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Testimonials
Glenn Erb
I’ve never “met” a lawyer like Kelly Shovelin. She’s friendly, honest, helpful, and she immediately returns every single one of...Betty Ann Myers Cook
To me, Kelly Shovelin is a good example of what a lawyer should be. I have every confidence in Kelly...Steve Hill
Imagine a lawyer who is so caring, she drives out of her way on a weekend trip to make a...Emily Hill
Kelly brought the perfect combination of strong expertise and personal sensitivity to the situation, helping us to provide for our...Graylynn Thrift
When our family was faced with the daunting task of safeguarding our parents’ wellbeing, Kelly Shovelin expertly navigated us through...Peter Saffo
When my mother-in-law fell sick and required full-time nursing care, my wife and I stepped in to help manage her...Bobby Ray Moore
After losing my wife to a nursing home, and losing my life savings to long-term health care, I was at...Bette Parrett
As my parents struggled with the financial burden of my father’s ongoing medical expenses, social workers told me there were...Frank G. Ahern
I was immediately taken with Kelly’s communication skills and extensive knowledge of elder law. Kelly’s warm personality and sense of...Subscribe!
Tag Archives: Inheritance
Supreme Court Rules Inherited IRA’s not Bankruptcy-Protected
In a sweeping decision in Clark v. Rameker, the U.S. Supreme Court held that funds in an inherited IRA are not protected in bankruptcy. The Court’s analysis focused on key legal distinctions between the type of IRA you set up … Continue reading
Introducing the IRA Inheritance Trust! (Part 2)
In my last blog, I discussed the beneficial use of an IRA Inheritance Trust to ensure your beneficiaries maximize the power of inherited retirement accounts through compounded tax-free growth and less income taxes being due each year distributions are taken … Continue reading
Introducing the IRA Inheritance Trust! (Part 1)
You may know the difference between a Last Will & Testament and a Revocable Living Trust, but did you know there is a special trust specifically for retirement accounts? Don’t make the faulty assumption that your Revocable Living Trust will … Continue reading
Huguette Clark’s Continuing Will Contest Saga (Part II): Testamentary Capacity
Last week I blogged about the embattled estate of Huguette Clark the heiress who died in New York City in 2011 after spending the last 20 years of her life in a room at Beth Israel Medical Center. Click here to … Continue reading
Four Pillars Attorneys Attend NAELA UnProgram
Since Kelly is in the proverbial “driver’s seat” of Four Pillars Law Firm, it only makes sense that she serves on a Steering Committee. (Sorry, we couldn’t resist!). Early this month, Kelly and Matt drove down the highway to Pawley’s … Continue reading
‘Fiscal Cliff’ Deal Brings Changes to Estate Taxes and IRAs
Congress finally came to an agreement to avoid the “fiscal cliff,” and the agreement includes some changes to federal estate taxes and Individual Retirement Accounts (IRAs). The American Taxpayer Relief Act sets a permanent estate tax rate and provides a … Continue reading
Posted in Asset Protection, Elder Law & LTC Planning, Estate Planning & Administration
Tagged Aging Parents, American Taxpayer Relief Act, ATRA, charitable gifts, Death Tax, Estate Planning, Estate Tax, Family, Financial Planning, fiscal cliff, Gift Tax, Inheritance, IRA, IRA distributions, IRA rules, Legislation, lifetime gift tax exclusion, Personal Finance, portability, Protecting Inheritence, tax law, Tax Planning, Taxes, Trust Planning
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What is this “Portability” Nonsense, Anyway?
Under the provisions of the recently passed American Taxpayer Relief Act (“ATRA”), “portability” of the estate tax exemption between spouses has been made permanent. So what does “portability” of the estate tax exemption actually mean? Well, in a nutshell, it … Continue reading
Sharing Inheritance Plans with your Children
Most clients who come through my doors interested in estate planning want to maintain control of their assets as long as possible. As an extension of that control, most clients keep their children “in the dark” about the nature of … Continue reading
Posted in Elder Law & LTC Planning, Estate Planning & Administration
Tagged Aging Parents, Choosing an attorney, Estate Planning, Family, Financial Planning, Inheritance, IRA, Personal Finance, Probate, Protecting Inheritence, Retirement, Sandwich Generation, Tax Planning, Trust Planning
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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
Posted in Alzheimer's & Dementia, Asset Protection, Elder Law & LTC Planning, Estate Planning & Administration
Tagged Aging Parents, Alzheimer's, Choosing an attorney, Dementia, Estate Planning, Estate Tax, Family, Financial Planning, Guardianship, Health Care, Healthcare Directives, Healthcare Power of Attorney, Independent Living, Inheritance, Last Will & Testament, Living Will, Long Term Care, mental capacity, Personal Finance, Power of Attorney, Probate, Protecting Inheritence, Sandwich Generation, sign a will, Special Needs Trust, testamentary capacity, Trust Planning
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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
Posted in Alzheimer's & Dementia, Asset Protection, Elder Law & LTC Planning, Estate Planning & Administration
Tagged Aging Parents, Alzheimer's, Choosing an attorney, Dementia, disinherit, disinheritance, estate litigation, Estate Planning, Family, family dispute, Financial Planning, Inheritance, Last Will & Testament, Personal Finance, Probate, probate litigation, Protecting Inheritence, Sandwich Generation, Trust Planning, unhappy heirs, will contest
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