by Christine | Oct 12, 2012 | Asset Protection, Corporate Formation, Small Business |
How you go about handling the situation [of a business partnership split-up] can mean the difference between an amicable split, where you run the business as you see fit, and a messy divorce, in which you wind up losing money, clients, resources or other critical...
by Christine | Oct 11, 2012 | Estate Law, Estate Planning, Trusts |
Romney’s [estate planning] vehicle is known as an “intentionally defective grantor trust” or by the acronym IDGT — hence the nickname: “I Dig It.” Such trusts permit donors to give potentially unlimited amounts to children free of estate and gift taxes. All...
by Christine | Oct 10, 2012 | Estate Planning, Estate Tax |
Should the current estate tax law expire at year-end without Congressional action, nearly 15 million U.S. households will have a potential estate tax liability, according to new research. Will the Bush-era tax laws expire after December 31, 2012? To expire or not to...
by Christine | Oct 10, 2012 | Elder Law |
Lots of families have one: a family freeloader. The adult child who still gets money from parents each month to make it… What brings this to a crisis point is that a parent’s health fails or a parent passes away. Then what? What happens when a family has...
by Christine | Oct 8, 2012 | Estate Law, Estate Planning |
A majority of families wealthy enough to have their own financial offices may have estate plans that are sorely out of date, according to a survey by Rothstein Kass, a leading national professional services firm providing accounting, auditing and tax services. An...
