Switch to ADA Accessible Theme
Close Menu

Monthly Archives: December 2020

bigstock-Word-Writing-Text-Know-Your-Ro-397520240.jpg

Do You Know Your Job as Executor, Agent or Trustee?

By Fisher Law LLC |

It’s not uncommon for a named executor or trustee to have some anxiety when they discover that they were named in a family member’s estate planning documents. With the testator or grantor dead or incapacitated, the named individual is often desperate to learn what their responsibilities are. It may seem like they’re asked to… Read More »

Facebook Twitter LinkedIn
bigstock-Beneficiary-Word-Is-Written-In-387004813.jpg

What Happens If You Fail to Submit a Change of Beneficiary Form?

By Fisher Law LLC |

Wealth Advisor’s recent article entitled “I’m being denied an inheritance. Can they do that?” explains the situation where an individual, Peter, was given a CD/IRA by a friend named Paul. Paul told Peter that he wanted him to have it, in case anything happened to him. Paul was married and didn’t tell his wife… Read More »

Facebook Twitter LinkedIn
bigstock-Estate-Law-Last-Will-And-Test-262918339.jpg

Is Probate Required If There Is a Surviving Spouse?

By Fisher Law LLC |

Probate, also called “estate administration, ” is the management and final settlement of a deceased person’s estate. It is conducted by an executor, also known as a personal representative, who is nominated in the will and approved by the court. Estate administration needs to be done when there are assets subject to probate, regardless… Read More »

Facebook Twitter LinkedIn
bigstock-222960577.jpg

Should a Husband and Wife have Separate Trusts?

By Fisher Law LLC |

The decision about separate or joint trusts is not as straightforward as you might think. Sometimes, there is an obvious need to keep things separate, according to the recent article “Joint Trusts or Separate Trusts: Advice for Married Couples” from Kiplinger. However, it is not always the case. A revocable living trust is a… Read More »

Facebook Twitter LinkedIn
bigstock-A-Wooden-Block-With-The-Word-M-393407093.jpg

Does New Federal Regulation Mean Lower Prescription Drug Prices?

By Fisher Law LLC |

HHS announced a rule that would require manufacturers to give Medicare beneficiaries enrolled in the Part D prescription drug program the rebates that insurers and middlemen, known as “pharmacy benefit managers, ” use to negotiate and keep monthly premiums down. According to the nonpartisan Congressional Budget Office (CBO), this regulation would cause Part D… Read More »

Facebook Twitter LinkedIn
bigstock-Doctor-Holding-A-Card-With-Med-351146876.jpg

Which Medicare Expenses will Increase in Cost Next Year?

By Fisher Law LLC |

Several premiums and deductibles for those seniors with the traditional Medicare health insurance are increasing for the new year, the federal government announced in early November. Money Talks News’s recent article entitled “These Medicare Expenses Will Jump in January” reported that the rising costs include the following: The 2021 Medicare Part B standard premium… Read More »

Facebook Twitter LinkedIn
bigstock-Alzheimer-Awareness-And-Memory-397344275.jpg

Are Alzheimer’s and Dementia the Same Thing?

By Fisher Law LLC |

Dementia is an umbrella term used to describe a group of symptoms that affect memory, communication abilities and activities of daily activities. Alzheimer’s is the most common cause of dementia. It affects roughly 60-80% of the people with dementia. Alzheimer’s is a specific disease, and dementia is a syndrome or category, explains The Advocate… Read More »

Facebook Twitter LinkedIn
bigstock-Hand-Flip-Wooden-Cube-Block-Wi-248764477-1.jpg

Beware of Do It Yourself Planning

By Fisher Law LLC |

We hear this question all the time: “Can’t I just grab a will off the internet, do a transfer-on-death deed for my land, put my kids on my bank account, and be done with my estate plan?” It’s just not a good idea. For the plan to work as you would want it to,… Read More »

Facebook Twitter LinkedIn
bigstock-Wooden-Block-With-A-Question-M-333545290.jpg

How Should I Go about Researching Assisted Living Facilities?

By Fisher Law LLC |

This can be a daunting task because there are so many different types of facilities to care for aging seniors. Each type has different services and accepts different payment sources. US News & World Report’s recent article entitled “What Is the Best Way to Research Assisted Living Facilities?” says that there are plenty of… Read More »

Facebook Twitter LinkedIn
bigstock-Reminder-Note-With-Words-Tax-R-362783068.jpg

Households with Higher-Incomes and Biden Tax Reform

By Fisher Law LLC |

As Americans look ahead to a Biden Harris Administration, noting the President-elect’s tax plan is crucial for higher-income households to understand and likely make adjustments to their financial and legacy planning. Generally speaking, the sweeping changes to the tax code will aim to levy higher taxes on corporations and high-income households. It will also… Read More »

Facebook Twitter LinkedIn