• take action: Plan Your Estate
  • Ask a Question

    Ask Harry a Question

    • This field is for validation purposes and should be left unchanged.

    Close
  • Books
  • Podcasts
  • Guides
  • Subscribe

    Subscribe to the Ask Harry blog

    Loading
    Close
Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself. Answers to your estate planning questions so you can take care of your family and yourself.
  • Ask a Question

    Ask Harry a Question

    • This field is for validation purposes and should be left unchanged.

    Close
  • Books
  • Podcasts
  • Guides
  • Subscribe

    Subscribe to the Ask Harry blog

    Loading
    Close

Archives

Monthly Archive for: "September, 2023"
Home /
 What Happens to My Younger Spouse’s Social Security Benefits If He Keeps Working?
0
By Harry Margolis
In Social Security
Posted September 29, 2023

What Happens to My Younger Spouse’s Social Security Benefits If He Keeps Working?

Question: I plan on remarrying. I am 67 and get full Social Security benefits. If I should pass, I know my husband can get my benefits. Is his benefit amount reduced if he continues to work [...]

READ MORE
 Does My Aunt Really Need a Revocable Trust?
0
By Harry Margolis
In Revocable Trusts
Posted September 27, 2023

Does My Aunt Really Need a Revocable Trust?

Question: I am the executor for my 89-year-old aunt in NYC. She recently spoke with a lawyer about updating her will and he recommended creating a revocable trust to avoid probate even though she [...]

READ MORE
0
By Harry Margolis
In Probate
Posted September 25, 2023

Can I Use Niece’s Inheritance to Pay Off Her Student Loans?

Question: I am the executor of my brother’s estate. My niece and I do not agree on one issue: her student loans. I spoke with a close family friend last night. We both agree that my brother [...]

READ MORE
 Can Overseas Workers Contribute to IRAs?
0
By Harry Margolis
In Retirement Plans
Posted September 22, 2023

Can Overseas Workers Contribute to IRAs?

Question: My daughter is now working in Amsterdam for a European-based company. She’s wondering if she can continue to contribute to her Roth IRA or her individual IRA. Response: This is outside [...]

READ MORE
 Do We Need to Change to Tenancy in Common Before Placing House in Trust?
0
By Harry Margolis
In Real Estate, Revocable Trusts
Posted September 20, 2023

Do We Need to Change to Tenancy in Common Before Placing House in Trust?

Question: We are elderly married Massachusetts residents, and we own our home tenants by the entirety. We would like to put our home in a revocable shared living trust, so the house can pass from [...]

READ MORE
 Is My Mother’s Will Invalid?
0
By Harry Margolis
In Probate, Wills
Posted September 15, 2023

Is My Mother’s Will Invalid?

Question: I am the executor of my mother’s will. I have 4 siblings that are living. When the will was written up my mother signed and the notary had my son and myself sign as witnesses, not [...]

READ MORE
 Is Old Massachusetts Homestead Declaration Still Valid?
1
By Harry Margolis
In Real Estate
Posted September 11, 2023

Is Old Massachusetts Homestead Declaration Still Valid?

Question: Regarding your article “What Protection Do Homestead…,” and regarding the clause, “signed under pains and penalty of perjury,” we filed the official Mass form in 2008 which [...]

READ MORE
 How Do We Apply for the Caretaker Child Exception for Our Mother’s House?
0
By Harry Margolis
In Long-Term Care Planning
Posted September 8, 2023

How Do We Apply for the Caretaker Child Exception for Our Mother’s House?

Question: My mother owns her home and her two sons, one who is disabled have lived with her for over eight years. In the last three years she has developed dementia. My brothers took care of her [...]

READ MORE
 Will Our Estate Be Subject to the Massachusetts Estate Tax?
0
By Harry Margolis
In Estate and Gift Taxes
Posted September 6, 2023

Will Our Estate Be Subject to the Massachusetts Estate Tax?

Question: My wife and I live in the great state of Massachusetts and have each funded our own individual credit shelter trusts for $1 million. Beyond that we have about $500,000 in a joint bank [...]

READ MORE
 Are Handwritten Notes on Will Effective?
0
By Harry Margolis
In Wills
Posted September 1, 2023

Are Handwritten Notes on Will Effective?

Question: I’m a decades-long widow. My children (kindergarten then, 40+ years old now) have made me a happy G-Ma! My trust and will were written way back in the 1980s and need updating, BUT [...]

READ MORE
Categories
  • Asset Protection (37)
  • Charitable Giving (11)
  • Durable Powers of Attorney (52)
  • Estate and Gift Taxes (69)
  • Guardianship and Conservatorship (10)
  • Health Care Directives (14)
  • Housing and Urban Development (HUD) (1)
  • Irrevocable Trusts (76)
  • Long-Term Care Planning (192)
  • Non-Traditional Families (17)
  • Non-US Citizens (40)
  • Pets (6)
  • Practical Matters (17)
  • Probate (64)
  • Property in Other Countries (6)
  • Real Estate (117)
  • Retirement Plans (25)
  • Revocable Trusts (144)
  • Second Marriages (12)
  • Social Security (20)
  • Special Needs Planning (97)
  • Trustee (55)
  • Vacation Homes (5)
  • Wills (68)
© All Rights Reserved  |  Privacy Policy

Start typing and press Enter to search

Wondering if a trust makes sense for you?

This comprehensive guide provides all you need to know (in plain English).

Get the Book
(An Amazon Prime Reading selection)

Harry Margolis book: The Baby Boomers Guide to Estate Planning

Read Sample Chapters

Wondering if a trust makes sense for you?

This comprehensive guide provides all you need to know (in plain English).

Harry Margolis book: The Baby Boomers Guide to Estate Planning

Get the Book
(An Amazon Prime Reading selection)

Read Sample Chapters

subscribe