A correction to the previous video “If You’re Married & Over 65, Your Wills Are Probably Wrong.” Wes Coulson explains the difference between leaving everything to each other and for each other. Hi, I’m Wes Coulson and this is your Elder Law Minute. I kind of messed up last week, so I’m going to ask […]
Elder Law Minute: Income Tax Tips for Charitable Giving
Wes Coulson discusses income tax tips for giving to charity and how you can get the most out of your charitable contributions. Through planning, there are ways to save on your taxes when making charitable donations. Hi, I’m Wes Coulson and this is your Elder Law Minute. You probably already know that you get a […]
What’s the Difference Between a Revocable Trust and an Irrevocable Trust?
In this Elder Law Minute, Wes Coulson, Illinois and Missouri Elder Law Attorney, explains the difference between revocable trusts and irrevocable trusts. What’s the Difference Between a Revocable Trust and an Irrevocable Trust? Transcript: Hi, I’m Wes Coulson and this is your Elder Law Minute. One of the questions I get occasionally is, “What’s the difference […]
Elder Law Minute: “I Am My Child’s Retirement Plan”
Wes Coulson discusses how you can leave your inheritance as a retirement plan for your children. Hi, I’m Wes Coulson and this is your Elder Law Minute. I saw something in the news a couple weeks ago expressing grave concern about the number of baby boomers who really haven’t set aside any money for retirement. […]
Elder Law Minute: If You’re Married & Over 65, Your Wills Are Probably Wrong
If you are married and over 65, you probably have sweetheart wills, which means that if one spouse dies, they leave everything to their spouse. This can be problematic because it subjects your entire estate to the risk of being lost if the survivor ends up needing nursing home care. Wills that leave everything to […]
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