Battle over Robin Williams’ estate proves need for updated wills

Robin William’s family is now battling over his estate and assets because he did not have a proper will. Robin Williams was a one in a million, but he was also like millions of Americans — he didn’t have a clear will specifying who would Read More …

Elder Law: The Medicaid Application Is A Tough Process

When it’s time for a loved one to move into a nursing home, it is often a wise strategy to apply for long-term care Medicaid benefits in order to offset the burdensome costs of their stay there. However, there are many personal and financial issues Read More …

Parents should know the ABCs of special needs trusts

We all want to provide for our children, and perhaps even leave a little something behind to help lighten their load after we’re gone. But when you’re the parent of a disabled child who may outlive you, the importance—and complexity—of putting financial safeguards in place Read More …

5 ways to avoid getting ‘sandwiched’ by parents and kids

One-in-seven middle-aged Americans is financially responsible for both a parent and a child. The “sandwich generation” is a term coined for families squeezed between taking care of an aging parent and raising young children or supporting adult children. This is becoming all too common with Read More …

Feds bust Miami-Dade ring in $130 million healthcare fraud case

The city of Miami, Miami-Dade County public schools and several companies lost millions of dollars in health insurance payments as a result of being scammed by crooked clinics that submitted bogus claims for pain injections, according to newly filed indictments. Federal agents arrested 14 suspects Read More …

Shocking NYC murder highlights need for estate planning contingencies

Case serves as a reminder that advisers need to plan for events in which a beneficiary becomes unable to inherit.     A recent murder case is bringing so-called “slayer statutes” into the limelight and making the case for planning for contingencies in the event Read More …

Robin Williams Widow Sues Estate: Does the Trust Trump Survivor Rights?

Prenuptial contracts walled off the assets from alimony claims when the star was alive but death creates new questions about where a late-in-life spouse fits into an estate plan. It looked like Robin Williams had negotiated a smooth inheritance solution for his widow and the Read More …