by Lisa Adler | Dec 20, 2014 | Elder Law, In the News
Update on the ABLE Act: From the National Academy of Elder Law Lawyers: Congress passed the ABLE Act on this week, which creates tax-favored accounts for children and adults whose disability occurred before age 26. The ABLE Act allows these tax-favored accounts to...
by Lisa Adler | Dec 3, 2014 | Estate Administration, Wills & Trusts
The IRS announced the 2015 Gift and Estate Tax Exemption Amounts, along with other tax changes, here. For persons dying in 2015, the Federal Estate Tax exemption amount has increased to to $5,430,000, up from the 2014 exclusion amount of $5,340,000. This means that,...
by Lisa Adler | Dec 1, 2014 | Elder Law, In the News
The National Academy of Elder Law Attorneys asked its members to share this post: “This Week: House Could Vote on Tax-Favored Accounts for Some Persons with Disabilities The House may potentially vote on a bill this week that would create tax-favored accounts...
by Lisa Adler | Sep 15, 2014 | Estate Administration, In the News, Trusts, Wills, Wills & Trusts
Yesterday I visited Indianapolis’s Cat Haven, a wonderful local non-profit that provides homes for abandoned cats. Many of these cats are elderly (10 years old or older), which gave me pause to consider how a cat that age would end up abandoned. It seems...
by Lisa Adler | Sep 10, 2014 | Appointment of Healthcare Representitive, Elder Law, Guardianship, Incapacity Planning, Living Wills, Power of Attorney
Fellow legal bloggers Danielle and Andy Mayoras (find them here and here) have a great article today about end-of-life lessons to be learned from Joan River’s passing. All estate plans should include planning for incapacity and end-of-life decision making. The...
