by Christine | Mar 27, 2014 | Uncategorized |
Beware of these not-so-obvious expenses associated with executing a will. Choosing an executor of your estate involves great thought and a lot of planning. After all, their responsibility to settle your estate is not an easy task. In addition to the big task at hand,...
by Christine | Mar 21, 2014 | Estate Law, Estate Tax, State Law |
New York’s governor, Andrew M. Cuomo, took a step toward bringing the state’s estate tax in line with the federal one. And he is not alone among governors of cold-weather states (along with the District of Columbia) that have realized affluent residents are moving to...
by Christine | Mar 19, 2014 | Charitable Giving, Individual Retirement Accounts (IRA), Required Minimum Distribution (RMD), Retirement |
You were so helpful to me in September, clarifying the IRA charitable contribution. Do you know if the government is instituting that same contribution this year? We are well into tax season and planning for the upcoming year. Are you keeping up with the tax laws? As...
by Christine | Mar 18, 2014 | Estate Planning, Individual Retirement Accounts (IRA), Trusts |
Whichever way you pass on your retirement account assets, leaving an IRA can provide a grandchild with a significant financial foundation. Think of an IRA as a potentially powerful estate planning tool. Properly structured, an IRA may transfer wealth to younger...
by Christine | Mar 17, 2014 | Estate Planning, Inheritance |
Children almost always interpret unequal inheritances as an expression of unequal love, Witt told her clients, and giving one child more than another may make them feel slighted and angry. When planning to pass on your estate, you may feel like all will be fine as...
