by fawcettlaw | Jan 25, 2014 | From the Desk of Myrna Fawcett
Do you know who will speak for you if you become ill or injured and unable to speak for yourself? If not you might want to consider choosing a Health Care Agent. Your health care agent ─ or agent, for short ─ will have the authority to make life and death decisions...
by fawcettlaw | Jan 14, 2014 | Fawcett & Fawcett
In January 2013, Congress permanently set the amount that an individual can transfer tax-free either during life or at death. The agreement essentially extended the rules that had been in place in 2011 and 2012, with one important exception. The law permanently set...
by fawcettlaw | Jan 7, 2014 | From the Desk of Myrna Fawcett
Credit Shelter Trust are a type of trust that allows a married investor to avoid estate taxes when passing assets on to their heirs. The trust is structured so that upon the death of the investor, the assets specified in the trust agreement (up to a specified maximum...
by fawcettlaw | Jan 1, 2014 | Fawcett & Fawcett
HIPAA is the United States Health Insurance Portability and Accountability Act of 1996. There are two sections to the Act. HIPAA Title I deals with protecting health insurance coverage for people who lose or change jobs. HIPAA Title II includes an administrative...
by fawcettlaw | Dec 27, 2013 | From the Desk of Myrna Fawcett
As you plan to make gifts in your elder years, you need to know about federal estate and gift taxes, income taxes, real estate law, estate law, wills and divorce law. Your first step should be to consult an attorney. Your attorney will ask you to gather copies of all...
