What You Need to Know about Probate
Posted on October 1, 2021 by shieldsandboris
A will is a legal document that spells out the distribution of your assets and how your children will be cared for at your death. Probate is a process used to prove a decedent’s will is valid and to supervise the handling of their estate.
Which Supplements Should I Take after 50? Are Some a Waste of Money?
Posted on September 30, 2021 by shieldsandboris
Taking a dietary supplement or two (or five) every day isn’t exactly uncommon. About 70 percent of adults age 60 and older reported taking at least one supplement in the last month — be it a multivitamin or a chocolate-flavored calcium chew. About 30 percent took at least four, research shows.
How Do I Sell a Home in an Irrevocable Trust?
Posted on September 29, 2021 by shieldsandboris
I’m a trustee selling a home in irrevocable trust for a parent who died. There are two beneficiaries who will get the sale proceeds with a stepped-up basis. I’m filing Form 1041 but do I still have to file a Form 1040 to report anything for the beneficiaries?
What are Conservatorships and Is Britney Spears’ Typical?
Posted on September 28, 2021 by shieldsandboris
While Britney Spears says her own conservatorship is abusive, the legal device has long been criticized for facilitating elder abuse and undercutting disability rights.