Legacy Design Strategies
Omaha, NE, Minot, ND and Iowa Fall, IA Estate Planning and Elder Law Firm

Estate Planning and Elder Law Blog

Sort by Category:

C19 UPDATE: Paying for Covid-19 Testing and Treatment if You Have a High Deductible Insurance Plan

If you have a high deductible health plan (HDHP), you may still be able to get coverage for Covid-19 testing and treatment without paying a deductible.

Posted on: March 19, 2020

Why Do I Need to Have Up-to-Date Beneficiaries on My Accounts?

Losing a loved one isn’t just an emotional burden — it also carries an administrative load. There are flower arrangements to pick, eulogies to write and a stream of paperwork to sort through.

Posted on: March 18, 2020

How Can I Fund A Special Needs Trust?

If you have a child with special needs, a trust may be a financial priority. There are many crucial goods and services that Medicaid and Supplemental Security Income might not pay for, and a special needs trust may be used to address those financial challenges. Most importantly, a special needs trust may help provide for your disabled child, in case you're no longer able to care for them.

Posted on: March 17, 2020

C19 UPDATE: Emergency Estate Planning Decisions to Make Right Now

“Don't panic” has been a common refrain from government leaders, public health professionals, and across social media from well-meaning people trying to keep everyone calm during the coronavirus pandemic.

Posted on: March 17, 2020

What Is So Important About Powers Of Attorney?

A power of attorney names a person who can act on your behalf. This person is called your “agent” or “attorney-in-fact.” Before you create a power of attorney, you should know your options and which ones your home state allows.

Posted on: March 16, 2020

How Bad Can a Do-It-Yourself Estate Plan Be? Very!

One Justice from the Florida Supreme Court commented that the expensive litigation far outweighed any savings resulting from the pre-printed form.

Posted on: March 13, 2020

Will Your Estate Plan Work Now?

Under the new law, not only must all of the tax on IRAs and plans benefits be paid much earlier than it was before, but the rate will likely be much higher too, since that income will be bundled into the recipients’ peak earning years.

Posted on: March 12, 2020

What Do We Know about Early-Onset Dementia?

Some health care facilities in our area say they are seeing more cases of early-onset dementia than ever before.

Posted on: March 11, 2020

Planning for Long-Term Care Before It’s Too Late

A strong long-term care plan spells out where you would like to live, how you plan to get around, and who will oversee your financial and health decisions when you’re incapacitated.

Posted on: March 10, 2020

The Latest on Kirk Douglas’ Estate

Old Hollywood didn’t pay stars well by modern standards, but Kirk had the wisdom to own his most iconic films and pour the profit into property. Soon philanthropy will force tough choices. The death of any giant produces shockwaves. Where Kirk Douglas is concerned, those ripples reveal how much the entertainment landscape changed in his lifetime and how much the numbers have grown.

Posted on: March 9, 2020