Trusts and Problems to Avoid (Part 2)
So , You get it! You set up a Trust and understand the benefits of the Trusts. Now what? Let's talk about 9 Problems To Avoid with Your Trust. This is second part of my blog Trust and Problems. It…
So , You get it! You set up a Trust and understand the benefits of the Trusts. Now what? Let's talk about 9 Problems To Avoid with Your Trust. This is second part of my blog Trust and Problems. It…
New York may be a great place to live, but it can be an expensive place to die. Now, thanks to some significant revisions to some of New York’s outdated tax laws, the State has become a more attractive place…
9 Problems To Avoid with Your Trust It has been several years since you signed and funded your Living Trust to avoid probate. All seems ok but is it really? #1 Have you funded your trust properly? If you do not…
The number of people in the United States with special needs has grown significantly in recent decades as a result of technology and medical advances. This increase has created concerns for the care for the members of this population. The…
The death of actor Philip Seymour Hoffman is truly a great loss to the entertainment world, and a tragedy for the talented actor’s family and friends. Like the sudden and tragic death of actor James Gandolfini, estate planning lessons can…
When most people think of creating an estate plan, they think of legal and financial documents that provide for the transfer of their material wealth – the contents of their bank accounts, their home, and personal property. But some of…
In today's world, as an estate planner we are seeing more clients interested in Prenuptial Agreements. Here are a few thoughts to consider: YOU DON'T HAVE TO BE RICH TO HAVE ONE Those days are over. Yes, us ordinary folk can and…
Use no-contest clauses properly. Jack was very unhappy with his daughter, Carol. She had no interest in being part of Jack's life and in fact, refused to let her father see her children (his grandchildren). So, Jack, with regret, decided to leave…
"It ain’t over til it’s over"– The great Yogi Berra, who has a tendency towards malapropism and fracturing the English language. So when you come to a fork in the road, take it. Well, we all know the best way to…
On February 5th, I discussed whether you have taken steps to protect your family and your assets in case you should pass away. A topic no one likes to think about. I outlined the first five steps. Now that you…