How Can You Reduce Your Capital Gains Taxes?

Diane, at age 80, resides in the home she has lived in for nearly 40 years. When she initially purchased the home after her husband’s death, it cost only $25,000; today it’s worth at least $675,000. Diane’s only child, Michael, … [Read more...]

Critter Corner: Should new Virginia residents Update their Out-of-State Estate Planning Documents?

Dear Ernie and Janette, I recently moved to Northern Virginia from Florida to be near my children and grandchildren. Although I really miss the warmer weather, I adore having family close by. I went to an estate planning … [Read more...]

Critter Corner: Taxes in the DMV Area For Retirees

Dear Bebe, My husband and I live in our family home in Northern Virginia, and are both recently retired. What state exemptions and deductions are available for retirees? Could you also tell me about Maryland and DC, since we … [Read more...]

Why Am I Left in the Waiting Room?

Patricia Hardy Johnson was the mother of three daughters: Kathy Wolens, Deirdre Mistri, and Carol Alexander. Prior to her death, Patricia Johnson maintained several investment accounts with Citibank worth nearly $850,000 that were … [Read more...]

Veterans Benefits for Alzheimer’s and Dementia

Q. I read that Veterans who experienced brain trauma in the course of their service are at a 60% higher risk for developing dementia, while those who have experienced PTSD are twice as likely. My father is a Vietnam Veteran who … [Read more...]

Will You be a Financial Burden to Your Adult Children?

Lois has a long history of money mismanagement, but she’s gotten much better about saving money as she’s gotten older. When her mother died, Lois inherited a modest sum, and was quite disciplined with the money. She didn’t buy the … [Read more...]

Estate Planning for Every Stage of Life

Q. I am a middle age divorcee who lives in a condominium complex with people of all ages, some who rent and others who own. My next door neighbors are a 60-year-old couple who have been married for 35 years, and on the other side … [Read more...]

Yikes! Our Top 10 Scariest Articles of 2018

Believe it or not, in Elder Law, Estate Planning, and Special Needs Planning, there are some news stories that sound more like the scary plots of horror movies than real life. The topics can be so horrifying that suddenly, you … [Read more...]

The 7 Stages of Alzheimer’s

Q. I recently heard that Sandra Day O'Connor, the first female Supreme Court Justice, announced that she has Alzheimer's disease. Her son explained how she overcame so many obstacles in her life that she was convinced that she … [Read more...]

2019 Key Elder Law Dollar Amounts

Every year we release the key dollar amounts that are frequently used in elder law, including Medicaid figures, long-term care insurance deductibility limits, Medicare premiums, Social Security Disability, and Supplemental … [Read more...]