July 30th, 2015
Introduction “I don’t need life insurance because of the high estate tax exemption so I cancelled my policies and distributed the cash in my trust to my spouse.” […]
July 22nd, 2015
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 […]
July 19th, 2015
Introduction Estate, financial and related planning must always be tailored to reflect each person’s unique circumstances, needs, goals and objectives. If you or a loved one have been diagnosed with […]
July 3rd, 2015
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 […]
June 28th, 2015
Background When a benefactor, say a parent, loans an heir, say a child, funds, historically that transfer would have generally been desirable to treat as a loan. If the […]
June 12th, 2015
This is the second article in a series of three articles intended to help trustees identify steps to be taken, and documents they might consider retaining, as part of the […]
June 7th, 2015
Trusts are ubiquitous in estate, tax, financial and asset protection planning. Everyone tends to be pretty focused on the decision process involved in creating a trust. However, clients and advisors […]
May 31st, 2015
Introduction Family limited partnerships (“FLPs”) and family limited liability companies (“LLCs”) have been a mainstay of estate and related planning for decades. FLPs and LLCs (collectively, “FLPs”) could have […]
May 28th, 2015
Many people facing the challenges of Parkinson’s disease, multiple sclerosis, or any one of a myriad of other chronic illnesses may need to cut back on work or retire early […]