Progeny Law Firm

The holidays are a great time to review the past year and make plans for the upcoming one. Part of those plans should be reviewing your Estate Plan and considering what if any, steps you should take to help you achieve your goals. One of the easiest, but most overlooked, ways to do some quick planning is to take advantage of the annual per donee exclusion amount which can have a tremendous impact on reducing the estate without use of the applicable exclusion amount. The post Don’t Be a Turkey – Take Advantage of Your Annual Per Donee Exclusion Amount appeared first on Progeny Law Firm. http://dlvr.it/T0ThZ2

Estate planning is the best way to ensure your loved ones are financially and emotionally secure after your passing. Special needs caregivers have a lot on their plate, but estate planning is one area that shouldn’t be ignored. Special needs caregivers have the challenging task of planning for the future of a special needs family […] The post Estate Planning for Special Needs Caregivers appeared first on Progeny Law Firm. http://dlvr.it/T0LKkp

As year-end approaches, many individuals look for ways to lower their income tax burden. Charitable contributions allow individuals to offset a portion of their income, but not all charitable contributions are created equally, and each has certain requirements to obtain the charitable deduction. Certain charitable-giving vehicles allow a donor to get more bang for their buck. The post It’s a Great Time to Consider a Donor Advised Fund appeared first on Progeny Law Firm. http://dlvr.it/T0B6Qw

Estate planning helps you prepare for the future by protecting assets and ensuring that your last wishes are properly carried out as you intended. The focus of estate planning is generally on the appointment of beneficiaries and distribution of assets when you die, but it should also consider the important role of caregivers. This article […] The post The Importance of Caregiver Support in Estate Planning appeared first on Progeny Law Firm. http://dlvr.it/T02VGm

It’s rare that a movie centers on an archaic estate planning issue, but that’s exactly what Martin Scorsese’s latest film does. Recently Killers of the Flower Moon was released in theaters to critical acclaim. That’s no surprise. The surprise is that the central conflict of the movie focuses on several Estate Planning issues and provides real-life lessons for all of us. The post Estate Planning Lessons from the Movies – Part I appeared first on Progeny Law Firm. http://dlvr.it/SztDQr

Estate planning is often neglected when caring for aging parents. Many families view speaking about estate planning as morbid or private, and older parents may try to avoid the conversation when it’s casually brought up. Everyone dies eventually and should execute proper documents to ensure their wishes are honored regarding the transition of their estate. […] The post Estate Planning for Aging Parents: A Guide for Caregivers appeared first on Progeny Law Firm. http://dlvr.it/SzkWVN

Scammers will use any leverage possible to separate you from your money. This includes preying upon a grandparent’s love and concern for their grandchildren. The so-called grandparent scams are among the most popular scams targeting the elderly and rely upon details gleaned from social media sites to make the call seem realistic. It’s important to recognize the signs of potential scams and understand how to guard against them. The post The Seedier Side of the Holiday Season appeared first on Progeny Law Firm. http://dlvr.it/SzfPGX

It can be challenging to care for a loved one, especially if they have health issues or need around-the-clock care. Medicaid planning is one of the most important actions to ensure that loved ones can acquire the medical care and support they need while protecting their assets.  We created this handy Medicaid guide for caregivers […] The post Protecting Your Loved One’s Assets: A Caregiver’s Guide to Medicaid Planning appeared first on Progeny Law Firm. http://dlvr.it/SzfP5N