May 29, 2018 | Estate Planning
Five Practical Things I’ve Learned About Social Security and Medicare: Set up an online account with Social Security and get an annual statement of your future benefits each year as soon as you start earning any income. A close friend of mine years ago had a tax...
Feb 1, 2017 | Estate Planning
Part of what we do at Blalock Walters is assist surviving family members with administrative matters after the death of a loved one. It’s at that point in time when the effectiveness of the decedent’s estate plan is tested. So, to help our clients develop estate...
Oct 4, 2016 | Estate Planning, Tax Law
In August, 2016 the IRS issued long anticipated proposed regulations under Section 2704 of the Internal Revenue Code that, if finalized, will substantially impact the estate and gift tax planning of family owned businesses. Pursuant to the proposed 2704 regulations,...
Jun 22, 2016 | Estate Planning, Health Care Law
In an increasingly digital world, access to a person’s data and information has become an issue of growing concern. Certain states have responded to this by adopting the Revised Uniform Fiduciary Access to Digital Assets Act (the “Uniform Act”). The Uniform Act allows...
Jun 2, 2016 | Estate Planning
Revising an estate plan after a couple’s divorce can present numerous challenges, especially where one of the individuals has outstanding debts unrelated to mortgages or liens which directly encumber the homestead property. The Florida Supreme Court has provided...
Jan 12, 2016 | Estate Planning
If you have a small life insurance policy or small IRA worth between $2,500 and $15,000, have you checked your beneficiary designation on these assets lately? One situation I see in my practice after the death of a client is the family’s discovery of an insurance...
