Current Developments: May 2024 Review

By WealthCounsel Staff on May 17, 2024 10:00:00 AM

monthly-recap (1)

From a new Internal Revenue Service (IRS) notice that extends relief for some beneficiaries of inherited individual retirement accounts (IRAs) to the release of a final rule by the Social Security Administration (SSA) omitting food from Supplemental Security Income (SSI) in-kind support and maintenance calculations and a US Supreme Court case clarifying the harm that must be shown for employees to make a Title VII discrimination claim, we have recently seen significant legal developments. To ensure that you stay abreast of these changes, we have highlighted some noteworthy developments and analyzed how they may impact your estate planning, elder and special needs law, and business law practices.

Continue Reading

Maximizing Referrals: 4 Strategic Speaking Tips for Elder Law Attorneys

By WealthCounsel Staff on May 10, 2024 10:00:00 AM

Maximizing Referrals-4 Strategic Tips-Blog (1)

Potential elder law clients are also clients of accountants, financial planners, healthcare professionals, insurance agents, and even other attorneys. For that reason, other professionals are one of the best sources of good referrals. 

Speaking to referral sources is different from presenting directly to potential clients. You must thoroughly prepare to speak to other professionals because, unlike potential clients, other professionals likely have some background knowledge of elder law. At the same time, you will want potential referral sources to see you as the expert on elder law, so must talk like you are the expert.

Continue Reading

Digital Property: The Intersection of Legacies, Technology, and the Law

By WealthCounsel Staff on Apr 26, 2024 10:00:00 AM

Digital Property (2)

By Lee Poskanzer

Can you hear it? A little-known, trillion-dollar problem is whispering in the background—a new and expanding challenge for trust and estate practitioners: how to handle digital property in the planning process. Today, the average internet user has over 240 online password-protected accounts, and 97 percent of American adults own smartphones, meaning that the “average American” is an internet user. That this is true of the average American adult (not just of young or technologically savvy people) is a big change that has happened over a relatively short period!

Continue Reading
  • There are no suggestions because the search field is empty.