Brett Howell, the founder of the Elder and Estate Planning Law Firm, specializes in helping Michigan families protect their estates. Whether you are worried about nursing home expenses that cost approximately $9,000.00 per month, assisted living expenses, having your estate avoid probate court or planning for a special needs child or grandchild, Brett has helped thousands of families obtain peace of mind when faced with such issues. Often this involves qualifying for Medicaid or VA benefits, creating a trust for an estate or a special needs trust for a disabled loved one. If you are dealing with any of these issues, contact our office for a confidential consultation to discuss your concerns with Brett – you will be glad (and relieved) you did.
In August we warned you that the Setting Up Every Community for Retirement Enhancement Act, better known as the Secure Act, was likely to become law and that it would ultimately cause more of your retirement accounts to be paid to the IRS. Well, it was signed into law on December 20, 2019 and it has significantly changed the traditional planning for retirement benefits known as the “stretch IRA”. Since it applies to anyone who dies after December 31, 2019, if you had planned