Founder of The Elder & Disability Law Firm, Victoria L. Collier, reviews Trump’s proposed tax plan.
Certified Elder Care Attorney, Victoria Collier, reviews Trump’s pre-election proposed tax plan and encourages those in retirement and planning to retire to review their circumstances prior to the passing of any new tax laws.
Decatur, GA, November 16, 2016: Victoria L. Collier, founder of The Elder & Disability Law Firm, has posted a new blog on her law firm’s website entitled “The New Presidency is Bound to Result in Tax Changes.” Ms. Collier acknowledges the truth about any contest when she writes, “It seems democrats and republicans alike were holding their breath on election night.” She continues adding, “Now, as with every election there are those who are happy and those who are not. It can’t be helped. And now we move forward and see how things unfold.”
As Collier states, “If you’ve been following the news, then you will probably agree that one area that seems sure to change under the Trump Presidency is taxes.” According to Collier, “You may have missed the detail of Trumps’ pre-election tax plan amid all the chaos leading up to the election. So here’s a review: Trump’s plan called for lowering taxes across the board and reforming the Tax Code overall. He also talked about consolidating tax brackets into three rates: 12%, 25% or 33%. In addition he said he would lower the business tax rate to 15%.”
“Anyone who has already retired and is living on a fixed income,” says Collier, “as well as those nearing retirement age certainly will want to keep tabs on the changes.” She adds, “Often, significant tax changes can affect day-to- day living expenses.”
The entire blog can be read at 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.