Estate Planning and Asset Preservation Planning The problem with most New Year’s resolutions is that they usually end up being just too darn hard to keep. Sure, I definitely want to lose some weight, but gosh, those brownies do look tempting! Sure, I want to spend less time watching sports on TV, but now there’s […]
Do Gift Recipients Have to Pay Taxes?
Do Gift Recipients have to Pay Taxes? Do Gift Recipients Have to Pay Taxes? Transcript: Hi this is Wes Coulson and this is your estate planning and elder law minute. One of the questions that we get frequently relates to whether there are taxes on gifts. Quick answer is, that 99% of the time, no. […]
What’s the Difference Between Estate Planning and Asset Preservation Planning?
In this Elder Law Minute, Wes Coulson, Illinois and Missouri Elder Law attorney, discusses the difference between estate planning and asset preservation planning. What’s the Difference Between Estate Planning and Asset Preservation Planning? Transcript: Hi, I’m Wes Coulson, and this is your Estate Planning and Elder Law Minute. People see the reference on our website […]
The Morality of Benefits Planning
Every now and then, we run across people who doubt or question the “morality” of engaging in legal and financial planning directed toward establishing eligibility for Medicaid or VA pension benefits to help pay for long-term care costs. Maybe you’ve heard that, too, or maybe you’ve even felt that way yourself. We think the discussion […]