About kathy@livingtrustlawfirm.com

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So far kathy@livingtrustlawfirm.com has created 205 blog entries.

Between the Holidays Phenomenon Strikes Again

Now that we are “between” the Holidays, we notice a familiar phenomenon. Our office starts getting a lot more calls than usual in the first few weeks of December than any other time of year about Medicaid Planning. But there is a very good reason for this—it may have been one of the very few times of the year that all of the “out of town” kids are back at the family home; and together they start noticing a few changes in mom or dad.

2017-12-18T16:57:15-05:00December 1st, 2015|Company News, Legal Info, Medicaid|

Legal Duct Tape Item of the Month: Masking Tape is Not an Estate Plan

With all of the information out there about estate planning, it astounds me how far the misinformation goes. However, there are people who will believe what they want to believe, especially if it means they can be lazy about actually doing something. Recently, a member of my family was discussing their own estate plan and told me and some other family members that all of their furniture was marked with masking tape with people’s names on it, and when they died, that’s who the furniture was supposed to go to. I was speechless for a few moments. I asked if they actually talked to an attorney, and they said they talked to their friend who used to work at a bank, and that person assured them that the masking tape technique would work.

2017-05-20T16:43:24-05:00April 1st, 2015|Legal Info|

Online Tools for Moms and Families to Stay Organized

The buzzwords of tablets and social media have jumped over the age-barrier and now serve as an integral part of organization. Four such companies have taken to the forefront to bridge the gap between crucial information and a near-limitless, secure style of storing information. CareZone, AboutOne, Cozi, and MotherKnows have all offered their unique services to help ease the lives of caretakers, patients and families. In this article, we will compare and contrast these four companies to see which truly help alleviate the stress of families, caretakers and patients alike.

Trust Under Will Scam

OK, the word “scam” may be harsh sounding, but the way some attorneys use it does sum things up pretty accurately. I have been getting a lot of questions lately from clients and financial advisors about what a “trust under will” does and how some clients are being told by other attorneys that it is a way to avoid probate. Basically, a trust under will is a trust that becomes active after death, and the terms of the trust are spelled out in the Last Will and Testament, such as inheritance age limits. These testamentary trusts will even have a proper name, and now financial accounts and life insurance can list the proper name of the “trust under will” as the beneficiary. And because the account pays directly into this trust, we are told “there is no probate.”

2017-05-20T16:43:25-05:00February 10th, 2015|Legal Info|

How to Choose a Tax Preparer

WHAT ARE THE PREPARERS QUALIFICATIONS?: All tax preparers are required to have a Preparer Tax Identification Number (PTIN). Ask what license(s) they have (Enrolled Agent, CPA, or Attorney). You want your preparer to at least be a Registered Tax Return Preparer and have met minimal competency requirements. Ask if they are affiliated with any professional organizations. Most professional organizations require their members to take continuing education.

2017-05-20T16:43:25-05:00January 20th, 2015|Tax Information|

What Do Same Sex Couples Need to Get Married in NC

Now that marriage is legal for all of those wishing to tie the knot – including same-gender couples – below is what you need to know and what documents to bring with you before you apply. Wake County’s Register of Deeds recommends getting this legal aspect of your wedding out of the way about a month before your ceremony date. A marriage licenses issued in North Carolina may be used in any county in North Carolina, is good immediately upon issuance, and is valid for 60 days. The original license must be returned to the county where it was issued.

Marketing Assistant, Leah Campbell, Joins Firm

I am pleased to introduce myself as the newest staff member of the firm. I joined Jeff’s team in October and will be assisting with client development activities. The staff has been wonderful and made me feel comfortable from day one. Even Brandeis and Ginsburg seemed to give me a warm welcome with a few heart-felt croaks. I was looking forward to working with the firm since my initial interview with Kathy. During our meeting we discussed the areas in which Jeff concentrates his practice. His legal services and estate planning for people with special needs was of particular interest, as it would be for anyone whose child has a disability. My son “Jake” was born with cognitive dysfunction and processing issues.

2017-05-20T16:43:25-05:00November 4th, 2014|Company News, Special Needs|