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If you work with older adults, you understand how complex elder care can be — especially when legal...

Many parents save for retirement through 401(k)s and IRAs, which together held over $22 trillion in...

Selling a small business is a major decision, often just as impactful as starting one. Whether...

As people age, they often rely more on others for help, which can increase their vulnerability to...

Efforts are underway to permanently repeal the federal estate tax, often referred to as the “death...

If you’re a parent of a child with special needs, you’ve probably wondered how to make sure they’re...

As healthcare needs increase with age, many retirees worry about preserving their assets while...

ABLE accounts (Achieving a Better Life Experience accounts) are savings accounts created to help...

Beginning in March 2025, millions of Americans may have noticed significant updates to their Social...

As spring unfolds and the school year winds down, many people find themselves in a season of...

At Legacy Law Firm, we understand that navigating the complexities of aging and long-term care can...

Are you looking for an estate planning attorney? Maybe you’ve already got your planning done but...

The Financial Crimes Enforcement Network (FinCEN) has issued an interim final rule that eliminates...

Nursing home costs keep climbing, making long-term care a major financial challenge for many...

Many seniors prefer to age in place with home care, but the cost can be a barrier. Medicaid offers...

Creating a will ensures your assets go to the right people and reduces stress for your loved ones....

Talking about death can be tough, but it's a part of life. Over time, people have developed...

Dementia is increasing, affecting millions of families in the U.S. As it progresses, people...

Spring is a time for fresh starts, making it the perfect moment to review your estate plan. Many...

When it comes to protecting your estate and your family’s future, taxes and asset protection are...

In today's digital world, cryptocurrency is a hot topic, but opinions on it vary widely by age....

On Feb. 20, we shared that the Corporate Transparency Act (CTA) was back and reporting companies...

Watch this informative webinar about the 7 common misconceptions about Medicaid and 6 essential...

Watch this webinar as it highlights seven common mistakes in farm estate planning and provides six...

Talking about end-of-life care with loved ones may feel uncomfortable, but it is essential. Open...

A transfer-on-death (TOD) account is a simple way to pass on financial assets without going through...

The Corporate Transparency Act (CTA) is back – again. On Feb. 18, 2025, a federal court in Texas...

In the U.S., February 20 is recognized as National Love Your Pet Day. This special day serves as a...

Gift tax rules can be confusing, so it’s important to know when you need to file a tax form. With...

Farmers and ranchers work hard their entire lives for their farms and families, but without proper...

For many farmers, the family farm is more than just land—it’s a legacy passed down through...

A Family Limited Partnership (FLP) is a business structure where family members combine assets for...

Many companies are replacing traditional pensions with IRAs, 401(k)s, and similar retirement plans,...

The number of older adults in the U.S. has been rising steadily. According to the U.S. Census, the...

WalletHub’s 2025 rankings of the best and worst states to retire in revealed some interesting...

In a recent article for WealthCounsel Quarterly, Legacy Law Firm Attorney and Co-Founder Jayna M....

If you own a vacation home, it's important to consider what will happen to it after you're gone....

Today, longevity is a crucial factor in planning for those later years. The reality is you could...

As the population grows older, the number of individuals affected by Alzheimer’s disease and other...

A Special Needs Trust (SNT) and an Achieving a Better Life Experience (ABLE) account offer tax-free...

Every adventure adds to your story. The memories you create and the experiences you share can...

The Corporate Transparency Act (CTA) Beneficial Owner Information Report rules are back on hold —...

In today's world, digital assets extend far beyond emails and social media accounts. From smart...

Millions of seniors rely on Medicaid to help cover the high cost of long-term care. Research shows...

An estate plan is not a one-time task—it’s a living document that needs regular attention to stay...

Estate planning can feel like a daunting task, especially when the legacy of your family’s hard...

As the calendar flips to a new year, many of us start thinking about resolutions and tackling tasks...

Creating a legacy is about more than material wealth—it’s about making a lasting impact on the...

As a new year begins, it’s a smart move for employers to reassess and update their company...

Does having more money lead to greater happiness? Some people will say yes, and others will say no....

In 2023, consumers across the United States lost a total of more than $10 billion to fraud,...

We are in the midst of one of the most substantial intergenerational transfers of wealth in...

A Texas federal court issued a nationwide injunction on Tuesday, Dec. 3, 2024, against the...

As families navigate the complexities of aging, they often face legal, financial, and healthcare...

The end of the year is often the time people will reflect on what is important to them. It is about...

Creating a Will is one of the most crucial steps you can take to ensure that your wishes are...

As families navigate the complexities of aging, they often face legal, financial, and healthcare...

Each November, we come together to recognize and celebrate the vital contributions of family...

Running a business comes with inherent risks, but there are steps you can take to protect your...

Inheritance tax is a state-level tax that beneficiaries pay when they receive assets from an estate...

Once you've taken the step to create a will and get your estate plan in order, you need to figure...

We believe estate planning goes beyond assets and legal details; it’s about creating a legacy and...

The Internal Revenue Service (IRS) has released its tax inflation adjustment figures for tax year...

