by Christine | Sep 20, 2013 | Business Sale, Estate Planning, Retirement, Small Business |
Every year, I used to get together with a client who was a business owner, and every year I would ask him, “Bruce, have you told your guys that you want them to buy the business?” He had a plan that he would eventually sell his contracting business to his senior...
by Christine | Sep 19, 2013 | Business Succession Planning, Family Business, Small Business |
There any many reasons why patriarchs and matriarchs often have great difficulty letting go of the power and ownership of the family business. These may include (as with Queen Elizabeth) a fierce sense of duty, intense popularity, deep familiarity with the business, a...
by Christine | Sep 18, 2013 | Elder Law, Estate Law, Foreign Retirement, Retirement, Retirement Abroad |
A U.S. tax crackdown is coming for foreign retirement plans. While many retirees choose to spend their golden years close to home, others are opting to spend their retirement abroad in a foreign country. Unfortunately, a “foreign” retirement may attract troubling...
by Christine | Sep 17, 2013 | Uncategorized |
Take steps to ensure that the money you inherit will last and help you meet your major financial objectives. Inheritance planning involves several tough decisions for the "giver" in the equation. Who shall get an inheritance? How much should be given? Lots...
by Christine | Sep 16, 2013 | Estate Law, Fertility Treatment, Inheritance, Posthumously Born Heir |
The law is clear on one thing: when a trust document does not address the issue, Ms. Klein said, “children born with the new technology are entitled to inherit with the same rights as a natural-born child.” Planning an inheritance? Just when you feel...
by Christine | Sep 13, 2013 | Elder Law, Estate Law, Retirement, State Law |
If you're thinking of relocating, compare the taxes in potential retirement states to those in your current state. Wherever you retire, you may be eligible for senior-related breaks on retirement income, property taxes and sales taxes. Where do you want to spend...
by Christine | Sep 12, 2013 | Advanced Health Care Directive, Elder Law, End of Life Decisions |
The new tool, developed by researchers from Italy’s University of Milan, could provide doctors with a more objective method that gauges the complexity of a patient’s consciousness. Advances in brain science keep us informed and help us better understand how...
by Christine | Sep 11, 2013 | Elder Care, Elder Law |
The number of adults caring for someone with a serious health problem is on the rise and is likely to continue growing as the population ages. It is not uncommon for someone to take on the task of caring for an aging parent or relative in their elderly years....
by Christine | Sep 10, 2013 | Asset Protection, Divorce, Estate Law, Retirement |
… Men and women who find themselves suddenly single in midlife need to plan carefully and make thoughtful decisions about such things as how to divide up assets and the best ways to handle the money they’ll receive. Divorce is messy. Period. This is especially true...
by Christine | Sep 9, 2013 | Art, Bequeath, Charitable Giving, Gift Law, IRS, Taxes |
The purpose of the panel meetings is to discuss and make recommendations regarding the acceptability of taxpayers’ appraisals of works-of-art. If the Panel recommends rejection of a taxpayer’s appraisal, it may also recommend a different valuation, the securing of...
