Monthly Archives February 2020

Gifting

I often have older clients come in and ask if they can give assets to their loved ones. These clients often are concerned about the Medicaid and tax ramifications of these potential gifts. If the clients are in relatively good health, it is perfectly acceptable to make large gifts; however, if the client needs institutional care within five years of the gift, the recipient should be ready, if necessary, to return (cure) the gift.  If the gift is greater than $15,000 to a single individual in a year, the client should be prepared to file a gift tax return that
Read More

Mediation Can Help

Have your feelings of contentment disappeared along with the Valentine’s Day candy and flowers?  Is there a nagging dispute with a family member (or ex-family member) that you need to resolve?  Our mediation services may be right for you.  Mediation isn’t just for divorce.  It can be helpful in solving a custody, placement, or visitation issue with your child’s other parent.  Mediation can help you resolve a grandparent’s desire for contact with your child.  Blended family?  Mediation could assist parents and stepparents to agree on house rules and discipline for the children.  Attorney Sally Hoelzel is a trained family mediator. 
Read More

Happy Valentine’s Day

Flowers? Chocolates? Nah… How about documents? Now, hear me out. By providing your spouse with the appropriate estate planning documents, really what you are doing is providing peace of mind. Doesn’t every spouse want peace of mind? Get your power-of-attorney documents organized and your will or trust updated or drafted for the first time. By taking care of your personal matters ahead of time, it makes those difficult times when emergencies or tragedies strike that much easier to handle. You will thank me now for getting your spouse peace of mind for Valentine’s Day.  Well, you might want to buy
Read More

The Guardianship Process

Often we have clients contact our office when one of their parents, siblings, adult children or even a spouse has had an unfortunate turn of events and cannot make financial or healthcare decisions for themselves, and do not have any advance planning documents in place. We assure them not to worry as they can obtain a guardianship over their loved one. Many people are surprised to learn that a guardianship is the only method available to make decisions on behalf of the incapacitated person. What is a guardianship? In a guardianship, someone is appointed by the Courts to make health
Read More