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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.
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Archives

Monthly Archive for: "July, 2025"
Home /
 Will Joint Account with Son Result in Gift Tax?
0
By Harry Margolis
In Estate and Gift Taxes
Posted July 30, 2025

Will Joint Account with Son Result in Gift Tax?

Question: For many years, I have been contributing annual gifts (less than the exclusion amount) to a joint account I set up for my son. I’m a joint owner but the account is in his Social [...]

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 Do You Need a Guardian or Conservator if a Health Care Proxy and Power of Attorney are in Place?
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By Harry Margolis
In Durable Powers of Attorney, Guardianship and Conservatorship, Health Care Directives
Posted July 25, 2025

Do You Need a Guardian or Conservator if a Health Care Proxy and Power of Attorney are in Place?

Question: I’m wondering, if someone had named agents under a health care proxy and power of attorney while they had capacity, is there any benefit to also petitioning for guardianship or [...]

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 How Can I Find and Choose a Good Elder Law Attorney?
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By Harry Margolis
In Long-Term Care Planning
Posted July 23, 2025

How Can I Find and Choose a Good Elder Law Attorney?

Question: Where do you find an elder law attorney and what should they ask to choose a good legal partner? Response: The best way to find a good lawyer or other professional is to ask friends, [...]

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 What are the Filial Responsibility Laws for Paying for a Parent’s Care?
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By Harry Margolis
In Long-Term Care Planning
Posted July 18, 2025

What are the Filial Responsibility Laws for Paying for a Parent’s Care?

Question: What are familial responsibility laws – how many states still have these on the books and how does this affect family members? (I read that in China a lawsuit was settled resulting in [...]

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 How Can You Avoid Estate Disputes in Blended Families?
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By Harry Margolis
In Non-Traditional Families
Posted July 16, 2025

How Can You Avoid Estate Disputes in Blended Families?

Question: What are the challenges of “blended families”? I’m thinking about the Casey Kasem case where his wife and child not only battled in court but he was moved out of state and all [...]

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Categories
  • Asset Protection (38)
  • Charitable Giving (11)
  • Durable Powers of Attorney (54)
  • Estate and Gift Taxes (70)
  • Guardianship and Conservatorship (14)
  • Health Care Directives (15)
  • Irrevocable Trusts (77)
  • Long-Term Care Planning (197)
  • Non-Traditional Families (18)
  • Non-US Citizens (43)
  • Pets (6)
  • Practical Matters (17)
  • Probate (65)
  • Property in Other Countries (6)
  • Real Estate (121)
  • Retirement Plans (25)
  • Revocable Trusts (148)
  • Second Marriages (12)
  • Social Security (20)
  • Special Needs Planning (99)
  • Trustee (55)
  • Vacation Homes (5)
  • Wills (69)
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Wondering if a trust makes sense for you?

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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