Vanessa Terzian E: vterzian@lagerlof.com PH: 818-864-6174 | Edward Terzian E: consultation@inheritancerecovery.com PH: 818-579-2358
Planning for Estate Taxes in 2013 and Beyond What will happen to estate taxes in 2013? Right now, you may as well try to predict what the weather will be on Jan. 1 than count on new laws from a contentious Congress still debating the scenarios. The estate and gift tax exemptions that were set…
DetailsCould You Be Responsible for Your Parents’ Long-Term Care Bill? Currently, 29 states have what is known as filial support laws, which means that children of destitute parents could be on the hook for unpaid long-term care bills. Historically, usage of these laws has been uncommon, but with cutbacks to federally funded programs like Medicaid,…
DetailsHow to Protect Your Assets Through Estate Planning If you need to transfer assets to or from an estate, retirement fund, bank account, or other property/accounts for any reason, there are a few intelligent places to transfer to, with the help of a Personal Family Lawyer®. Certain places that you can transfer money to–both in…
DetailsHow to Correctly Name Beneficiaries for Your IRAs You could be unintentionally reducing your family’s wealth potential if you do not properly designate the beneficiaries of your IRAs. Improper estate planning could mean that your IRA assets could pass to the wrong people or entities, so how you execute your beneficiary designations is critically important.…
DetailsWhat to Do When You Inherit a Retirement Account As a Personal Family Lawyer®, I am often asked to help people who inherit a retirement account. The action you need to take with an inherited IRA depends upon your unique situation; the IRS has rules for each and recently announced that they will be cracking…
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