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BIG IRAs CAN MEAN BIG MEDICARE PREMIUMS
What does cashing in an IRA, or perhaps converting to a Roth IRA, have to do with Medicare premiums? Maybe a lot . . . a lot of your money.
Occasionally a person going into a nursing home may have to cash in an IRA. In other situations converting a traditional IRA into a Roth IRA may make financial sense. At the right time and with the right advice these may be smart moves. But there can be a hidden cost that many advisors never think of.
To read the rest of this article and to watch the video, please click HERE.
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ONLINE ESTATE PLANNING: A BAD DIY MOVE
Robert (he's the guy who defended OJ!) Shapiro's LegalZoom, an active seller of do-it-yourself wills and other estate planning documents, is the target of a class action lawsuit in California charging that the company engages in deceptive business practices and is practicing law without a license. The lawsuit arose after an estate plan using LegalZoom documents fell apart.
Also, LegalZoom has been under orders not to sell any documents in North Carolina since 2008. The Cease and Desist letter advises LegalZoom that it is subject to prosecution if it continues to sell legal documents within the state.
To read the rest of this article, please click HERE.
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What Can Mason Law Do For You?
You've worked hard all your life for what you have. You're concerned about being left destitute by long term care costs. You'd like to leave something of your hard work to your children. You're tired of worrying about it all.
Maybe we've just described a parent. If so, you're concerned about your mother's or father's health care needs, you are busy and don't know where to start, your prime concern is making sure your parent's assets are used in the best way possible for their care.
We can help you. Using state of the art mastery of complex trust, tax, testamentary, Medicaid, and VA law we can save you thousands, give you a sense of security and ease your troubled mind.
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