There’s been a long, almost six year battle over the U.S. Department of Labor’s planned fiduciary rule, originally slated to begin implementation on April 10. The news is – the rule is being delayed at least six months. The Fiduciary Rule would require financial...
Whenever married individuals divorce, their estate plans likely need some updating. When it comes to “gray divorce”, there is a definite need-to-change. Americans over 50 are getting divorced at a record rate, ICLEF notes in its “Law Tips” website. The special...
“Now comes the hard part,” Liz Skinner wrote in Investment News last year, when the Labor Department came out with new fiduciary rules for financial service providers. The DOL fiduciary rule, set to take effect next month, basically states that all financial advisers...
“Your high-net-worth clients who self-fund LTC costs may face the unintended consequences of leaving less of a legacy to their children if out-of-pocket care expenses deplete their estates,” Pailip Herzberg and Jorge Padilla caution their fellow financial planning...
“Married individuals who are considering divorce should review their estate plans to determine if they remain appropriate,” says divorcesource.com, reminding readers that the law considers you legally married until the judge signs the final dissolution decree ending...
Divorce is a complex and deeply personal process, and, at Geyer Law, we do all we can to help make the process as painless as possible. We know that, while all our clients can benefit from qualified estate planning advice, there are special issues that need to be...
Nice idea, this “going halfsies” for married couples, with each spouse putting money into a jointly held savings or investment account which either spouse may access. However, as an estate planning attorney in Indiana, I sometimes need to break the news to clients...
When clients turn to Geyer Law for help in creating an estate plan, it’s very typical for Social Security benefits to be the last thing on their minds. Surprise! Social Security is interwoven in just about every decision seniors make when it comes to their own...
“We don’t all look like the conventional nuclear family once famously depicted in ‘Leave It To Beaver’, a Raymond James’ Point of View article observes, pointing out factors such as: the legalization of same-sex marriage an increase in the number of non-married...
“Domicile in Indiana is defined as ‘the place where a person has his true, fixed, permanent home and principal establishment, and to which place he has, whenever he is absent, the intention of returning,” an information bulletin from the State of Indiana explains....