A special needs trust (SNT) is a legal arrangement that allows individuals with disabilities to...

One of the primary goals of elder law is to help seniors findways to pay for expensive long-term...

Estate planning is the process of organizing your financial affairs to ensure your assets are...

October 21-27, 2024, marks National Estate Planning Awareness Week. This is a perfect opportunity...

America is a system, whether you like it or not, and the attorney you choose can make all the...

A Trust is a legal entity that is used in estate planning to generallyavoid probate,make it...

If you are a business owner, it's essential you understand and comply with the new requirements...

As of 2024, individuals can transfer up to $13.61 million, and married couples can give away $27.22...

Probate is a legal process that happens after someone dies. While probate can be complex, lengthy,...

Estate planning is the process of organizing your financial affairs to ensure your assets are...

“I don’t need an estate plan because I don’t have many assets.”

Researchers have been finding potential links between feelings of loneliness and negative health...

The Supreme Judicial Court of Massachusetts holds that a Medicaid applicant must establish a...

Older drivers are also among the safest of all drivers, one AAA report showed. Nonetheless, state...

The federal estate tax exemption, is projected to rise to$13,990,000for 2025. This is an increase...

According to the U.S. Census Bureau, there were over 3 million children with disabilities in the...

The Treasury Department and the Internal Revenue Service (IRS) have issued final regulations...

A free and secure online account can be used to manage Social Security benefits. Account users can...

The Minnesota Supreme Court ruled that an intestate transfer of a family farm violated a contract...

A federal court in Texas blocked a forthcoming ban on non-compete agreements that was scheduled to...

The period following the death of a loved one can be a tumultous time. Dealing with death and...

Experts define twice exceptional learners as students with one or more disabilities who also...

This year, Dakotafest will take place Tuesday, Aug. 20 through Thursday, Aug. 22. This annual event...

Many people believe estate plans are only for extremely wealthy families who are looking to reap...

Leaving home for college or starting a new chapter in life is an exciting and transformative...

Success in business requires planning, commitment, and a strategic approach. Many new businesses...

Social Security programs like Social Security Disability Insurance (SSDI) and Supplemental Security...

Life insurance ensures your loved ones have cash funds immediately available. Often, the passing of...

Bobbi Thury spoke with Radio Show Host Scott Hennen this week about what attendees can expect from...

In Connelly V. United States (U.S. No. 23-146, June 6, 2024), the Supreme Court holds that a...

Managing romantic relationships in the workplace requires careful consideration to maintain a...

Estate planning for blended families is key to a smooth inheritance process. Probate rules and...

Don't miss an opportunity to hear how you can protect your farm and family and ensure your legacy...

At-will means that an employer can terminate an employee at any time, for any reason, without legal...

In the complex and frequently changing landscape of health care in the United States, Medicaid...

The Supreme Court of Nebraska holds that a trust showed clear intent for the decedent’s estate to...

Often an aging parent will lose their ability to think clearly or make informed decisions about...

A Will, technically known as a Last Will and Testament, is one the most fundamental components of...

With a new commissioner at the helm, the Social Security Administration (SSA) has been announcing...

Discrimination in the workplace refers to unfair or prejudicial treatment of employees based on...

Tens of millions of Baby Boomers in the United States are growing older and living longer. It seems...

Creating an estate plan involves selecting people to receive your money, property, or other items...

An operating entity is a business that is actively engaged in offering products or performing...

Probate is the legal process of formally recognizing a will after a person dies, naming or...

Patents are valuable intellectual property but do not go on forever. The duration is going to be...

Have you heard the terms “special” needs trust and “supplemental” needs trust and wondered what the...

"Since 2021, elder scams have increased by over 400 percent, leading to a loss of $1.2 billion in...

If you are a homeowner who is falling behind on your real estate taxes, you may end up facing...

Using beneficiary designations in your estate plan is a smart move with several advantages. When...

An operating agreement is an agreement between the owners of an LLC that sets forth the structure,...

Amid recent reports from such prominent news outlets as The New York Times and Associated Press...

It is generally a good practice to review the employee handbook with employees. The handbook is a...

Graduates, congratulations on your incredible achievement! As you embark on this exciting new...

Inventors and businesses need to evaluate if they need patent protection for their core products...

Joint bank accounts serve as a useful estate planning tool for passing money to loved ones outside...

Through 2045, Baby Boomers will pass down assets worth roughly $84 trillion to Gen Z, Millennials,...

How can you safeguard your hard-earned assets from the unforeseen expenses of elder care? We've got...

The Federal Trade Commission (FTC) has issued a sweeping new rule that fundamentally alters the...

Workplace safety policies are a set of guidelines and procedures established by employers to create...

An operating agreement is an agreement between the owners of a LLC (limited liability company) that...

Mental illness affects one in five adults in the United States, the National Institute of Mental...

When it comes to finding the best state for your business or Limited Liability Company, South...

The AICPA and over 50 state CPA societies have written to the Treasury secretary and the director...

Selecting a guardian for your children is one of the most crucial decisions when crafting your ...

