“Life does not stand still,” wryly observes the American Bar Association in a chapter of its estate planning document titled “Changing Your Mind”. After you’ve crafted your initial estate plan, that’s hardly the end of the process, the ABA stresses, because a number...
Settling family law disputes between parties outside of litigation is always best, Scott Watanabe, associate attorney at Geyer Law, firmly believes. Since protecting the best interests of children is the rightful focus in most divorce litigation, Watanabe is a strong...
“Some financial professionals use designations that imply that they are experts at helping seniors with financial issues,” the Securities and Exchange Commission website cautions. “Many seniors, however, don't understand the sets of initials that may follow the names...
At Geyer Legal Group, PC, we’re dedicated to providing in-depth counseling to individuals and families to accomplish practical estate planning solutions. That includes staying abreast of new developments in investments. tax law, and insurance. One tool that has...
“While retirement planning and estate planning are linked, you need to prioritize for everyone to benefit,” firstcoastadvisors.com explains. If you don’t put retirement first, you risk becoming a burden to your children, yet at the same time you wish to secure the...
“If you are to get the medical care you need,” cautions Tim Prosch in the book The Other Talk, ” you and your family will need to learn how to take control of your healthcare.” At Geyer law, we convey the same message to our estate planning clients. Appointing someone...
“You have to be vigilant to make sure assets will pass to the other when one of you dies,” Marcia Passos Duffy writes in Bankrate.com, referring to unmarried couples living together. “When life partners don’t tie the knot,” Duffy adds, “they don’t enjoy the financial...
May an adult child be found financially responsible for a parent’s long term medical care? Back in the 1500’s, under English law, a child had a duty to contribute to the cost of a parent’s care, if parents lacked the ability to care for themselves. Does that...
“Dying without a will doesn’t damage the deceased, but it sure makes it hard on the survivors,” observed John J. Scroggin, J.S., LL.M., AEP at a regional symposium of the Financial Planning Association, citing some notable examples: (1865) Abraham Lincoln died...
As long as you have earned compensation, whether it is a regular paycheck or 1099 income for contract work, you can contribute to a Roth IRA – no matter how old you are, Fidelity reminds investors. 2017 Roth contribution limits are $5,500 for those under age 50,...
