On Behalf of Law Offices of Gerald L. Kane | Mar 7, 2013 | Elder Law, Estate Planning, Finance, Health Care Directives, Insurance, Taxes
There are a number of essential things a last will and testament can do for you, such as distribute family heirlooms and name a guardian for minor children, but there are some equally important things a will won’t do: Diminish estate taxes – a will won’t help you...
On Behalf of Law Offices of Gerald L. Kane | Feb 21, 2013 | Family, Finance, Kids Protection, Personal Family Lawyer, Special Needs
While most parents have the inclination to treat all their children equally when it comes to an inheritance, I know that this is not always the wise choice. Here are some scenarios when an unequal distribution may be better: Children of unequal wealth – If you have...
On Behalf of Law Offices of Gerald L. Kane | Nov 20, 2012 | Cool Stuff
Court Orders Son To Pay His Mother’s $93, 000 Nursing Home Bill By definition, “filial” means the relationship of child to parent. Over the past few years, we have seen new state laws addressing this relationship by requiring adult children to be responsible for...
On Behalf of Law Offices of Gerald L. Kane | Nov 2, 2012 | Cool Stuff
Family relationships can be difficult, sometimes leading to a parent and child no longer speaking to one other. When someone is in this situation, it is worthwhile for that person to evaluate his or her long term expectations for what will happen as his or her parent...
On Behalf of Law Offices of Gerald L. Kane | Oct 23, 2012 | Cool Stuff
A child’s wedding day is one of the happiest occasions in life for most parents, especially when they approve wholeheartedly of that child’s choice of mate. Sometimes, however, the choice is not always welcomed and parents become concerned about how to protect assets...
On Behalf of Law Offices of Gerald L. Kane | Oct 2, 2012 | Cool Stuff, Estate Planning, Personal Family Lawyer
Each day, new technology is introduced and adopted into our daily lives. For example, it is hard to imagine that the iPhone® was first introduced to us in 2007. Five years later, most of us have either adopted it or an android cellular phone into our daily...
On Behalf of Law Offices of Gerald L. Kane | Jul 31, 2012 | Business, Elder Law, Estate Planning, Finance, Medicaid, Personal Family Lawyer
People often wonder about the value of using irrevocable trusts in Medicaid planning. Certainly gifting of assets can be done outright, not involving an irrevocable trust. Outright gifts have the advantages of being simple to do with minimal costs involved, including...
On Behalf of Law Offices of Gerald L. Kane | Jul 23, 2012 | Estate Planning, Family, Personal Family Lawyer
Well, it’s official: Our adopted black kitties are members of the family without prejudice. You may remember my telling you when Karen and I brought them home. They are really cute and provide us a lot of entertainment and, of course, love. (Did you know it’s been...
On Behalf of Law Offices of Gerald L. Kane | Jul 17, 2012 | Cool Stuff, Estate Planning, Family, Personal Family Lawyer
If one were to believe for a second that pets are not important, they might consider the impact owners’ love for their furry friends have on the US economy: Over $35 BILLION spent on grooming, healthcare, shelter, food, etc. To put it in perspective: According to the...
On Behalf of Law Offices of Gerald L. Kane | Jul 12, 2012 | Gerry's Corner
I hope you all are still enjoying the Summer! Vacations, summer camp, swimming, camping… all the things that are most fun when it’s warmer weather keep you busy when these things are “thrown into the mix” of your regular routine! We are having a fairly quiet Summer...
