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Janna Dutton & Associates, P.C.
Attorneys at Law
One North LaSalle Street
Suite 1700
Chicago, IL 60602
312-899-0950
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This
Month's Articles:
· What's a Health Care
Proxy and Why Do I Need One?
· Unwrapping the
Confusing Gift Tax Rules
· Are You Saving Too
Much for Retirement?
· Book Review: AARP
Crash Course in Estate Planning
· Home Care May Not Be
Cheaper than Assisted Living or a Nursing Home
· Generic Will Form
Leads to Unlawful Practice of Law
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What's a Health Care Proxy and Why Do I Need One?
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If
you become incapacitated who will make your medical decisions? A health
care proxy allows you to appoint someone else to act as your agent for
medical decisions. It will ensure that your medical treatment
instructions are carried out, and it is especially important to have a
health care proxy if you and your family may disagree about treatment.
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more...
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Unwrapping the Confusing Gift Tax Rules
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The
rules surrounding taxes on gifts often create confusion during tax season
– or any other time. Here are some of the nuts and bolts of the gift tax,
including when a gift tax form needs to be filed.
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more...
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Are You Saving Too Much for Retirement?
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Some
economists are contending that many Americans could be saving less for
retirement than the financial services industry's online calculators are
advising them to set aside. These economists say that many ostensibly
objective online calculators overstate how much money someone will need
in retirement – by as much as double the amount actually needed.
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more...
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Book Review: AARP Crash Course in Estate Planning
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 Under
the assumption that estate planning clients get better results if they
are well informed, the AARP Crash Course in Estate Planning is
designed to provide individuals with a basic understanding of estate
planning before they consult an attorney.
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more...
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Home Care May Not Be Cheaper than Assisted Living or a
Nursing Home
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When
it comes to long-term care, which type of care is cheaper? A common
misperception is that receiving care at home is less expensive than
getting care at an assisted living facility or nursing home. According to
Andrea Cohen, CEO of Houseworks, a private home care agency in Boston,
Massachusetts, which type of care is the cheapest depends on the amount of
care needed.
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more...
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Generic Will Form Leads to Unlawful Practice of Law
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Filling
in a generic will form for a friend or family member may seem like a
simple task, but be careful -- it could be considered the unlawful
practice of law. The Supreme Court of South Carolina recently found that
a man who helped a friend with her will engaged in the unlawful practice
of law even though he merely filled in the blanks on a generic will form.
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more...
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