<p>Giving your house to your children can have tax consequences, but there are ways to accomplish it tax-free. The best method to use will depend on your individual circumstances and needs.</p>
<p><span>The Internal Revenue Service (IRS) is increasing the amount taxpayers can deduct from their 2017 income as a result of buying long-term care insurance.</span></p>
<p>While you are eligible to apply for Medicare when you are 65, there are circumstances where you might not want to, particularly if you are working full time for a larger employer or contributing to a health savings account.</p>
Elder Care Collaboration: Medical and Legal (Part 1 of 3) Many older adults utilize the expertise of attorneys and physicians in the complex pursuit of the best possible health and wellbeing. At Weatherby & Associates, PC we pride ourselves on interdisciplinary collaboration to help our clients live well. We should always acknowledge the areas of […]
Special Needs Trust – What is it?You may have heard the term “Special Needs Trust” before. But do you know what it means? What makes a Special Needs Trust different than other types of trusts? In what sort of situation is it appropriate to have a Special Needs Trust?A Special Needs Trust is intended to […]
Living Will – Having a one is Crucial Have you ever given thought to who benefits from good estate planning? There are many good answers. Estate planning can benefit your spouse and it can benefit your descendants who stand to inherit your assets after your die. And in another sense it can benefit whoever is […]
Lawyers can be expensive. But the value of good legal advice is not always appreciated. In the area of business transactions legal costs should seem far less “costly” when weighed against the potential negative costs when business deals fall apart. The 2016 Mississippi Supreme Court case of Kilpatrick v. White Hall on MS River, LLC is an example […]
Assisted Reproductive Technology and Estate PlanningEstate planning is often seen as a conservative, static area of the law, where common practices adhere to customary norms and traditions. But one area where good comprehensive estate planning must adapt is in reaction to the many new and different ways in which assisted reproductive technology is revolutionizing the […]
Conservatorship of Britney SpearsIn our practice we see many conservatorships. And frequently we help clients avoid conservatorships in the first place. There are many reasons why seeking a conservatorship for yourself or a loved one is a big step not to be taken lightly. The case of the superstar entertainer Britney Spears illustrates a cautionary aspect of conservatorships […]
VETERANS BENEFITSVA Recognizes Disability Caused by Service at Camp LejeuneFor nearly 30 years the water at U.S. Marine Corps Base Camp Lejeune was contaminated by various chemicals. The United States Department of Veterans Affairs (“VA”) is now proposing regulations recognizing that kidney cancer, liver cancer, non-Hodgkin lymphoma, leukemia, multiple myeloma, scleroderma, Parkinson’s disease and aplastic […]