Newsletters & Blog Posts

Millennials Taking Care of Aging Boomers Makes Long Term Care Planning Even More Important

Do you remember the term “sandwich generation?” It's a phrase coined to refer to baby boomers who were taking care of their parents while also having young children of their own. However, now millennials are moving into the sandwich generation Read More ...

How to Create an Estate Plan to Benefit a Child with Special Needs

People not familiar with children with special needs often find it surprising when we explain our areas of expertise are estate planning, long term care planning, elder law and special needs planning.  They usually haven't considered that children with disabilities Read More ...

Important Change Affects Special Needs Planning: Stretch IRAs Eliminated.

A stretch IRA was an estate planning strategy that applied to an Individual Retirement Account (IRA) inherited by a non-spouse, such as a child beneficiary. By using the stretch strategy, IRAs could be passed on, taking advantage of tax-deferred and/or tax-free Read More ...

What Happens to Our ABLE Account If Our Child Is No Longer Disabled?

It is possible that an individual, once diagnosed as a person with special needs, sometime in the future will no longer qualify as “disabled” according to IRS regulations. The individual’s condition might have improved through remission or medical treatment, for Read More ...

Should You Transfer Funds from a 529 Account to an ABLE Account for Children with Special Needs?

Thanks to recent changes in the tax law, families can now make limited transfers from existing 529 accounts to ABLE accounts with no tax consequences. Families with special needs children may be thinking about rolling existing 529 funds into ABLE Read More ...

When Do I Need a Living Will? Is it the Same as a DNR?

We're all fairly familiar with the acronym CPR, for Cardiopulmonary Resuscitation - a process that uses mouth-to-mouth or machine breathing and chest compressions to restore activity in the heart and lungs when someone's heart has stopped or they are no Read More ...