Elder Care Law: Long-Term Care

Elder law attorney Randall Kaiden is working to ensure that seniors have the opportunity to live out their lives, their way. For the last decade, about 10,000 people have turned 65 each day, and according to Kaiden, this trend should continue for the next decade as well. In regards to the aging population, the best place for seniors to live is often in their own homes. Kaiden often asks his clients, “Who’s the most famous person you know, who had full-blown Alzheimer’s, never left his home and stayed there for the rest of his life?” The answer is Ronald Reagan.

Read more: http://www.hometownstation.com/santa-clarita-news/business/elder-care-law-the-long-term-care-spectrum-180009

Passing Your Home to Your Children Tax-Free

Giving your house to your children can have tax consequences, but there are ways to accomplish it tax-free. The best method to use will depend on your individual circumstances and needs. The simplest way to give your house to your children is to leave it to them in your will. As long as the total amount of your estate is under $5.45 million (in 2016), your estate will not pay estate taxes. In addition, when your children inherit property, it reduces the amount of capital gains taxes they will have to pay if they sell the property.

Read more: http://www.elderlawanswers.com/how-to-pass-your-home-to-your-children-tax-free-15866

Jewish Post: Estate planning and elder law benefit all

If a trip abroad were in your future, you’d undoubtedly make careful plans, from financial arrangements to who’ll take care of your house and dependents during your absence. But despite the realities of aging and death, many of us are less proactive when it comes to estate planning or the ways elder law may affect our daily lives. Life can change in moments. Estate planning and elder law attorneys agree that everyone needs three documents:

Read more: http://azjewishpost.com/2016/estate-planning-and-elder-law-benefit-all-ages/