For individuals who want to ensure their assets are managed and distributed according to their wishes after their passing, appointing a Trustee is a crucial decision to be made. The choice of a Trustee will mostly depend on individual circumstances and preferences; however, a Trustee should be someone who is reliable, responsible, trustworthy, and with a good track record of managing finances and investments. It's also important to consider whether the Trustee shares your values and goals for … [Read more...] about Who should be your Trustee?
World Elder Abuse Awareness Day is June 15th Every year, many Americans age 60 and older suffer abuse and neglect. As part of World Elder Abuse Awareness Day, we join the international community to raise awareness and help end elder abuse here at home and around the world. The Elder Justice Act of 2009 defines elder abuse as "the knowing infliction of physical or psychological harm or the knowing deprivation of goods or services that are necessary to meet essential needs of an … [Read more...] about Watching Out for Elder Abuse
Best wishes to the members of three faiths. With this season of Easter, Passover, and Ramadan upon us, Sandoval Legacy Group Family wishes you warm thoughts and blessings as you gather with the ones you love. Easter is Sunday, April 17, for most Christians. However, it’s April 24 on the Eastern Orthodox calendar. Easter celebrates the resurrection of Jesus after his crucifixion. Passover begins Friday, April 15, and ends Saturday, April 23. It celebrates the liberation of Jews from … [Read more...] about Happy Easter, Passover, and Ramadan from the Sandoval Legacy Group family and law firm!
It’s March, and that means it’s Brain Injury Awareness Month. A national effort to raise awareness of brain injury is led by the Brain Injury Association of America (BIAA) every March and from 2021-2023, has been designated #MoreThanMyBrainInjury in recognition of the over 5.3 million adults and children in the U.S. with a permanent brain injury disability. While strokes, infectious diseases, and brain tumors are among the most common causes of these injuries, these numbers also include … [Read more...] about Brain Injury Awareness Month 2022 — #MoreThanMyBrainInjury
It should come as no surprise that providing care for adult children, relatives, or parents can result in additional financial strain. To alleviate this stress, the IRS offers a credit for dependents over the child tax credit age of 18. For each dependent who meets these requirements, you may qualify for a $500 credit: You Can Claim This Credit If: This credit can be claimed in addition to the child and dependent care credit and even the earned income credit. You can check … [Read more...] about Can You Claim the Credit for Other Dependents?
In Honor of Love Month, Enjoy A Valentine's Day & Estate Planning Special Offer. Love month is officially upon us! While Valentine's Day cards, heart-shaped candy, and overpriced stuffed animals are great, wouldn't it be nice to give a gift to our loved ones that will truly help them? Love is always a reason for celebration, especially if it comes from your heart. Although couples may get all the attention this time of year, they are not the only ones who … [Read more...] about This Valentine’s Day Give Your Loved Ones The Gift of Peace of Mind.
Benjamin Franklin is credited with saying, “In this world nothing can be said to be certain, except death and taxes.” Despite the certainty of death, many put off estate planning. Death and finances are two of the most uncomfortable subjects, they are both emotionally charged, and nobody wants to talk about either one of them. One of the hardest decisions people make in the estate planning process is how much (and when) to tell their children about their plan. It is no surprise that most people … [Read more...] about The Importance of Talking To Your Family About Your Final Wishes
Today, and every day, Sandoval Legacy Group, a division of Holstrom, Block & Parke, is proud to support, and honor veterans. In celebration of Veterans Day and Armistice Day, we honor all who serve. Every year, Veterans Day falls on November 11th – Armistice Day. Armistice Day (officially changed to Veterans Day by President Eisenhower in 1954) marked the end of World War I, but now it serves to honor all service men and women from many countries around the … [Read more...] about To all the veterans out there… we salute you! Thank you for your service and sacrifice!
Who Qualifies? The Child and Dependent Care Tax Credit is available to parents and caregivers who are either working or looking for work and who claim dependents on their tax return. In addition, the credit is available to those who care for children under age 13 or a spouse or dependent of any age who is physically or mentally incapable of caring for themself. The CTC was created in 1997 and has been expanded several times since, most recently in 2020. The COVID-19 pandemic … [Read more...] about Child Care and Dependent Tax Credits for 2021
How can you be sure that an insurance salesman is being honest with you? Talk to a broker instead of a corporate representative. Because Medicare brokers work for many different insurance companies, they can try to find the right fit for you rather than pushing one carrier. Your Medicare broker will be able to review all options available and search for a plan that most closely fits your individual needs and budget. What Is A Medicare Broker? Medicare brokers, also known as … [Read more...] about Should You Go with a Medicare Broker?