In this Elder Law Minute, Wes Coulson discusses how trusts and income taxes operate together. Transcript: Back many many many years ago when I was in law school, I and most of the rest of the class sat glazed through the professor’s attempts to explain the tax laws as they relate to trusts. Let me […]
Leaving An Inheritance For Parents – The Wrong Way And The Right Way
In this Elder Law Minute, Wes Coulson discusses the best way to leave an inheritance for your parents. Transcript: Sometimes when I am talking to people about their estate plans, they throw out the idea of leaving something for one or more of their parents, and in a sense in a lot of cases that […]
The Sad Consequences Of Not Naming Successor Power Of Attorney Agents
In this Elder Law Minute, Wes Coulson discusses the importance of naming successor power of attorney agents. Transcript: In another video, I talked about why it’s just not a good idea to name joint agents under a power of attorney. Toward the end of the video I mentioned, however, that it’s a good idea to […]
When Is A Deed Considered A Done Deal?
In this Elder Law Minute, Wes Coulson discusses when deeds are considered a done deal. Transcript: I’m going to delve into real estate law just a bit for this Elder Law Minute because estate planning and elder law deals with real estate, and so we have to use and apply some real estate law in […]
Should I Cross Out And Hand Write Changes In My Estate Plan?
In this Elder Law Minute, Wes Coulson discusses the dangers of handwriting changes in your estate plan. Transcript: There used to be a show on cable TV that I would watch occassionally (don’t ask me why) called What Not To Wear, and they would go through people — they would give them a fashion makeover, […]
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