Estate Planning for Vacation Homes

WealthManagement.com Apr 07, 2020 Bronwyn X. Martin, Martin M. Shenkman  There are 7.4 million Americans who own a second home . Planning for these assets is important to the estate-planning […]

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Employee vs. Independent Contractor

WealthManagement.com Apr 02, 2019 Alan Gassman, Martin M. Shenkman  What’s the distinction between characterizing someone as an employee or independent contractor? Perhaps more importantly, do you as a wealth advisor […]

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Trust Income Tax Basics

WealthManagement.com Mar 21, 2019 Martin M. Shenkman  Trusts are ubiquitous in asset protection and estate planning. Regardless of a client’s wealth level, he should be using trusts to avoid problems […]

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Disinheriting an Heir

WealthManagement.com Mar 12, 2019 Stanley H. Teitelbaum, Martin M. Shenkman  Disinheritance creates complicated issues for many families. There are myriad ways to leave assets to heirs, so there are many […]

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Legacy Planning Is Changing

WealthManagement.com Oct 30, 2017 Philip Cubeta, Thomas Rogerson, Martin M. Shenkman  Fewer clients need estate tax planning. Automated service platforms and artificial intelligence are making it more difficult for investment […]

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Crowdsourcing Tax Confusion

WealthManagement.com Oct 20, 2017 Martin M. Shenkman, Bernard A. Krooks, Jonathan G. Blattmachr  In the wake of any tragedy, charitable efforts to help victims often come with a sense of […]

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SLATs Provide Flexible Plans for Many Clients

WealthManagement.com May 15, 2017 Andrew T. Wolfe, Martin M. Shenkman  In the current environment of uncertainty, many married clients should consider implementing non-reciprocal spousal lifetime access trusts (SLATs). This strategy […]

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Religion and Estate Planning

WealthManagement.com Sep 27, 2016 Martin M. Shenkman  Showing sensitivity to a client’s religious concerns should be an integral component of estate planning. Religious goals can be achieved by integrating a […]

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Trust Friendly States

WealthManagement.com Sep 15, 2015 Martin M. Shenkman  Most folks (and lawyers) tend to set up trusts in the state where they live and their lawyer practices. While this might seem […]

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A Symphony of Collaboration is the Key

WealthManagement.com Sep 1, 2015 Martin M. Shenkman  Jonathan Clements wrote the following in a recent article in Financial Planning, “To Beat Robos, Stop Selling Fantasies,” Aug. 31, 2015: “Many traditional […]

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Dissolving an FLP/LLC: Part I

WealthManagement.com Jul 20, 2015 Martin M. Shenkman  Family limited partnerships (FLPs) and family limited liability companies (LLCs) have been a mainstay of estate and related planning for decades. FLPs and […]

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Gifts under Powers of Attorney

WealthManagement.com Aug 19, 2015 Martin M. Shenkman  It’s common to include in a durable power of attorney (POA) the right for an agent (the person named to act on behalf […]

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Getting to Delaware

WealthManagement.com Sep 22, 2015 Martin M. Shenkman  In my prior article , I discussed trust friendly jurisdictions and compared Delaware and New Jersey. But while using a trust friendly jurisdiction […]

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Safe Powers of Attorney

WealthManagement.com Jul 30, 2015 Martin M. Shenkman  Powers of attorney (POAs) are one of the most basic and important estate planning documents. Even most nonprofessionals are well aware of what […]

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Unitrusts To the Rescue

WealthManagement.com Jul 01, 2015 Martin M. Shenkman  Sometimes, it can be incredibly useful to have another arrow in your planning quiver. Consider the following: • A trust is set up […]

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Psychological Issues of Bequests

Trusts & Estate’s Magazine July 2016 Stanley H. Teitelbaum & Martin M. Shenkman  In crafting an estate plan, many clients struggle with sleepless nights caused by wrenching emotional issues pertaining […]

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Estate and Tax Planning Roadmap for 2019-2020

Steve Leimberg’s Estate Planning Email Newsletter – Archive Message #2745 Date: 03-Sep-19 From: Steve Leimberg’s Estate Planning Newsletter Subject: Estate and Tax Planning Roadmap for 2019-2020: Martin M. Shenkman, Jonathan […]

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Estate and Tax Planning Roadmap for 2019-2020

Steve Leimberg’s Estate Planning Email Newsletter – Archive Message #2745 Date: 03-Sep-19 From: Steve Leimberg’s Estate Planning Newsletter Subject: Estate and Tax Planning Roadmap for 2019-2020: Martin M. Shenkman, Jonathan […]

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Catholic Estate Planning

WEALTH PLANNING>ESTATE PLANNING Catholic Considerations and Estate Planning Taking into account religious issues Martin M. Shenkman | Oct 01, 2015 Pope Francis recently concluded a 10-day tour de force in […]

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Disinheriting an Heir

Stanley H. Teitelbaum and Martin M. Shenkman, contributors for WealthManagement.com Give your client options to help deal with tough emotional issues. Disinheritance creates complicated issues for many families. There are […]

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Estate Planning Basics for Consumers

Free Consumer Webinar:  Consumer: Estate Planning Basics (for People Not Subject to Estate Tax) Course Description: This is a CONSUMER level course on basic estate planning. This course will help […]

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New Jersey Estate Tax to be Repealed

Steve Leimberg’s Estate Planning Email Newsletter – Archive Message #2467 Date: 19-Oct-16 From: Steve Leimberg’s Estate Planning Newsletter Subject: Martin M. Shenkman, Richard Greenberg & Glenn Henkel: The New Jersey […]

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Religion and Estate Planning

 Introduction   Showing sensitivity to a client’s religious concerns should be an integral component of estate planning. Religious goals can be achieved by integrating a client’s religious concerns into the […]

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Charitable Planning Tips

                                            ► Remainder Interest in Residence and Farms: Generally, a charitable deduction is not permitted for charitable gifts of less than a donor’s entire interest in property. IRC Sec. 170(a)(3). […]

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Christian Estate Planning

  By: Pastor Chris Edmondson and Martin M. Shenkman, Esq.   What is Estate Planning?   First, let’s define “estate planning” since it is commonly defined too narrowly. Estate planning […]

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A Symphony of Collaboration is the Key

Jonathan Clements wrote the following in a recent article in Financial Planning, “To Beat Robos, Stop Selling Fantasies,” Aug. 31, 2015, at http://www.financial-planning.com/news/technology/clements-to-beat-robos-stop-selling-fantasies-2694000-1.html?utm_medium=email&ET=financialplanning:e5051599:52149a:&utm_source=newsletter&utm_campaign=Aug%2031%202015-am_retirement_scan&st=email: “Many traditional advisors, of course, do far […]

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Safe Powers of Attorney

Introduction   Powers of attorney are one of the most basic and important estate planning documents. Even most nonprofessionals are well aware of what a power of attorney is and […]

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The New World of Estate Planning

Introduction   Estate planning is rapidly moving away from the historical focus on bypass trusts and saving estate taxes. While many professionals have rightfully focused considerable attention on income tax […]

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Unitrusts To the Rescue

Sometimes it can be incredibly useful to have another arrow in your planning quiver. Consider the following: A trust is set up to provide for your surviving spouse, your third […]

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Powers of Attorney: What You Must Know

Understand Your Power We’re talking financial concepts not Ayurvedic. You’re planning for retirement and what will hopefully be decades of exiting “later life” following. You coordinate your financial and estate […]

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