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How Does a Charitable Trust Work?

By Fisher Law LLC |

A charitable trust can provide an alternative to meeting your wishes for charities and your loved ones, while serving to minimize tax liabilities. There are pros and cons to consider, according to a recent article titled “Here’s how to create a charitable trust as part of an estate plan” from CNBC. Many families are… Read More »

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Is an Irrevocable Trust a Good Idea?

By Fisher Law LLC |

An irrevocable trust is mainly used for tax planning, says a recent article from Think Advisor titled “10 Facts to Know About Irrevocable Trusts.” Its key purpose is to take assets out of an estate, reducing the chances of having to pay estate taxes. For estate planning purposes, placing assets inside the irrevocable trust… Read More »

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Can I Recognize Signs of Dementia?

By Fisher Law LLC |

More than 50 million people around the world have dementia, and 10 million more are diagnosed each year, according to the World Health Organization. In fact, one in 10 Americans 65 and older has Alzheimer’s dementia, according to the Alzheimer’s Association. KSL.com’s recent article titled “11 signs of dementia everyone should know” says that… Read More »

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What Legal Documents Should You Have?

By Fisher Law LLC |

You might think that the coronavirus pandemic has caused everyone to get their estate planning documents in order, but the 20th annual Transamerica Retirement Survey of Retirees found that 30% of all retirees have nothing prepared—not even a will. That’s not good, for them or their families, says this timely article “6 Legal Documents… Read More »

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What Kind of Estate Planning Mistakes Do People Make?

By Fisher Law LLC |

Estate planning for any sized estate is an important responsibility to loved ones. Done correctly, it can help families flourish over generations, control how legacies are distributed and convey values from parents to children to grandchildren. However, a failed estate plan, says a recent article from Suffolk News-Herald titled “Estate planning mistakes to avoid,… Read More »

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Should I Create Estate Plan Myself?

By Fisher Law LLC |

US News & World Report’s recent article entitled “Do-It-Yourself Estate Planning Mistakes” provides some issues that do-it-yourself estate planners might encounter and why it is best to consult an experienced estate planning attorney. What are the Right Questions to Ask? Completing a simple and straightforward form—like a beneficiary designation for your IRA— is one… Read More »

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How Can Estate Planning Address the Troubled Child?

By Fisher Law LLC |

Every family has unique challenges when planning for the future, and every family needs to consider its individual beneficiaries in an honest light, even when the view isn’t pretty. Concerns may range from adults with substance abuse problems, an inability to make good decisions, or siblings with worrisome marriages. These situations can be addressed… Read More »

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What Steps to Take when Dementia Begins

By Fisher Law LLC |

Covid-19 has made travelling more difficult, so holiday visits this year may not be the same triggering event they were in the past. However, even an online holiday visit can reveal a great deal of change, reports a recent article “Elder Care: When the children don’t notice” from The Sentinel. An elderly spouse caring… Read More »

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What Should I Know, If I Need to Take an Elderly Person to the Doctor?

By Fisher Law LLC |

First, know and understand the rules in the pandemic. AARP’s August 17 article entitled “4 Things to Know When Taking a Loved One to the Doctor During COVID-19” provides four other things to consider as you plan doctors’ appointments. Is there an urgent need for the appointment? A caregiver of a senior may be… Read More »

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Ten Organizations that Provide Resources for Seniors Who Live Independently

By Fisher Law LLC |

America’s aging population is becoming comprised heavily of tech-savvy baby boomers. By 2030 all boomers will have hit 65 years of age, accounting for 18 percent of the US population. This demographic is driving significant and lasting challenges as 10, 000 baby boomers turn 65 every day. Aging in place is a significant trend… Read More »

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