Individual retirement accounts were always believed to be protected from creditors. On June 12, 2014, the Supreme Court decided otherwise. Here are the facts: Ruth Heffron died owning an IRA. Ruth had not designated a spouse as beneficiary of her IRA. She would have been allowed to “roll” the account into her own IRA....
Month: <span>August 2022</span>
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Understanding Home Care
Our clients are frequently confused by the various types of services that fall under the general term “home care.” Generally, home care helps disabled adults and chronically ill or cognitively challenged seniors live independently for as long as possible, given the limits of their medical condition. It covers a wide range of services and is...
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Mistakes Executors Make
Executors are bound by a bewildering array of responsibilities and duties. There is no official training manual, at least not one designed for the public, and they are often challenged by the conflicting demands of the job. Here are some common pitfalls that executors should avoid. Failing to read, understand and follow the terms...