Estate and Elder Law

Recent Posts

No Saturday letters? How it might affect seniors
Posted on 14 Feb 2013 by karplaw

The United States Postal Service has said it will discontinue Saturday letter delivery beginning August 2013, saying it will save it $2 billion annually. That's a chunk of change, but just a small patch on the red ink: USPS lost $16 billion just last... Read More

U.S. Supreme Court cites Florida inheritance law in unusual case
Posted on 15 Jun 2012 by karplaw

The U.S. Supreme Court recently handed down its decision in the case of Astrue v. Capato. The circumstances of the case are ones most of us will never experience. Nonetheless, the case has lessons for everyone. It underscores the importance of creating... Read More

After the Election, Still Looking for Estate Tax Certainty
Posted on 9 Nov 2012 by karplaw

It's over. American voted. We have our winners and losers. With the election behind us, Washington has got to get down to business, and soon. The so-called fiscal cliff is looming. How this issue is handled will likely have a dramatic impact on... Read More

Minor children? Here are the steps you need to take to protect them
Posted on 8 Feb 2013 by karplaw

The importance of life insurance for parents with young children cannot be overstated. However, insurance is just one part of the story. To ensure your child's financial security, you need to properly plan for how the proceeds will be distributed... Read More

Two States Involved in Food Tycoon's Estate Battle
Posted on 13 Nov 2012 by karplaw

A new estate battle is capturing public attention. As often is the case, it involves questions about undue influence. What's not so usual is that the conflict is unfolding in two states: Minnesota and Florida. You may not know the late Jeno Paulucci... Read More

Importance of a prenuptial for the Playboy tycoon - and the rest of us
Posted on 9 Jan 2013 by karplaw

Playboy tycoon Hugh Hefner, 86, and Crystal Harris were to be married in June 2011. Harris, however, abruptly called it off, announcing plans to auction off her engagement ring. But the runaway bride has returned. On New Year's Eve the two tied the... Read More

New Bill Would Help Special Needs Children of Military Retirees
Posted on 29 May 2012 by karplaw

If it becomes law, a new bill introduced in the U.S. House of Representatives will provide greater financial security to special needs children of retired military personnel. House Bill 4329, The Disabled Military Child Protection Act, would allow military... Read More

Have you funded your revocable trust?
Posted on 12 Nov 2012 by karplaw

What is the difference between a revocable trust that prevents your estate from going through probate, and a revocable trust that's just a stack of papers? The answer: funding your revocable trust . This is an essential step you must take once the... Read More

Whitney's World Unveiled in Death
Posted on 6 Apr 2012 by karplaw

The toxicology report has been released: Now the entire world knows what happened to megastar Whitney Houston in that Beverly Hills hotel room on Feb. 11. And with the late singer's reliance on a Will as her estate planning vehicle, her family's... Read More

Do-It-Yourself Estate Plans: Saving Money or Throwing it Away?
Posted on 18 Sep 2012 by karplaw

I often warn readers about the dangers of using do-it-yourself websites and pre-printed forms to create wills and trust. Experienced estate planning lawyers do more than put together a pile of papers for you to sign and take home: We offer individualized... Read More

Elder Abuse: Social Media Keeps Grandparent Scam Going Strong
Posted on 23 Jul 2012 by karplaw

Back in 2010 we warned you about the "Grandparent Scam." It goes like this: A grandparent, other family member or friend receives a call about a loved one. The caller claims that the grandchild is in trouble - arrested or in the hospital, for... Read More

How to Protect Yourself from Court-Ordered Guardianship (and the Occasional Bad Apple Guardian)
Posted on 31 Jul 2012 by karplaw

Becoming incapacitated and unable to manage one's own affairs is an unnerving prospect. Having the court appoint a guardian for you adds insult to injury. No one wants the state mucking around in his personal affairs and finances. There's yet... Read More

Florida Durable Power of Attorney for Property: New law terminates spouse's powers when dissolution of marriage is pending
Posted on 21 Aug 2012 by karplaw

Recent changes in Florida Statute 709.2109 state that a person named as agent under his/her spouse's Florida Durable Power of Attorney for Property loses legal authority to act on the spouse's behalf in the event of divorce or annulment, or when... Read More

Florida Durable Power of Attorney for Property: New law terminates spouse's powers when dissolution of marriage is pending
Posted on 21 Aug 2012 by karplaw

Recent changes in Florida Statute 709.2109 state that a person named as agent under his/her spouse's Florida Durable Power of Attorney for Property loses legal authority to act on the spouse's behalf in the event of divorce or annulment, or when... Read More

Surprise: Study Shows Oldest Baby Boomers ARE Retiring
Posted on 27 Apr 2012 by karplaw

Surprise: Contrary to conventional wisdom, a new study seems to show that the first wave of Baby Boomers, born in 1946, isn't shunning retirement. They're retiring, despite expert predictions that they would not. According to the 2011 MetLife... Read More