Grimaldi Yeung Law Group Blogs

Dividing Heirlooms Among Family Members

Dividing Heirlooms Among Family Members

When it comes to distributing your assets, investment accounts are easily divided. However, tangible assets, especially those with sentimental value, can become emotional lightning rods for families. Boomers are today confronting their own mortality, and that includes...

read more
Is It Time To Consider Assisted Living?

Is It Time To Consider Assisted Living?

If you're edging toward those carefree golden years, chances are you've come across the term “independent living.” Essentially, this means staying on your own, minus the headaches of maintaining a home. Here are some tips on when to know if you are ready for this...

read more
7 Ways To Maximize Your VA Benefits

7 Ways To Maximize Your VA Benefits

The Veteran’s Administration (VA)  has many benefits for aging veterans and their spouses. Many of these benefits entitle Veterans to long-term care benefits. We want you to be aware of what your entitlements are and how you can best access these benefits.   You must...

read more
Should I Fund a Trust with Life Insurance?

Should I Fund a Trust with Life Insurance?

Estate planning is all about ensuring that your wishes are met both in life and after your death.  An estate plan has other vital goals such as ease of administration, tax minimization, and achieving harmony among family members.  Estate plans will include lifetime...

read more
Making the Most of Exemptions and Flexibility in Spending

Making the Most of Exemptions and Flexibility in Spending

Federal estate, gift, and GST tax exemptions are currently at a historic high.  The federal gift and estate tax exemption are combined to cover lifetime gifts and those distributions that pass at death.  The current combined gift and estate tax exemption amount is...

read more
Do I Have To Pay Taxes During Retirement?

Do I Have To Pay Taxes During Retirement?

Estate planning is all about ensuring that your wishes are met both in life and after your death.  An estate plan has other vital goals such as ease of administration, tax minimization, and achieving harmony among family members.  Estate plans will include lifetime...

read more

Family Dynamics

After a loved one passes one of the biggest hurdles families face is passing wealth onto the next generation. Unfortunately, family dynamics conspire, conflict, and invite angst among descendants. More than 2/3 of all advisors said that the hardest part of estate...

read more
Consider Funding a Trust with Life Insurance

Consider Funding a Trust with Life Insurance

Estate planning is all about ensuring that your wishes are met both in life and after your death.  An estate plan has other vital goals such as ease of administration, tax minimization, and achieving harmony among family members.  Estate plans will include lifetime...

read more
Do I Have To Pay Taxes During Retirement?

Do I Have To Pay Taxes During Retirement?

It is a common belief that one’s Social Security benefits (‘SS”) are provided tax-free.  Generally, that is true.  By there are exceptions. You may be surprised to learn that a portion of your Social Security benefits could be subject to federal income taxes.  We...

read more