As a parent of a disabled child approaching adulthood, you may be wondering how child support payments will affect their Supplemental Security Income (SSI). The simple answer is “yes”—child support does reduce your child’s SSI benefits. Here’s how it works:Child
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Why You Should Consider a Spousal Lifetime Access Trust (SLAT) Before 2026?
By Pooja Arora & Attorney
Estate
planning can feel overwhelming, especially with changing tax laws. One tool
that’s gaining popularity among high-net-worth couples is the Spousal Lifetime
Access Trust (SLAT). If you’re looking to preserve your wealth and minimize
estate taxes, understanding SLATs is crucial.…
Understanding Federal Estate Taxes and Spousal Deduction (US Citizen and Non-US Citizen spouse)
By Pooja Arora & Attorney
Hey there, welcome to my explanation about Federal Estate and Gift Taxes in the United States. I’ll break it down in a way that’s easy to understand.Federal Estate Tax Overview:The federal estate tax in the United States is…
What is a Special Needs Plan?
By Pooja Arora & Attorney
Special needs planning involves developing a detailed financial and legal strategy to provide continuous support for individuals with disabilities, especially those who will require assistance throughout their lives. The main aim is to ensure that these individuals have a good…
Demystifying Estate Planning: More than Money and Mansions
By Pooja Arora & Attorney
Demystifying Estate Planning: More than Money and MansionsWhen you hear the word “estate,” do images of grand mansions, piles of money, and luxurious belongings immediately pop into your mind? You’re not alone. Many people associate estates with wealth beyond…
What Are Your Goals Behind Creating An Estate Plan?
By Pooja Arora & Attorney
WHAT ARE YOUR GOALS BEHIND CREATING AN ESTATE PLAN?When it comes to creating an estate plan, there is no “one size fits all” approach. Just as each individual is unique, so should their estate plan. An estate plan…
I already have a Revocable Living Trust in place. Why do I need a Power of Attorney?
By Pooja Arora & Attorney
I already have a Revocable Living Trust in place. Why do I need a Power of Attorney? When it comes to estate planning, there is no ‘one size fits all’ approach. Hence, an estate planner must think ahead and plan…
Will v. Trust
By Pooja Arora & Attorney
Will v. Trust:When it comes to securing your legacy and ensuring your assets are distributed according to your wishes, will-based estate planning stands as a time-tested and reliable option. A last will is a legal document that allows you…