January 2017

How to Pass Your Home to Your Children Tax-Free

Giving your house to your children can have tax consequences, but there are ways to accomplish it tax-free. The best method to use will depend on your individual circumstances and needs. Leave the house in your will The simplest way to give your house to your children is to leave it to them in your

Retirement Planning: More Than Building a Nest Egg

by Stanley Vasiliadis John and Mary did everything right – or so it seemed. They worked hard, saved money, invested wisely, and spent prudently. Now in their golden years, John and Mary looked back contentedly upon a lifetime of achievements. They had put their children through college, paid for nice weddings, and helped the kids

What’s Wrong With Finra’s Proposed Rule for Preventing Elder Abuse?

Finra, the SEC and NASAA have all been in discussion for years about increasing protection of senior investors. There is a move to create such protection by requiring that financial professionals report suspected abuse to Adult Protective Services and utilize methods to freeze accounts and notify a trusted other when abuse appears to be going

Can a Special Needs Trust Have More Than One Trustee at a Time?

Yes, but be aware that a co-trustee can be held responsible for another co-trustee’s breach of a fiduciary duty. Thus, it is important that all co-trustees pay close attention to everything that is done in the administration of the trust. If there is any question or problem, it should be communicated to the other co-trustee

Five Tips for Getting the Most Out of Your Child’s IEP Meeting

Parents who have a child with special needs in school will meet annually with the school district to develop an IEP (Individualized Education Program), a document that outlines the educational program and special services their child will receive.  (Although the IEP team must meet annually, meetings can be scheduled any time at the request of