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Emily Hicks Law, PLLC

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What are the Pitfalls of a Charitable Remainder Trust?

A charitable trust can be set up in different ways and have various tax impacts. Two common types are the charitable remainder trust and the charitable lead trust. There are also variations within these categories.
04/05/22 • by: Emily Hicks Law, PLLC
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Risk Factors and Dementia Cases

Nearly half of all dementia cases in the U.S. may be linked to a dozen modifiable risk factors—most notably high blood pressure, obesity and physical inactivity, according to new research.
04/04/22 • by: Emily Hicks Law, PLLC
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Why Is Social Security Important?

Even for the wealthy, their lifetime Social Security benefits likely rank high among their largest assets. For people with average lifetime incomes, it is often the biggest.
04/01/22 • by: Emily Hicks Law, PLLC
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How Do I Protect Myself and My Children in a Second Marriage?

Who’s going to inherit on the death of one of the re-marrieds? Will this be the surviving spouse? If so, where will those inherited monies go on the second-to-die’s death?
03/31/22 • by: Emily Hicks Law, PLLC
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How Much was Stolen from Elderly Client?

Heidi Royal, who was employed as an accountant at an Atlanta-based wealth management firm, has pleaded guilty to federal charges arising from a scheme to defraud one of the firm’s [elderly] clients.
03/30/22 • by: Emily Hicks Law, PLLC
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How Do I Talk to My Parents About Estate Planning?

If you have a parent over the age of, say, 65, thoughts about their future may have started to creep into your mind. But because end-of-life planning can be emotional and overwhelming, it’s tempting to put these conversations off — and even more pleasing to avoid them altogether. If there’s a lesson to be learned from the pandemic, however, it’s that waiting until the last minute to prepare is seldom a good idea.
03/29/22 • by: Emily Hicks Law, PLLC
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What are the Signs of Elder Abuse?

In the wake of the coronavirus pandemic, many older adults are more socially isolated than ever — and thus more vulnerable to being financially victimized.
03/28/22 • by: Emily Hicks Law, PLLC
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Taking Care of Dying Parent’s Financial Affairs Can Be Challenging

Dealing with a sick family member is a challenging and emotional time.
03/25/22 • by: Emily Hicks Law, PLLC
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What Is a Trust and How Does It Work?

Trusts are often associated with the rich. However, the uber-wealthy are not the only people who can benefit from using trusts. There is no minimum asset level or net worth required to set up a trust, and you can put any amount of money into a trust.
03/24/22 • by: Emily Hicks Law, PLLC
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Can Grandchildren Receive Inheritances?

Children and grandchildren motivate us to think about a will and life insurance. However, it is problematic to name minor children as beneficiaries.
03/23/22 • by: Emily Hicks Law, PLLC
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