Estate Planning – Divorce, Remarriage, and Blended Families
Divorce is a reality in today’s world. Numerous studies indicate that 50% of marriages will end in divorce. Of course, many divorced individuals go on to remarry. And, of those ...
My Father Died Without a Will. Now What?
It is estimated that, annually, over 50% of adults in the United States die without a Will. Fortunately, state laws are in place to handle such occurrences. Our February 14, ...
My Father Just Passed Away. When is the “Reading of the Death Will?”
We’ve all seen the movie. A relative passes away, and the surviving loved ones silently sit in an office as the attorney for the deceased reads the “Last Will and ...
I’m Named in the Will. What Do I Do?
Question: My aunt passed away a month ago and my cousin, her daughter, seems to be in charge. I think my aunt left me some money, but my cousin has ...
Estate Planning – Don’t Forget The Basic Stuff
Getting your estate in order requires careful attention to details. Are you going to leave your assets outright to your wife and/or children or does establishing Trusts make more sense? ...
The New Federal Tax Law – Good News for Lifetime Gifting and Your Estate!
This third installment in our series concerns the new federal tax law (signed into law in January 2013) as it applies to taxes on gifting and estates. In summary, the new law ...
The New Federal Tax Law – What it Means to You!
On January 3, 2013, President Obama signed into law The American Taxpayer Relief Act of 2012. This new law, which went into effect in 2013, establishes a set of permanent ...
Hurricane Sandy and Planning Ahead
Hurricane Sandy has been a very harsh reminder that life can change in an instant, and that the unexpected can bring great difficulty and tragedy. Flooding, massive power outages, destruction ...
Long-Term Care Planning – The Time is Now!
The United States is experiencing very rapid growth in its “senior” population. Many of us will live long, healthy lives. However, at some point, we may no longer be able ...
Special Needs Children – Special Divorce Considerations
It is estimated that the divorce rate for parents with special needs children is between 80% to 90%, a staggering number. Under the best of circumstances, divorce, when it involves ...