Did You Know?

Did you know that October 15th - 21st is National Estate Planning Awareness Week? National Estate Planning Awareness Week was adopted in 2008 to help the public understand what estate planning is and why it is such a vital component of financial wellness. It is estimated that 70% of Americans do not have an estate plan in place and that most overlook estate planning when doing personal financial management. Estate Planning can give you peace of mind by helping to protect you, your loved ones, and your assets. Many people think that estate planning is mainly for the older community or that it’s too complicated or expensive. Here at Khaled Elder Law we have experienced staff who will help guide you through the estate planning process and make you feel comfortable every step of the way. Give us a call today!

Asset Protection Trusts: Getting a Better Understanding

“Planning is bringing the future into the present so that you can do something about it now.” Alan Lakein, American author and Time Management Expert. We plan to go on vacation. We plan to have dinner with friends. But when it comes to planning for how we will be taken care of as we advance in age, many of us prefer not to think about it, believing it will somehow all work out.  Unfortunately, when it comes to long term care planning, including finding the appropriate care and figuring out how to pay for it, those who fail to plan are clearly the ones who risk losing the most.

VA Benefits subject to a "look back" penalty period

EVER THOUGHT ABOUT APPLYING FOR VA BENEFITS??

 On September 18, the Veterans Administration (VA) published new rules that make it more difficult to qualify for this important benefit. For example, any gifts that you made in the past 36 months, either to a family member or to an irrevocable trust, would be penalized. Likewise, an investment in an annuity would also be penalized. This means you could be prohibited from qualifying for VA pension benefits for up to 5 years, depending on the amount of the gift.

Rock Hill Paralegal Achieves Advanced Certification

Louise Griffith, paralegal with Khaled Law Firm, has been awarded the prestigious Advanced Certified Paralegal designation by NALA, the Association of Legal Assistants-Paralegals.

Louise is now authorized to use the "ACP" designation. Louise has worked with Khaled Law firm for more than ten years and continues to excel in assisting Julia to create estate plans tailored to each individual's needs and ensure that every person walks away with a plan that suits his or her family.

Khaled Law Gets a New Office!

Khaled Law Firm Announces Its Move to 1430 Ebenezer Road Rock Hill, South Carolina

March 29, 2016 – Khaled Law Firm announces its move to 1430 Ebenezer Road, Suite 104, Rock Hill, South Carolina.

“We have greatly enjoyed all of our years in the 1373 office, and we are looking forward to this exciting new phase in the scope of our organization.  This move to an updated, modern office space will enable us to better serve the planning needs of our clients and focus on working with clients on the appropriate estate planning measures to prevent future probate litigation,” says Julia Khaled, owner of Khaled Law Firm.

Khaled Law Firm takes a holistic approach to organizing and simplifying their client’s goals and objectives.  At Khaled Law Firm, team members are dedicated to working in their client’s best interests and they are committed to maintaining open communication with their clients at all times.  They strive to deliver quality service to develop trust and to use their knowledge and experience to provide proactive, high-level service that suits their clients needs.

8 Reasons to Revise Your Estate Plan Today

Many of our long-term clients have worked with us to prepare a Will or Trust that suits their family's needs. However, even if you have completed your Estate Plan, you may need to revisit your plan over time. This Forbes article outlines some of the reasons you may wish to update your Estate Plan:

http://www.forbes.com/sites/markeghrari/2016/01/28/8-reasons-to-revise-your-estate-plan-today/#54942d1430d9

Tips to Avoid an Income Tax and Estate Planning Time Bomb

Fox61.com: Tips to Avoid an Income Tax and Estate Planning Time Bomb

This article discusses one tax consequence you may face if you attempt to do your own estate and long-term care planning. Unfortunately, far too many customers come to our office facing this very circumstance. The best way to get out of this problem is to enlist the help of an estate planning and long term care expert, so that you never get into it.