Founder of The Elder & Disability Law Firm, Victoria L. Collier, Offers 2017 Tax Plans.
Certified Elder Care Attorney, Victoria Collier, attempts to see far enough into the future to offer guidance for tax, estate and education planning even though no one knows for certain what’s likely to happen during the president elect’s first 100 days in office.
Decatur, GA, December 14, 2016: Victoria L. Collier, founder of The Elder & Disability Law Firm, has posted a new blog on her law firm’s website entitled “Tax, Financial and Education Planning for 2017 Without a Crystal Ball.” Clearly, Ms. Collier is not professing to be a clairvoyant, however she does make an attempt to help readers take steps to help themselves this tax season despite a world of uncertainties.
Collier writes, “With so many things up in the air for the possibility of change with a new president-elect, it would be wonderful to have a crystal ball.” She continues adding, “But we’re all in the same situation. It’s impossible to know for sure what will happen in Trump’s first 100 days.” “All we have to go on,” says Collier, “are the “promises” Trump talked about on the campaign trail. Some of those promises are more likely to be fulfilled than others.”
According to Collier, “For year-end tax, financial and estate planning there are a few things to consider that could be helpful. For instance, the president elect has talked about lowering tax brackets for next year.” Collier elaborates, “This is one area that seems likely to happen. With that in mind, it might be worth it to speak with a tax attorney, CPA or financial advisor about whether deferring some income into 2017 would be advisable. That may mean taking a bonus in January, instead of December, or waiting to redeem a savings bond, or putting off debt forgiveness income.”
The entire blog can be read here.
About Victoria Collier
Victoria L. Collier, CELA founded The Elder & Disability Law Firm of Victoria L. Collier, P.C. to serve the legal needs of seniors when their health care needs increase. At The Elder & Disability Law Firm of Victoria L. Collier, P.C. WE BELIEVE that people should not have to lose everything they’ve worked a lifetime to earn and that every person is an individual who deserves respect and the highest quality of life possible, regardless of age or ability.
Victoria enlisted in the U.S. Air Force during Desert Storm, 1989-1995, and also served in the U.S. Army Reserves, 1Lt. 2001-2004, JAG Corps. Victoria is a national expert on the VA Wartime Pension for veterans and their widows who need additional assistance with activities of daily living and helping them qualify for and receive tax-free income from the VA to pay for it. Victoria graduated from Valdosta State University with a B.A. in Psychology and then University of Nebraska, College of Law. In 2014, Victoria was awarded with the Alumni Master Award from the University of Nebraska.
Victoria is a Certified Elder Law Attorney through The National Elder Law Foundation and has been named as the only attorney in Georgia as “Fellow” of the National Academy of Elder Law Attorneys (NAELA). Victoria was appointed by Governor Perdue to the Georgia Council on Aging, 2010 – 2016 and was awarded Dekalb County Veteran of the Year, 2013. She is the author of 47 Secret Veterans Benefits for Seniors; Paying for Long Term Care – Financial Help for Wartime Veterans: The VA Aid & Attendance Benefit. Victoria has co-authored several books: Blooper Episodes in Estate Planning, Don’t Go Broke in a Nursing Home, and Protect Your IRA: Avoid the 5 Common Mistakes. Most notably, Victoria co-authored the National Best Seller, The Road to Success, with Jack Canfield, author of Chicken Soup for the Soul series.
About The Elder & Disability Law Firm
The Elder & Disability Law Firm was established to serve the legal needs of senior citizens when their healthcare needs increase. The Firm focuses its entire practice on Elder Law and Estate Planning matters, which encompasses the areas of Asset Protection, Medicaid Planning, VA Benefits planning, Estate and Special Needs Planning. Victoria Collier has grown her law practice through her personable nature and good management skills.