Blog

Sept. 4, 2023

As our brave men and women in uniform return home from their service, it is essential to ensure that they are supported and provided with the necessary resources to thrive in civilian life. One critical aspect of this support is safeguarding their hard-earned assets and financial well-being. The Veterans Asset Protection Trust (VAPT) is a powerful tool designed to protect veterans' assets and provide them with peace of mind as they transition into civilian life.

Aug. 28, 2023

When individuals cannot manage their finances, courts can appoint guardians. Financial guardianship is for those who need help handling money. Depending on the jurisdiction, financial guardianship may also be called guardianship of the estate or conservatorship. In cases where individuals need help with personal and financial decisions, the court can order guardianship of the person and estate. The guardian makes both personal and financial decisions for the protected person.

Aug. 21, 2023

Compliance with the Corporate Transparency Act is crucial for affected business owners. The Act sets a compliance deadline of January 1, 2024. By this date, all covered entities must submit the required beneficial ownership information to FinCEN.

Aug. 14, 2023

The majority of business owners, including the real estate investors and small family businesses, will be affected by the Corporate Transparency Act (CTA). CTA, effective on January 1, 2024, requires reporting entities to disclose the information about their beneficial owners.

Aug. 7, 2023

The Corporate Transparency Act (CTA) is a significant piece of legislation that aims to enhance corporate transparency, prevent money laundering, and combat the financing of terrorism. Enacted on January 1, 2021, this bipartisan law has far-reaching implications for businesses across the United States.

July 31, 2023

When Geraldine Tyler, age 94, relocated to a senior community, she stopped paying property taxes on her home. After the property was foreclosed on, the county where Tyler’s home was located sold the property for $40,000 to recover about $15,000 in unpaid property taxes. Tyler received none of the remaining profits from the sale.

July 24, 2023

When an individual passes away without a funeral plan, responsibility for arranging the funeral often falls on the deceased’s close family members, such as surviving spouses and children. Planning your own funeral arrangements can assist your loved ones in an emotionally challenging time, while also protecting them from incurring extraneous costs.

July 17, 2023

Guardianship administration and litigation are legal processes designed to protect individuals who are deemed unable to make important decisions for themselves, such as elderly individuals with dementia or minors. These legal actions aim to appoint a guardian who can act in the best interests of the vulnerable person and ensure that their rights are protected.

July 10, 2023

A Do Not Resuscitate (DNR) order is a medical order that instructs healthcare providers not to perform cardiopulmonary resuscitation (CPR) on a patient in the event of cardiac arrest. DNR orders are typically requested by patients or their families when the patient has a terminal illness or is otherwise nearing the end of their life.

July 3, 2023

When you assume the role of the health care proxy of a loved one, you make crucial medical decisions on their behalf. If your loved one becomes incapacitated and cannot communicate with health care providers, you are responsible for ensuring health care providers respect their preferences for care.