INSIGHTS
News & Client Information
Stay informed with the latest news and valuable insights from Morello Law Group, P.C., providing clients with essential updates and expert guidance on legal matters, financial planning, and more.
Why Estate Planning Is Essential for Your College-Aged Child
As your child turns 18 and prepares to embark on their college journey, estate planning is probably the last thing on your mind. However, once your child becomes a legal adult, you no longer have automatic rights to make medical or financial decisions on their behalf....
Attorney Spotlight Q&A: Noah J. Christie
Q. What is a 529 Plan? A. A 529 Plan is a tax-advantaged education savings plan that can help families prepare for future expenses. ✔️ Tax-deferred growth ✔️ Tax-free qualified withdrawls ✔️ Covers a variety of educational expenses ✔️ Flexible beneficiary options ✔️...
529 Plans – Education Savings & New Planning Opportunities
Many individuals and families are looking for meaningful ways to help children and grandchildren prepare for future educational expenses. One option that offers both flexibility and tax advantages is a 529 Plan. What is a 529 Plan? A 529 Plan is a tax-advantaged...
Long-Term Care & Medicaid Planning
Planning for long-term care is one of the most important, and often most overwhelming, legal and financial challenges facing individuals and families today. We often hear from clients about how confusing and difficult it can be to access these programs, programs they...
The “Legacy Drawer”: One of the Most Important Gifts You Can Leave Your Family
Did you know we are a full-service law firm? Our role does not end when your estate plan is signed. Our goal is to support you during your lifetime and guide your family after you are gone. A well-drafted estate plan ensures your wishes are clear. But there is another...
Why Estate Planning Matters More Than Ever: 2026 Cost-Of-Living Adjustments
Michigan’s Estates and Protected Individuals Code (EPIC) includes annual cost-of-living adjustments that affect intestate succession, small estates, and statutory allowances. 2026 Cost of Living Adjustments chart here As of January 1, 2026, these updated figures can...
2026 Overview of Medicaid and Long-Term Planning
Don't have the time to read right now? Download this article here Statistics A report published by the U.S. Centers for Medicare & Medicaid Services, entitled “National Health Expenditure Projections 2019-2028” states, in part, as follows: National health...
VA Benefits in 2026: Unlocking the 4 Vital Requirements
The U.S. Department of Veterans Affairs ("VA") offers needs-based pension benefits for a qualifying veteran or the widow or widower of a qualifying veteran who may need assistance with living and care costs. In many situations, a veteran may qualify for an enhanced...
2026 Overview of Estate Planning
The purpose of estate planning is to maximize current investments, and for the private transfer of property to selected beneficiaries with a minimum of taxes, expenses and inconvenience. The objective is to: Distribute property to the people you choose ("who", "what",...
Overview of the One, Big, Beautiful Bill Act (OBBBA)
On July 4, 2025, President Trump signed the One Big, Beautiful Bill Act (OBBBA) into law. This landmark tax legislation makes permanent many provisions originally set to expire under the 2017 Tax Cuts and Jobs Act (TCJA), introducing several new deductions, and...