Month: July 2010
FDIC Insurance Permanently Increased to $250,000 per Depositor
Here’s the text of the press release from the Federal Deposit Insurance Corporation: Note: for the rules that apply trust owned bank…
Take Advantage of Tax Deductions for CCRC Costs
You or someone you love may be ready for a retirement community living arrangement, which typically includes lifetime residential accommodations, meals, and…
Obama has a Living Will – Do you?
President Obama is visiting Broughton High School in Raleigh today, and coincidently he recently stated in a discussion of health care reform…
Statute of Limitations Does Not Apply to Medicaid Estate Recovery
The North Carolina Medicaid program paid a total of $52,575.14 in nursing home costs for Sallie Anthony. After Mrs. Anthony’s death, Anna…
Gregory Herman-Giddens, JD, LLM, TEP, CFP
Specializing in Wealth Planning, Protection and Management, Gregory Herman-Giddens, JD, LLM, TEP, CFP and the team at TrustCounsel have the knowledge and experience to…
Kristin L. Burrows
Kristin L. Burrows focuses her practice on helping the aged and disabled and their families. This area of law is known as…
New Rules Will Affect Certain Self-Settled and Pooled Special Needs Trusts
A New Social Security Program Operations Manual System (“POMS”) Section Regarding Early Trust Termination Provisions for “Self-Settled” Special Needs and Pooled Trusts…
Most Tax Experts Believe in Estate Tax Worst Case Scenario for 2011
My former colleague and attorney Julie Garber recently sent the following email to over 50 attorneys, trust officers and accountants located throughout…
Estate Tax “Rumors on the Street”
Yesterday I listened in on a conference call about planning to avoid the 3.8% Medicare Surtax that will come into effect in…
Too Rich to Live?
Watch out for your heirs, who might not want you to live to 2011 due to the heavy estate tax burden estates…
