Category Archives: Asset Protection

Protecting your personal assets from exposure to unforseen events is a focus of Four Pillars Law Firm. We can protect your business assets, home, and life savings from creditor claims which result from lawsuits, divorce, business failures, and medical expenses. Proper estate planning can protect your assets and ensure they pass to your loved ones according to your wishes–rather than being consumed by unforseen events.

Elderly Losing Homes for Owing a Few Hundred Dollars in Back Taxes

In what a new report is calling “a second nationwide foreclosure crisis,” homeowners, particularly the elderly, are losing their homes because they owe as little as a few hundred dollars in back property taxes.  At the same time, big banks … Continue reading

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Disinheriting a Relative can be Complicated

Have a “black sheep” in your family that you would like to disinherit?  Perhaps you feel that you have given one child more during your life, so he or she should get less in your will. Or you may want … Continue reading

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May Someone with Dementia Sign a Will?

Millions of people are affected by dementia.  Unfortunately, many of dementia sufferers do not have all their estate planning affairs in order before the symptoms start. If you or a loved one has dementia, it may not be too late … Continue reading

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Preventing a Will Contest

Emotions can run high at the death of a family member. If a family member is unhappy with the amount they received (or didn’t receive) under a will, he or she may contest the will. Will contests can drag out … Continue reading

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2012 Estate Tax Politics

It’s the same ole’, same ole’, just a different year. Thanks to politicians opting to “punt” any formal estate tax decisions down the road a couple of years ago, they are now once again saddled with how to handle the … Continue reading

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CPA Q&A on the New Healthcare Surtax

Robert S. Keebler, a well-known and respected CPA, answers questions on the new healthcare surtax which will be implemented in 2013. Continue reading

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Too Educated to Fall For a Scam?

When people hear the horror stories of others falling prey to scam artists, their immediate reaction is almost always “that would never happen to me.” Perhaps that’s true; but reality is showing that as our parents age, more and more … Continue reading

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Son Liable for Mom’s $93,000 Nursing Home Under “Filial Responsibility” Law

Some 30 states currently have laws making adult children responsible for their parents if their parents can’t afford to take care of themselves.  These “filial responsibility” laws have rarely been enforced, but six years ago when federal rules made it more difficult to qualify … Continue reading

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Consumer Warning on Financial Advisor “Senior” Designations

Thousands of financial advisors market themselves as trained to provide investment advice to seniors, using authoritative-sounding titles like “certified senior advisor” or “certified retirement counselor.”  But often these designations are nothing more than what are called “weekend” designations, obtained by … Continue reading

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Giving Your Home to Your Children Can Have Tax Consequences

Many people wonder if it is a good idea to give their home to their children.  While it is possible to do this, giving away a house can have major tax consequences, among other unforseen results. When you give anyone … Continue reading

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