by Christine | Apr 29, 2014 | Elder Law, Estate Law |
“This time it’s not about the beginning of life or how babies are made. It’s about the end of life — yours — and the many issues and decisions that will confront you and your children.” Back when the kids were kids, it seemed like the “birds and the bees” talk was...
by Christine | Apr 28, 2014 | Estate Law, Estate Planning, Trusts |
NING, Ding, Grat. Ilit, Crat, Crut, Qtip. So what are these oddly named trusts and what do people who need them need to know? Ever been to a place where you don't understand the language? Learning a new language is no easy task. At least when it comes to French or...
by Christine | Apr 17, 2014 | Basis, Bequest, Estate Law, Estate Planning, Estate Tax, Gift Tax |
When it comes to estate planning, one of the primary goals is to transfer as much of a person's assets to their intended beneficiaries at the lowest cost or, in other words, by paying the least amount of tax. Giving your assets to your heirs is all about timing....
by Christine | Apr 4, 2014 | Budget, Estate Law |
Under the President’s plan, in 2018 the tax would revert to the rates that were in effect in 2009. Budget buzz is spreading across Capitol Hill. For example, did you know that President Obama's proposed budget is seeking a reduction of the estate tax exemption...
by Christine | Mar 31, 2014 | Estate Law, Estate Planning, Wills |
To keep your will from “going wrong,” avoid these common mistakes. The intention of creating a will is so that your wishes will be carried out when you are no longer here. It's a pretty powerful document, no doubt! So what happens if there is a mistake in the...
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...