A Team Approach to Financial Security
A successful estate plan is built on the collaboration of several professions working together to ensure that your goals and wishes are properly implemented. Your team should include a CPA, ...
New York Holographic Wills Made by Military Personnel
A holographic will is one which is entirely written in the handwriting of the testator (the person making the will). A holographic does not have to meet all of the ...
New York State vs. Federal Tax Laws in Estate Planning
Every state has unique laws for estates which determine distribution and state taxes. The federal tax laws and state tax laws have in many areas different exemptions and requirements. Same ...
Estate Tax Philosophies of the 2012 Presidential Candidates
The current estate, gift and generation skipping transfer tax laws are set to expire at the end of 2012. The President and Congress will have to decide whether they extend ...
Politics and Estate Taxes
Estate Taxes Change with New White House Administration With each new administration in the White House and new Congress there are new tax laws and changed agendas. In 1937 whenAmerica’s ...
New Jersey Civil Union Partners Exempt from Transfer Inheritance Tax
Each state has its own laws relating to estates and each state imposes different taxes. In New Jersey there is a transfer inheritance tax on transfers of property having a ...
The Will: Family Secrets Revealed
There is a television program airing on Oprah Winfrey’s new network called “The Will: Family Secrets Revealed”. The title alone should inspire people to get their estate plans in order ...
Estate Litigation can be Complex
The Hadley case inRhode Islandwhich was decided in 2005 is a well-known case for good intentions gone awry in estate planning. Art Hadley created a trust for his adult children ...
Lawsuits Filed Against an Estate
In our last post we discussed people who make claims against an estate as a beneficiary. It is also possible for a lawsuit to be filed against an estate. Lawsuits ...
What is a Claim against an Estate?
Claims Made Against Estates When someone claims an asset in an estate belongs to him/her but it is not left to him/her in the will or any trust document, he/she ...