A Living Will provides that life will not be artificially prolonged when there is no hope for recovery. To determine that there is no hope for recovery, the patient’s physician and another consulting physician must determine that the patient has a terminal or end-stage condition, or is in a persistent vegetative state, and there is […]
Continue readingThe IRS imposes a tax on lifetime gifts, called the “gift tax” made in excess of the annual gift tax exclusion, but it rarely results in an actual tax. The gift tax (on lifetime gifts) is related to the estate tax (on gifts made at death). It was established to avoid lifetime transfers from reducing […]
Continue readingby Mary Martinez With longer life expectancy and improved health in the older years, grandparents play an increasingly significant role on children’s’ lives. Sufficiently removed from the pressures of everyday parenting, grandparents can approach their grandchildren in a fun and playful manner, enhancing healthy learning and early development. Involved grandparents can make a huge difference […]
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