Downs Law Firm, P.C.
If husband and wife did not own together or separately any land, a house, a boat etc. but only rented a home and had no children, is the surviving spouse responsible to pay medical bills that insurance did not cover?
It is quite a tragedy when a loved one passes away. You may want to remember them by keeping sentimental objects from their home, or perhaps they wanted you to inherit a specific item.
“Gray divorce” — the unfortunately named term for divorce after age 50 — is increasing among baby boomers.
Dealing with the loss of a loved one is never easy. When inheritances, homes, estates and mortgages are involved, tensions can run high within a family. It is easy to get lost in the paperwork and terms.
A competent elder law or estate attorney can keep the estate process on track, and knows of provisions like family allowances, benefits to prepaying inheritance tax, even where the tax return is not yet complete and a listing of itemized deductions.
No one likes doing taxes, but the task is even more daunting when filing a return for someone who has died.
Preparing for an estate sale can be a difficult and emotionally challenging task.
Whether you drew up a will recently or years ago, keep in mind it’s generally not something you can set and forget.
Advice for adult children, so their parents in nursing homes and assisted living are safe from scammers.
At such an emotional time, more paperwork is probably the last thing you want on your to-do list. However, taking a few key steps is critical to your financial future.
Copyright © IMS. All rights reserved. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. All copies must include this copyright statement. Some artwork provided under license agreement.
