If you or your spouse are going to be moving into a nursing care facility, it is important for you to understand the community spouse resource allowance. This can help you with financial planning as you determine how to cover expensive nursing home care services. Parman & Easterday can provide you with the personalized help you need to make sure nursing home care is covered without causing undue financial hardship to your spouse or causing you to lose the ability to leave a legacy. To … [Read more...]
Bullying is a Problem for Oklahoma Seniors
An elder law attorney at Parman & Easterday can provide you with help finding a safe living environment when you are reaching your golden years. Many seniors want to remain independent as long as possible, but may need assistance in the form of long-term care at home. Others will eventually need to move to a nursing home. Our firm will help you to ensure you are able to afford to get the care that you need and will work with you to ensure that you find a safe living environment. Taking … [Read more...]
How an Overland Park Inheritance Planning Lawyer Helps After You’ve Inherited
An Overland Park inheritance planning lawyer at Parman & Easterday can provide you with assistance if you are receiving money or property from a loved one who has passed away. When you receive an inheritance, it is important to ensure that the wishes of the deceased are respected. You want to ensure that the money or property that was left to you passes as quickly and effectively as possible and that you understand any steps you need to take as far as taxes and other issues are … [Read more...]
Do Irrevocable Trusts Pay Capital Gains Taxes?
One of the most common additions to a well thought out estate plan is a trust, due in large part to the fact that a trust can accomplish a wide range of estate planning goals. To know whether a trust could be a beneficial addition to your own estate plan, you need to understand your options and how each type of trust operates, as well as the various benefits each type of trust offers. For example, when irrevocable trusts sell assets, are capital gains taxes due, and if so, who pays the … [Read more...]
Things for a First-Time Executor to Consider
When a loved one passes away, the loss you feel can be overwhelming and debilitating for an indeterminate amount of time afterward. Typically, you at least have the luxury of working through your grief on your own schedule. If you were also named as the Executor in the decedent’s Last Will and Testament, however, you must set aside your grief to some extent because your loved one is counting on you to handle the administration of his/her estate. If this is your first time overseeing the probate … [Read more...]
November Is National Family Caregiver Month
In recent years, the older population has grown at a rate heretofore not experienced in the United States. In fact, experts predict that by 2015 the number of older Americans (65 and older) will surpass the number of younger Americans (21 and younger) for the first time in history. A longer life expectancy is one factor helping the older population swell. Although we can expect to live longer, we will all succumb to the natural aging process eventually, causing physical and/or mental … [Read more...]
Top 3 Reasons to Include a Living Trust in Your Estate Plan
A well thought out estate plan typically utilizes a wide variety of tools and strategies in order to accomplish all of its goals. One of the most popular of these tools is a living trust. If you have not yet included a living trust in your estate plan, you should consider doing so. To help you understand the benefits of a living trust, the Overland Park living trust attorneys at Parman & Easterday discuss the top three reasons to include a living trust in your estate plan. What Is a Living … [Read more...]
What Is the Aid and Attendance Benefit for Veterans?
For men and women who have served in the Armed Force and their surviving spouses and dependents, the United States offers a wide range of benefits and assistance programs. Although you may know about some of the benefits to which you may be entitled as a veteran or survivor, one benefit program you may not know about offers a monthly monetary benefit that may come in handy. You may be entitled to additional benefits through a lesser known program referred to as “Veterans Aid and Attendance … [Read more...]
5 Steps Involved in Creating a Trust
Historically, trusts were used almost exclusively by wealthy families to guard family wealth and pass it down from one generation to the next. Over time, however, trusts evolved to become much more useful to the average person. Consequently, trusts are now among the most common additions to the average estate plan. Always consult with an estate planning attorney before making decisions about your estate plan; however, the following five steps involved in creating a trust may be beneficial to … [Read more...]
How Oklahoma City Estate Planning Lawyers Help You Cope After a Serious Medical Diagnosis
Oklahoma City estate planning lawyers can provide you with invaluable help if you have had a serious medical diagnosis. Being diagnosed with an illness is frightening, but there are tools you can put in place to protect your autonomy going forward. You can also make plans for what will happen as your illness progresses and can make sure your family is provided for. Parman & Easterday has extensive experience providing compassionate and knowledgeable support to those who have been … [Read more...]
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