No. If you are receiving unemployment benefits, you are telling a State agency that you are ready and able to work, but no work is available. When applying for Social Security disability benefits, you are alleging that you are unable to perform any type of work due to a disabling condition.
Can I Use Quicken Will and Trust Maker for my Gun (NFA) Trust?
With the increase in use of trusts for ownership of NFA firearms, many individuals are asking whether they can use Quicken Will and Trust Maker or Legal Zoom to create their gun trust. The main reason for using Quicken/Legal Zoom is itheir cheap price. As always, you get what you pay for. While Quicken and Legal Zoom … Continue reading Can I Use Quicken Will and Trust Maker for my Gun (NFA) Trust?
Age and Social Security Disability
The Social Security Administration considers age in making disability determinations. When a Claimant age 55 or less is seeking disability benefits, the Administration must evaluate whether or not the Claimant can perform his/her past relevant work. If the Claimant is found to be able to perform his/her past relevant work, then they are not disabled. … Continue reading Age and Social Security Disability
Should I Consider an Irrevocable Gun Trust?
While we recommend revocable gun trusts in most situations, there are situations where an irrevocable gun trust might be the best option for a client. Specifically, with a revocable trust, a judgment creditor can attach to the assets of a revocable trust because the settlor/grantor can revoke the trust at any time. However, with an … Continue reading Should I Consider an Irrevocable Gun Trust?
SSI and SSD– what’s the difference?
Under the Social Security Act, there are two types of disability benefits that are potentially available to Claimants who are disabled for Social Security purposes—SSI (Supplemental Security Income benefits) and SSD (Social Security Disability benefits). What are they and how do they differ? SSD Benefits— SSD benefits are available to disabled workers who have a significant work history (in most cases … Continue reading SSI and SSD– what’s the difference?
The New Trust on the Block…The Gun Trust
As if estate planning was not already complex and all-encompassing, there is a new craze sweeping firearm enthusiasts throughout Pennsylvania and the rest of the United States. It is the Gun Trust. However, most attorneys are bewildered by this new trust and are asking: What is it? What is its purpose? What benefit does it … Continue reading The New Trust on the Block…The Gun Trust
Recordkeeping and Identification of Trust Property in a Gun (NFA) Trust
Per 20 PA.C.S. 7780, “Recordkeeping and Identification of Trust Property,” a trustee must: 1. keep adequate records of the administration of the trust; 2. keep trust property separate from the trustee’s own property; and 3. ensure that trust property is designated so that the interest of the trust, to the extent feasible, appears in records … Continue reading Recordkeeping and Identification of Trust Property in a Gun (NFA) Trust
Will a new president mean changes to SSD?
I’ve received a number of calls recently from client’s wanting to know what changes, if any, will take place with Social Security and Medicare now that President Obama has taken office. President Obama has identified Social Security and Medicare as one area that he plans to target for reform. The short answer is the nothing … Continue reading Will a new president mean changes to SSD?
Please make my son and daughter co-executors NOT!
When drafting a will, our clients with more than one child often request that we name both of their children as co-executors so not to offend one of them. While that decision is ultimately up to our client, in most circumstances, that is not the best solution. First, if one or more of the children … Continue reading Please make my son and daughter co-executors NOT!
Fearful Wife Means Loss of Weapons
A Family Court judge’s decision could have kept a lot of deer hunters out of the woods this last season – and maybe next year, too. Most hunters and gun collectors are aware that a felony conviction will cripple their rights to own or possess a firearm. Many may not be aware, though, that an … Continue reading Fearful Wife Means Loss of Weapons
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