The following is a brief description of some common taxes involved in estate planning. The attorneys in our firm are experts in tax issues, and are prepared to assist with any tax issues you may encounter. See the Tax section of our firm's website.
Estate planning becomes particularly important in the context of dealing with a diagnosis of Alzheimer's Disease. Approximately 5.1 million persons in the United States are thought to suffer from Alzheimer's Disease (AD). Most of those suffering from AD are over the age of 60, although up to 5% of people in their 40s and 50s suffer from early-onset Alzheimer's. The disease affects approximately 3% of persons ages 65-74 and up to 50% of persons over the age of 85. Unfortunately, the disease is fatal and its effects are irreversible.