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Virginia County Stepping Up Fight Against Elder Abuse
  • Published: May 17, 2018

Did you know that a person who serves as a court-appointed guardian of both person and property, is eligible to be paid for their efforts? nj.com published an article recently that asks “Can a court-appointed guardian get paid?” The answer: yes. If you serve as a court-appointed guardian of the person and/or the property of an incapacitated person (also known as a “ward”),…Read More

Financial Planning Crucial in “Gray Divorce”
  • Published: May 16, 2018

Bloomberg’s recent article, “Rise of ‘Gray’ Divorce Forces Financial Reckoning After 50,” found that a majority of married women (56%) still leave major investing and financial planning decisions to their spouse, according to a report titled “Own Your Worth” by UBS Global Wealth Management. The study shows that it’s not just older women moving into the more traditional gender roles of their parents:…Read More

New Tax Law Has Big Changes For 529 Accounts And ABLE Plans
  • Published: May 15, 2018

Think Advisor’s recent article, “Investing in 529, ABLE Plans? Better Check Tax Law Changes,” says that the tax reform passed at the end of 2017 made important changes to educational 529 and 529 ABLE plans. The 2017 Tax Act expanded Section 529 plans, to include the use of up to $10,000 per year for elementary or secondary school expenses. The new law will…Read More

Pennsylvania Lawmaker Proposes Guardian Background Check Law To Safeguard The Elderly
  • Published: May 14, 2018

A Pennsylvania lawmaker has introduced a bill that would require background checks on those selected for appointment as guardians for the incapacitated. The Reading Eagle reports in a recent article, “Bill would require background checks for guardianship,”that Pennsylvania State Representative Mark Gillen is seeking co-sponsors for the bill, after he read about aReading Eagle investigation that found courts in Philadelphia and Montgomery counties appointed…Read More

What’s The Biggest Threat To Your Inheritance?
  • Published: May 11, 2018

The biggest hurdle to seeing a windfall from your rich grandfather isn't the possible 40% estate tax. It's your own relatives, according to CNBC in the recent article, “Say hello to the No. 1 threat to your $11 million inheritance.” A recent TD Wealth survey found that 44% of attorneys, trust officers, and accountants cited family conflicts as the biggest threat to estate…Read More

Kansas Court Says Boss’ Will Change To Benefit Employee A Fake
  • Published: May 10, 2018

The Kansas Court of Appeals recently upheld a 2016 ruling by Senior Judge William “Buck” Lyle that the codicil, or addition, to Hays millionaire Earl O. Field’s will was fraudulent. The will moved the majority of his estate to his employee Wanda Oborny. Wealth Advisor reports in the story “Kansas Bookkeeper Loses Claim On $20M Boss Estate” that the Court of Appeals found…Read More

  • Published: May 9, 2018

A North Carolina judge sentenced 41-year-old Charlinette Detmers to four years’ probation and ordered her to pay $30,000 in restitution. Wealth Advisor’s recent article, “Lover stole nearly $1M from her late husband’s estate on Lake Norman,” explains that court records identify the victim of her embezzlement as her son, Tols Detmers, who was 19 years old when he sued his mom and her…Read More

Estate Of To Kill A Mockingbird Author To Decide If Story Should Be A Play
  • Published: May 8, 2018

In spring 1957, an unknown young woman from Monroeville, Alabama, finished the first draft of a novel that was based in part on the character and experiences of her father, a local attorney. She portrayed him with conflicted feelings: as the parent she loved and also as a racist who’d attended a meeting of the Ku Klux Klan and asked…Read More

TV Dad on “Frasier” Left Huge Estate
  • Published: May 7, 2018

John Mahoney, one of the stars of the Cheers spin-off Frasier, died in hospice at 77 last month. The highly honored actor reportedly left behind an estate worth more than $5 million, according to The Daily Mail’s recent article, “Frasier star John Mahoney 'leaves behind $5 million-plus estate with 38 potential beneficiaries.'” The actor was known for his role as Marty Crane, the live-in retired father of…Read More

Vigilance Can Thwart Elder Abuse in Your Family
  • Published: May 4, 2018

Many of the most egregious crimes against seniors are unreported, and many of them are committed by family members. Forbes’s recent article, “5 Ways To Spot And Stop Elder Financial Abuse,” quotes NASAA President and Alabama Securities Commission Director Joseph Borg, who explained that "A guardian is a person or entity appointed by a court to exercise some or all authority over a…Read More

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