Nursing Homes for Veterans
Nursing home coverage for veterans is available from two sources within the Department of Veterans Affairs — the veterans health care system and the state veterans homes system.
Ohio Estate Planning, Trust and Probate Blog
How Obama’s Budget May Affect Charitable Gifts
Probably an increase in 2010 and a substantial drop thereafter.
From Professor Chris Hoyt of the University of Missouri (Kansas City) School of Law...
Arizona Estate Planning Blog
Expanded Tax Break Available for 2009 First Time Home Buyers
From today’s IRS Newswire:
WASHINGTON — The Internal Revenue Service announced today that taxpayers who qualify for the first-time homebuyer credit and purchase a home this year before Dec. 1 have a special option available for claiming the tax credit either on their 2008 tax returns due April 15 or on their 2009 tax returns next year....
Top 10 Facts About Taking Early Retirement Plan Distributions
From the IRS:
If you took an early distribution from your retirement plan, here are some things you need to know:...
Brief Summary of Certain Stimulus Act Provisions
On February 17, 2009, President Obama signed into law the $787 billionAmerican Recovery and Reinvestment Act of 2009 (the 2009 "Stimulus Act")....
Title Insurance for Real Estate in Living Trusts
My standard advice for clients who are transferring real property to their revocable living trusts is to check with their title insurance company to make sure they will still be covered....
US Supreme Court Awards Retirement Plan to Ex-Spouse
If you divorce, make sure that you change your retirement account beneficiaries! As obvious as that advice sounds, it is not uncommon, particularly when there is no remarriage, for one to forget to designate a new beneficiary. ...
Small Non-Profits Beware – File Your Forms 990-N!
This report on msnbc.msn.com discusses GuideStar‘s statement that 500,000 non-profit organizations could lose their tax-exempt status in May 2010....
SECU has Ridiculous Policy on Living Trusts
I have long known that the North Carolina State Employees Credit Union (SECU) refuses to refinance any residence owned by a revocable living trust. ...
Summary of the American Recovery and Reinvestment Act of 2009
Click "Continue Reading" for the Senate Appropriations Conference Summary Report.
Thursday, February 12, 2009
Rob Blumenthal/John Bray, Inouye (202) 224-7363
Kirstin Brost, Obey (202) 225-2771
NC Had 7th Highest Unemployment in U.S. in December
I had no idea North Carolina was so bad off until I saw the statistics put out by the Bureau of Labor Standards. ...
The American Recovery and Reinvestment Act of 2009
Click "Continue Reading" to view a chart that provides a side-by-side comparison of the tax provisions in the House and Senate versions of “The American Recovery and Reinvestment Act of 2009.”...
UNC Law School to Host Clinic for Same-Sex Couples
On Thursday, February 12, 2009, the Lambda Law Students Organization of the UNC Law School will hold an event for same-sex couples to fill out and have notarized general and health care powers of attorney....
Tax Discounts Alive and Well – For Now
The U.S. Tax Court issued an opinion on January 29, 2009 in the Estate of Marjorie deGreeff Litchfield v. Commissioner (T.C. Memo. 2009-21). ...
Revised Medico-Legal Guidelines Published
From the North Carolina Bar Association website:
The North Carolina Bar Association and the North Carolina Medical Society are pleased to announce the publication of their revised Medico-Legal Guidelines....
Third Time is Not a Charm for Obama’s Cabinet
Facing negative publicity over unpaid taxes, Tom Daschle withdrew his name from consideration as Secretary of Health and Human Services....