When taxpayers fail to comply with noncash charitable contribution reporting requirements.. If you itemize your deductions on your tax return,…
Hook Law Blog
New Tax Legislation Introduced – What to Expect
Earlier this year we reported President Biden’s tax plan which included items such as raising the corporate tax rate, raising…
Can a nursing home sue an agent under a power of attorney for unpaid bills?
If you are the agent under a power of attorney for a parent or loved one, you may often sign…
Understanding the Caretaker Child Exception
Many of our clients have heard of the “five-year lookback” but few understand what it actually means. In essence, since…
Charitable and Tax Planning with Charitable Lead Trusts
A Charitable Lead Trust (“CLT”) is tax beneficial way to achieve a donor’s philanthropic goals and pass assets to heirs…
The Dangers of Holographic (Handwritten) Wills
There are two types of wills: (1) holographic and (2) non-holographic. Non-holographic - or typed, witnessed and attested wills -…
Do I Really Need a Living Will?
More than any other legal document, clients are most often concerned or hesitant about signing an advance directive or “living…
Funding Pooled Special Needs Trusts after Age 65
Over the course of the last year, one of the major developments in special needs law has centered around the…
Recent Updates: Dental Benefits Under Virginia Medicaid, Medicaid Treatment of COVID-19 Relief Payments, & COVID-19 Funeral Assistance
New Dental Benefits Available Starting on July 1, 2021, adults over age 21 who are receiving full Medicaid and…
