Lamkin Elder Law http://lamkinelderlaw.com Tue, 19 Aug 2014 12:00:57 +0000 en-US hourly 1 http://wordpress.org/?v=3.9.2 Deciding on a Retirement Plan http://lamkinelderlaw.com/deciding-retirement-plan/ http://lamkinelderlaw.com/deciding-retirement-plan/#respond Tue, 19 Aug 2014 12:00:57 +0000 http://lamkinelderlaw.com/?p=583 For those who are beginning to think about their financial futures, researching retirement plans can be a stressful and confusing process. However, with just a little research and the guidance of an advisor, starting a retirement plan can be easier than most people think. Several different programs provide tax advantages to both employees and employers, […]

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Why You Should Talk to Your Aging Parents about Money http://lamkinelderlaw.com/talk-aging-parents-money/ http://lamkinelderlaw.com/talk-aging-parents-money/#respond Tue, 12 Aug 2014 07:24:42 +0000 http://lamkinelderlaw.com/?p=579 While the popular adage “silence is golden” often rings true, does it apply to the topic of parents’ elder care expenses, living costs, and healthcare? The Fidelity Intra-family Generational Finance Study has recently found that four out of 10 families have not yet had a conversation with their elderly parents about these important matters. According […]

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Andrew M. Lamkin Is Named 2014 Small Business Person of the Year http://lamkinelderlaw.com/andrew-m-lamkin-named-2014-small-business-person-year/ http://lamkinelderlaw.com/andrew-m-lamkin-named-2014-small-business-person-year/#respond Thu, 31 Jul 2014 01:10:14 +0000 http://lamkinelderlaw.com/?p=576 The Chamber Board is proud to announce that one of its Board members, Andrew M. Lamkin, has been named Plainview-Old Bethpage Chamber of Commerce Small Business Person of the Year for 2014. Andrew is Principal of the Law Office of Andrew M. Lamkin, P.C., located on Old Country Road in Plainview. He has been practicing […]

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Elder Care Benefits in the Workplace http://lamkinelderlaw.com/elder-care-benefits-workplace/ http://lamkinelderlaw.com/elder-care-benefits-workplace/#respond Mon, 28 Jul 2014 08:00:24 +0000 http://lamkinelderlaw.com/?p=571 As the Baby Boomer generation ages, more and more working adults are finding themselves responsible for the care of parents or other elderly relatives. In fact, over 40 percent of Americans are currently responsible for the care of elderly family members, and most are doing so in addition to managing their careers and taking care […]

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Healthcare Inconsistencies Among States http://lamkinelderlaw.com/healthcare-inconsistencies-among-states/ http://lamkinelderlaw.com/healthcare-inconsistencies-among-states/#respond Mon, 21 Jul 2014 08:00:13 +0000 http://lamkinelderlaw.com/?p=568 Every citizen deserves access to high-quality healthcare, but unfortunately the quality of long-term healthcare and healthcare services varies greatly from state to state. A recent study published by the AARP, The Commonwealth Fund, and the SCAN Foundation found that the quality of healthcare is much better in some states than in others. The study assessed […]

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The Right Way to Leave an Inheritance http://lamkinelderlaw.com/right-way-leave-inheritance/ http://lamkinelderlaw.com/right-way-leave-inheritance/#respond Thu, 17 Jul 2014 08:00:23 +0000 http://lamkinelderlaw.com/?p=564 Most people want to leave a legacy for their children. While an inheritance is never meant to cause conflict, sometimes personal or financial issues can cause tension and complicate the process. By leaving an inheritance the right way, you can avoid these tensions and make the trying time after losing a loved one a bit […]

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What to do When You Inherit Your Parent’s Debt http://lamkinelderlaw.com/inherit-parents-debt/ http://lamkinelderlaw.com/inherit-parents-debt/#respond Fri, 11 Jul 2014 00:53:56 +0000 http://lamkinelderlaw.com/?p=561 Losing a parent is always a stressful experience. The loss of someone you love is devastating and emotions run high. That is why inheriting a parent’s debt can be even more stressful. Most people do not know what laws apply to the situation or what they should do to discharge the debts they still owe. […]

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Your Will Does Not Address Everything http://lamkinelderlaw.com/will-address-everything/ http://lamkinelderlaw.com/will-address-everything/#respond Thu, 03 Jul 2014 08:13:43 +0000 http://lamkinelderlaw.com/?p=541 It is a common misconception that a last will and testament is the only document that a person, called a testator, needs in order to give proper instructions for the management of his or her estate after death. There are a number of reasons for which wills are necessary, including the transfer of property and […]

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Should You be a Guardian to Your Parent with Alzheimer’s Disease? http://lamkinelderlaw.com/guardian-parent-alzheimers-disease/ http://lamkinelderlaw.com/guardian-parent-alzheimers-disease/#respond Thu, 26 Jun 2014 08:05:51 +0000 http://lamkinelderlaw.com/?p=537 While it may seem like the natural step to get legal guardianship over a loved one who is struggling with Alzheimer’s Disease, you should be aware of the level of involvement and commitment required in managing your loved one’s affairs. Not only is this difficult, but the process of actually obtaining a legal guardianship can […]

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How to Avoid Paying Tax on Your Estate http://lamkinelderlaw.com/avoid-paying-tax-estate/ http://lamkinelderlaw.com/avoid-paying-tax-estate/#respond Thu, 19 Jun 2014 08:52:16 +0000 http://lamkinelderlaw.com/?p=528 After a person dies, if he or she has an estate worth more than $5.34 million, the beneficiaries of the estate will be required to pay estate taxes on however much the individual’s estate exceeds this amount. Currently, this rate is set at 40% in the United States, meaning that if someone’s estate is worth […]

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