*     FOSTER LEGAL ADVISORY GROUP PC         *       www.fosterlegaladvisorygroup.com       *

*   Member New Mexico, New York and Massachusetts Bars  *   American College AEP  Candidate    *     Board Member NM Estate Planning Council    *   Rotary Del Norte - Albuquerque   *    Trusted Advisors Network   *    American Business Women's  Association    *    Wealth Counsel .   *

 

Property of the Foster Legal Advisory Group, PC    

CONTACT US:  505-835-6580

EMAIL:  Karin@Fosterlegaladvisorygroup.com

Office Address:  100 Sun Avenue, Suite 605,

                        Albuquerque, NM 87109

Attorney Advertising

The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

It’s important to review the beneficiary designations on accounts like life insurance, IRAs and pensions.

There have been many cases of retirement account owners who have been divorced and remarried but failed to update their beneficiary designations.  There are even more cases of account owners failing to update designations after a change of broker...

Under the 2018 Tax Cuts and Jobs Act (TCJA), any divorce finalized after January 1, 2019 will not allow for the deduction of spousal support, also commonly known as ‘alimony’.  Because of the looming changes in the law, there has been a rush to the court-house to accelerate divorces in places like California and New York.  New Mexico does not keep u...

March 13, 2018

Blockchain removes intermediaries from transactions. For the most part that’s a good thing – but it can also have unintended consequences. For example, cryptocurrencies like Bitcoin flow between people much like paper money would

 be handed over. No financial institution is involved in the transaction. The same is true for other assets being tracked...

As a small business owner, running your own business or professional practice takes up most of your day. But, no matter the length of your to-do list, it’s important that you make time for your estate planning and consider how your business fits into your estate. It's quite likely that a big portion of your wealth — and possibly your family's bigges...

February 13, 2018

During this time of commercialism, chocolate hearts and mushy cards (eye-roll) there are actually many ways to meaningfully say “I love you.” With Valentine’s Day this week, most of us are thinking how to communicate these important words to our spouses, kids, family and friends. Although the best way to convey how we feel is usually just to sa...

Caregiving can be very stressful and demanding. In the case of a healthy spouse or a child living with the disabled person at home, caregiving can be a 24 hour, 7 day a week commitment. But even for the caregiver not living in the home, looking after a loved one or friend can consume all of the caregiver's free time. Surveys and studies consistently...

Long Term Care Planning is the process of preparing for and funding long term care. Long Term Care refers to a wide-range of medical, personal and social services for individuals who are unable to provide for their own needs for an extended period of time. This need for care from others may be caused by age, accident, illness, dementia, stroke, depr...

The main purpose of a will is to direct where your assets will go after you die, but it can also be used to instruct your heirs how to pay your debts. While generally heirs cannot inherit debt, debt can reduce what they receive. Spelling out how debt should be paid can help your heirs.

If someone dies with outstanding debt, the executor is responsibl...

Please reload

Featured Posts

Can an adult child be liable for their parent's medical bills?

July 2, 2018

1/6
Please reload

Isn't  it time to

create your Estate Plan?

(505) 835-6580 - ABQ

(505) 989-9299 - SF

Karin@fosterlegaladvisorygroup.com

Archives
Please reload

Search By Tags