by Christine | Jul 15, 2013 | Uncategorized |
“The whole issue of measuring and metrics and trying to have impact data is, I think, a very contemporary part of philanthropy,” said Thomas E. K. Cerruti, former personal lawyer to Sam Skaggs, a billionaire philanthropist who made his fortune in supermarkets and...
by Christine | Jul 12, 2013 | Estate Law, Gift Tax |
Here is some background on what is known as the "annual gift-tax exclusion." You can give away as much as $14,000 this year to anyone you want—or to each of as many people as you wish—without any tax considerations or burdensome paperwork. The recipient can...
by Christine | Jul 11, 2013 | Uncategorized |
In 2012, I earned only $25,000, but I have $300,000 in stocks. I have individual health insurance. Will I be ineligible for a subsidy beginning in January because I am presently insured, or because I have large assets? If you have not heard, there still are many...
by Christine | Jul 10, 2013 | Digital Estate Planning, Estate Planning |
A number of services can help with digital estate planning by designating password recipients or deleting accounts or files when you die. But communication and privacy laws have yet to catch up with technology. Planning for digital assets is becoming more and more...
by Christine | Jul 9, 2013 | Estate Law, Estate Planning, Trusts |
When Juliann Reynolds' husband died of cancer in 1992, she had to decide how to plan her own estate … Reynolds is one of a growing number of parents who are requiring their heirs to wait until they are older before they can collect their inheritances. When...
by Christine | Jul 8, 2013 | Uncategorized |
There is a lot of research to inform us that as an aging parent develops dementia, their financial decision-making capacity erodes early on. At the same time, a parent can be quite appropriate socially and appear “fine”. A case at AgingParents.com involved a...
by Christine | Jul 5, 2013 | Uncategorized |
Despite slow economic growth of 1.8% and a high unemployment rate of 9%, there were signs of optimism in the economy that helped to boost donations. Amazingly, despite tough economic times in 2012, Americans actually increased their charitable giving. Since charity is...
by Christine | Jul 4, 2013 | Estate Planning, Family Planning, Succession Planning |
If you run a family business, you probably already know research indicates family-owned businesses tend to have better long-term financial performance than their counterparts that aren’t run by blood relations. And you’re probably well aware infighting among family...
by Christine | Jul 3, 2013 | Estate Planning, Trusts |
Americans were once trust-happy. Now many are having second thoughts, and rightly so. How irrevocable is the so-called irrevocable trust? Well, many people are ready to find out as they consider changes to their trusts now that ATRA 2012 is in the mix. Forbes recently...
by Christine | Jul 2, 2013 | Estate Law, Estate Planning, Gift, Gift Tax |
It’s a great idea to try to make a difference for your child while you’re here to see the process unfold – it could be one of your most gratifying life moments. Just take your time, think through your approach carefully and don’t do it alone. When you plan for your...
