by Nick | Nov 16, 2022 | Maggard Elder Law
SOFA Financial Non Profit http://www.sofausa.org/speakers/nick%40maggardelderlaw.com The Society for Financial Awareness (SOFA) is a 501(c)(3) non profit public benefit corporation. I have had the opportunity and privilege to work with SOFA and various prominent...
by Nick | Nov 15, 2022 | Maggard Elder Law
International Trusts and Irrevocability Imagine never having to worry about a Lawsuit again? Civil litigation has become big business with a legal system that encourages plaintiffs, who risk nothing, to sue anyone who may appear to have the ability to pay. I have...
by Nick | Dec 16, 2020 | Maggard Elder Law
Social Security One way you can minimize taxes on Social Security is by lowering your other income, especially investment income. But you should be aware that municipal bond interest, which is usually tax free, counts as income for the purpose of calculating the tax...
by Nick | Nov 17, 2020 | Maggard Elder Law
Estate Planning with IRAs Let’s talk traditional IRAs. A traditional IRA, or individual retirement account, is a personal retirement account that offers certain tax benefits. Number one, contributions may be tax deductible. Number two, while your money is inside the...
by Nick | Oct 26, 2020 | Maggard Elder Law
Procrastination Everybody has an estate plan. If you don’t createone, on purpose, through carefully drafted wills,trusts, and other documents, then your state lawswill step in with a plan of its own. These laws, alsocalled intestacy, dictate who will get your...
by Nick | Oct 23, 2020 | Maggard Elder Law
Equal distribution to your heirs Most people have great love for all of their children,and they want them to share equally in their estates.An admirable intent, but “equal” is not the samething as “equitable.” While dozens of examplesexist, a common problem, often...