Intellectual property rights have significant implications for individuals, businesses, and society...

For millions of seniors, Medicaid offers financial assistance, helping them to cover the cost of...

The number of employees can have a significant impact on the application of various employment...

The most common types of partnerships are general partnerships, limited partnerships (LPs), limited...

While you may be in an industry or hobby where you are generating intellectual property, it is not...

Estate planning is essential for securing your financial future and ensuring your wishes are...

Protected leave laws are regulations that provide eligible employees with the right to take time...

Creating a Will is a crucial step for individuals with minor children, as it provides a legal...

Individuals with special needs may have a developmental disorder, such as autism, ADHD, or...

You've probably heard the term Intellectual Property (IP) before, but what does it mean, and why...

With many online services offering to set up your business at a discounted price, why should you...

Take advantage of the increased lifetime gift tax and estate tax exclusions. The IRS has increased...

On January 25, 2024, the Financial Crimes Enforcement Network published its final rule to reflect...

Sioux Falls has introduced a set of requirements for residential rental owners, effective January...

A power of attorney is a legal document that grants someone you trust the authority to act on your...

Probate and trust administration are two distinct processes involved in managing an individual's...

The Los Angeles Times recently reported that Jay Leno filed for conservatorship for his wife Mavis,...

One of the more challenging tasks of creating a special needs trust (SNT) is choosing who will...

The Corporate Transparency Act (CTA) has new federal reporting requirements that affects most small...

The New York Times/KFF Health News analysis of Health and Retirement Study data from 2000 to 2021...

The frequency with which you should review your employee handbook depends on various factors,...

In today’s busy world, stress and burn out are on the rise. More and more hard-working Americans...

Most people who make New Year’s resolutions focus on their health, weight or fitness goals. But are...

If you’re interested in creating an estate plan, you probably don’t want a large chunk of your...

Establishing an elder law power of attorney is often a crucial step for seniors, and their...

WalletHub recently released its list on the 10 best states to retire in. Do you know that...

Depending on the type of side hustle you are operating, you may need an LLC in order to help...

A will is a legal document that: 1) names the beneficiaries of an estate, and 2) nominates a person...

Many marketing executives will tell you that the name doesn’t sell itself, and beyond their...

Estate planning is the process of arranging for the management and distribution of a person's...

Beginning November 1, 2023, all employers must use the recently revised Form I-9. The I-9 form is...

What does it mean to decant a trust? Decanting a trust refers to the legal process of modifying the...

The length of time it takes to complete the probate process in South Dakota can vary depending on...

You should update your will whenever there is a significant change in your life circumstances or...

South Dakota is one of the most popular states in the United States for creating trusts, and for...

Joint tenancy is a form of ownership where upon the death of one of the owners the other owner...

One of the many hats a small business owner wears is that of Human Resource Manager: recruitment,...

In today’s fast-paced world, it seems that most of us are short on time and looking to streamline...

A living will and a will are two distinct legal documents that serve different purposes:

Probate is the legal process of administering a deceased person’s estate. In South Dakota, the...

Many retired couples often face this common question: how do I pass on the family home? To some,...

Employers should be aware of two new federal laws effective in 2023: the Pregnant Workers Fairness...

By 2060, it is predicted that the U.S. population over age 65 will double and those over age 85...

What Is a Will?

A will is a legal document that outlines your wishes for how your assets and...

Even though there is news that Summit Carbon Solutions has filed eminent domain lawsuits against...

An employee handbook can be a valuable communication resource for both the employer and the...

Many couples do not have to worry about estate taxes since the federal estate tax exemptions are so...

Lisa Marie Presley died suddenly at the age of 54 after suffering a heart attack. Lisa Marie...

Usually if you own a trademark for your product, the more popular the better. This is why you get...

Federal “Know Your Rights” Poster. Employers with at least 15 employees are required to post the...

Often after a loved one passes away, the family is left to determine whether a probate is...

Over the next 20 years, it is estimated that as much as $70 trillion will be passing from the baby...

A Limited Liability Company (LLC) has become the entity of choice for many start-up businesses...

New business ventures have a lot of challenges and entrepreneurs need to responsibly plan on the...

529 education plans were originally designed as college saving plans that offered certain tax...

Allowable employee contributions to 401(k) 403(b), and 457(b) plans has increased to $22,500 for...

What Is a Will?

A will is a written document that disposes of real and personal property after...

Have you ever noticed the above symbols and wondered what they meant?

Qualifying for Medicaid

A lot of people wonder how to qualify for Medicaid and may even mistakenly...

A Business Planning Lawyer Can Help

With many online services offering to set up your business...

Are you in the 99% of Americans who don’t have to worry about estate taxes? In 2023, you can pass...

According to a new survey released by research firm Gallup, employee engagement in the U.S. saw its...

An estate plan often focuses on tangible property such as jewelry, artwork, money, and vehicles....

Although there is considerable legal information and misinformation, it is generally understood...

Social isolation, whether because of a pandemic or because an elderly person is alone, is a leading...