the disease — early, middle and end stages — all of which come with different symptoms and care needs.
Ethan Huizenga
March 7, 2022
Why Should I Have a Living Will?
As a review of terms, a will is a legal document that specifies how a person’s estate should be handled only after that person’s death. A living will has nothing to do with how your “things” like property, money, jewelry, etc. are to be distributed. Unlike a will, it is, in fact, a document that comes into play while you’re still alive.
Ethan Huizenga
March 4, 2022
What’s a QTIP Trust?
Creating a trust as part of an estate plan can help protect assets and ensure your financial legacy is preserved. If you’re married, you may consider establishing a QTIP trust, which is short for qualified terminable interest property trust.
Ethan Huizenga
March 2, 2022
What’s ‘Brain Fog’?
Researchers are trying to unravel why some COVID-19 survivors suffer “brain fog” and other problems that can last for months, and new findings suggest some worrisome overlaps with Alzheimer’s disease.
Ethan Huizenga
March 1, 2022
What Should I Know about Caring for a Loved One with Huntington’s Disease?
A family member has just been diagnosed with Huntington’s disease. You’re the primary caregiver. It can be an overwhelming time full of changes and transitions for both you as the caregiver and for the person diagnosed with Huntington’s disease.
Ethan Huizenga
February 28, 2022
What Is the HEMS Standard?
The ‘HEMS’ (health, education, maintenance, support) standard in estate planning is used to guide trustees in how/when they should release funds to a beneficiary.
Ethan Huizenga
February 25, 2022
Should I Place My Home in a Trust?
Part of being a responsible homeowner is having a proper estate plan in place. After all, considering the home is generally the largest asset most people own, it’s prudent to ensure this asset is passed to the people you wish to leave it to.
Ethan Huizenga
February 25, 2022
What Happens to IRAs and 401(k) when Spouse Dies?
The rise in the stock market over the past several years, teamed with the passage of the SECURE Act two years ago and the scheduled 50% reduction in the size of the federal estate tax exemption four years from now, has resulted in a renewed interest in estate planning for IRA and 401k accounts owned by married couples.
Ethan Huizenga
February 23, 2022