LexisNexis® Legal Newsroom
Liza Weiman Hanks
Ask Liza: Do I Need a Special Needs Trust for a Son on SSDI?

Dear Liza: I have an adult son who is developmentally disabled. He is able to work and receives Social Security Disability Insurance as well as Medicare. Does he need a Special Needs Trust? I love it when someone asks me a question with a clear answer...

John Dedon
Dedon On Estate Planning: Failure To Plan Has A Price

“I never worry about action, but only about inaction.” Winston Churchill “I haven’t decided what I ultimately want to do with my business, or when I want to exit, or how much money I’ll need, or whom to sell to, so how...

John Dedon
Dedon On Estate Planning: 2015 Exemption - $5,430,000

The IRS announced inflation adjustment tax items for 2015. Of interest on the estate and gift side, the annual exclusion remains at $14,000. However, the exclusion amount for taxpayers dying in 2015 increased from $5,340,000 to $5,430,000. Thus, a married...

Liza Weiman Hanks
Ask Liza: Avoiding a Lump Sum Inheritance

Dear Liza My father wants to leave some of his assets to my brother and sister, however neither of them is particularly adept at handling money and he doesn’t want to hand them a large, lump sum. Can a Will stipulate that they receive payments on...

Liza Weiman Hanks
Ask Liza: What to Do When One Parent Lacks Capacity

Dear Liza, my parents do not have a living trust in place. I need to help them set one up. My father and mother are 91 and 83 respectively. My father has a form of dementia that prevents him from making decision about his property. My Mother is fully...

Liza Weiman Hanks
Ask Liza: Can the Executor Give Away Estate Assets?

Dear Liza: My husband is the sole executor (and only child) of his mother’s Will. There are no other beneficiaries listed in her Will. The only asset she had was a home which is valued at about $300,000. Does he need to probate her Will? As the...