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Legacy Planning: The Ultimate Gift

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Can Loved One’s Funeral Expenses Be Deducted?

The ability to deduct funeral expenses on your tax returns depends on who paid for the funeral expenses.
11/17/22 • by: Law Office of Michelle Adams
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What Does New Research Tell Us About Muhammad Ali’s Parkinson's Disease?

Muhammad Ali had idiopathic Parkinson's disease that emerged at an early age, according to new evidence from physicians who repeatedly evaluated the fighter over 20 years.
11/17/22 • by: Law Office of Michelle Adams
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There are Ways to Transfer Home to Your Children

Transferring a home to adult children is not quite as easy as giving them the keys and letting them move in. No matter how you do it, the taxman wants his cut, whether through estate and gift taxes or those for property and income, both federal and state.
11/17/22 • by: Law Office of Michelle Adams
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Is Spouse Automatically Your Beneficiary?

If the surviving spouse is a second or subsequent spouse and did not have any children with the decedent, the surviving spouse takes even less.
11/17/22 • by: Law Office of Michelle Adams
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What Is the Purpose of a Guardian?

Few will argue that the most important time to have a will is when you are parents of young children.
11/17/22 • by: Law Office of Michelle Adams
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How Did Olivia Newton-John Plan Her Estate?

Olivia Newton-John would have celebrated her 74th birthday on September 26. The Cambridge-born star earned millions for her efforts in music and entertainment, and a staggering final act of charity saw Newton-John’s family splitting their inheritance with her charities.
11/02/22 • by: Law Office of Michelle Adams
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Should I List Beneficiaries on my Life Insurance?

Here are three smart moves to make when picking (or adjusting) your life insurance beneficiaries.
11/02/22 • by: Law Office of Michelle Adams
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What Is Upstream Planning?

Doing some ‘upstream’ planning now will take the guesswork out of what’s coming your way.
11/02/22 • by: Law Office of Michelle Adams
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Are You Ready for 2026?

Because once 2026 arrives, many of the tax adjustments that were part of the 2017 Tax Cuts and Jobs Act (TCJA) are expected to expire.
11/02/22 • by: Law Office of Michelle Adams
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Can I Prevent Dementia?

A large study finds that some common threats can be controlled through lifestyle changes.
11/02/22 • by: Law Office of Michelle Adams
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