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9 Apr 2021, 10:49 am
Once the money has been distributed to the beneficiary, though, the creditors will be able to reach it.If you have a special needs child or grandchild, a special needs trust may be an appropriate consideration. [read post]
4 May 2023, 5:50 am
A Divorced Parent’s Obligation To Pay For College In Illinois In Illinois, married parents are governed by the Illinois Marriage and Dissolution of Marriage Act which provides that “The court may award sums of money out of the property and income of either or both parties or the estate of a deceased parent, as equity may require, for the educational expenses of any child of the parties. [read post]
3 Dec 2009, 6:28 am
How will this impact settlement of estates and determination of heirs? [read post]
3 Dec 2009, 7:21 am
How will this impact settlement of estates and determination of heirs? [read post]
14 Apr 2024, 2:02 pm
Suppose you intend for a specific heir, such as a child, to inherit your property, but you co-own it with another. [read post]
27 Feb 2015, 9:30 am
A nice feature of a trust is that you have the option to add terms that detail how and when a child is entitled to receive the assets. [read post]
20 Apr 2016, 3:03 pm
In Matter of Jakia A.F., decided by Bronx Surrogate Nelida Malave-Gonzalez on April 11, 2016, the Court suspended and revoked letters of guardianship that were granted to an infant’s mother to safeguard her child’s property. [read post]
7 Oct 2022, 6:45 am
” Marriage, the birth of a child, children becoming adults, the death of a spouse or the sale of a business are some of the life events in which one should consider updating their will, Friedman said. [read post]
20 Jan 2020, 1:32 pm
A common classification of deeds is real estate, which is a title (or interest) in a specific piece of real estate. [read post]
23 Jan 2012, 11:00 am
In all likelihood, the vacation home is not an asset you would want to give to just one child, especially if it was where everyone spent their summers together. [read post]
21 Jan 2010, 7:12 pm
On September 2008 Ohio added the ability to exempt the child tax credit and the unearned income credit. [read post]
1 Jun 2012, 10:48 am
It’s possible the debtor might only have listed debts that would have survived the Chapter 7 – like mortgage debt, certain taxes, student loans, child support, and so forth. [read post]
25 Oct 2009, 4:59 pm
I love sharing what I’ve learned both as the parent of a child with special needs, and as a lawyer who hears many stories from parents concerned about the future of their children. [read post]
28 Apr 2008, 4:30 pm
If the estate is below that figure, typically it is not necessary to file a federal estate tax return. [read post]
4 Sep 2008, 2:12 am
Estate Tax - The estate tax exemption would be increased to $5 million per person with a top estate tax rate of 15%. [read post]
10 Feb 2010, 12:57 am
We submit that an understanding of the Individuals with Disabilities Education Act will facilitate the obligation of all lawyers involved in divorce proceedings to reach the result that is in the best interests of the child" OUTSIDE COUNSEL: A Look at the Current Muddled State of the Federal Estate TaxWednesday, February 10, 2010By Leo Matarazzo and Gary A. [read post]
18 Jul 2012, 7:30 am
For more information on the benefits of creating a trust for your children, read: Is Your Child Trust-Worthy? [read post]
9 Apr 2014, 11:00 am
” So, what is “Medicaid Estate Recovery”? [read post]
16 Jun 2017, 4:09 am
It’s easy to use general “they’re great” testimonials, but a client with a special needs child will be more moved to action by a testimonial about a special needs family and the planning you did to protect their child and the family’s future. [read post]
12 Feb 2018, 4:00 am
That cash flow could be the basis for the calculation of spousal support and child support payments. [read post]
