A “Section 529 plan” is a tax-advantaged savings plan designed to encourage saving for future college costs. 529 plans, legally known as “qualified tuition plans,” are sponsored by states, state agencies, or educational institutions and are authorized by Section 529 of the Internal Revenue Code. All fifty states and the District of Columbia sponsor at […]
91, 56, 80, 25, 25, 54, 95, 66, 94, 44, 91
You’re probably curious about what the above string of numbers means or refers to. Is it the winning numbers in some new “Pick 11 Mega-Lottery?” Is it a secret code of some sort? You’ll probably be surprised to learn that it is the ages of people whose obituaries appeared in a local newspaper one recent […]
Does your estate plan include your pets?
Many people (including us) think of their pets as members of their family. They are an important part of our lives, and they hold an important place in our hearts. Nonetheless, very few people provide for their pets in their estate plans. Most often, the subject never comes up in discussions with the attorney preparing […]
BABY BOOMERS, ROBOTS & CAREGIVER SHORTAGES
Understanding the effects of the relative size of the Baby Boom compared to preceding and succeeding age groups is essential to anticipating the demand for long-term services and support and the potential availability of family care in the future. And then I learned about Linda. At first, Linda doesn’t seem like the sort of career […]
Medicaid Protections for the Healthy Spouse
Wes Coulson Explains the Illinois and Missouri Rules, and That Planning Produces Better Results than the Rules would Suggest. The original newsletter that everyone received via an email newsletter today was taken from the National Academy of Elder Law Attorneys (NAELA), a very reputable source. Upon reviewing the article, Wes Coulson noted a need for […]
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