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Estate Planning & Elder Law Blog

Gift and Estate Tax Exemption Limits Increase for 2024

It’s nobler to give than to take, the saying goes, and giving assets to loved ones while you’re still alive is a great way for them to enjoy the benefits right away—and for you to delight in seeing them enhance their lives.
12/13/23 • by: The Law Office of John A. Laine, P.C.
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Problems Created by Adding Adult Children as Joint Owners

You’ve likely heard your friends or family—or even the bank teller, at times—counsel you to add an adult child to your bank account.
12/07/23 • by: The Law Office of John A. Laine, P.C.
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Social Security Scammers Embracing Artificial Intelligence

AI Elder Fraud On The Rise.
12/01/23 • by: The Law Office of John A. Laine, P.C.
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Protecting Elderly Parents

As our parents age, the responsibility often falls on us to ensure their well-being and safety. This article delves deep into the various ways you can protect your elderly parents, especially in the realms of finance, health and overall security. With the rise of scams targeting the elderly and the challenges of dementia, it’s crucial to be proactive. Read on to discover actionable steps and essential knowledge to safeguard your loved ones. How to Start the Conversation with Your Elderly Parent? Starting the conversation about their safety and well-being can be challenging. It’s essential to approach the topic with sensitivity…
11/27/23 • by: The Law Office of John A. Laine, P.C.
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Estate Plan can Ease Anxiety and Confirm Legacy

Preparing for the future supports the causes you believe in and provides peace of mind for you and your heirs.
10/17/23 • by: The Law Office of John A. Laine, P.C.
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What Improvements Make My Home a Better Place to Age?

Staying in your own home as you grow older is called ‘aging in place,'” the National Institute on Aging says.
10/17/23 • by: The Law Office of John A. Laine, P.C.
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Now Is the Time for Estate Planning

As life is unpredictable, it is better to start planning sooner rather than later. In fact, upon attaining the legal age of majority in your state of residence (typically at age 18), you should begin considering some form of an estate plan.
10/11/23 • by: The Law Office of John A. Laine, P.C.
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Revocable Trusts Make Sense for Retirees

If you plan to pass assets through a will, just remember that most of the time, that will becomes public once the probate estate is closed. Therefore, if you left one of your children out, left your favorite a bit more or are just a private person, you may be better off with a trust.
10/11/23 • by: The Law Office of John A. Laine, P.C.
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Three More Reasons to Have an Estate Plan

Estate planning not only makes things easier for your loved ones if you become incapacitated or when you’re gone, but it also does these three important things.
10/02/23 • by: The Law Office of John A. Laine, P.C.
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Is a Power of Attorney Really Necessary?

A document usually included in an estate planning package is a financial power of attorney. What is a financial power of attorney?
09/26/23 • by: The Law Office of John A. Laine, P.C.
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