by Christine | May 1, 2014 | Estate Planning |
“I had this fear that wealth could dissolve the family and the business would disintegrate,” Mr. Wiener, 68, said. So he hired coaches and consultants, had family meetings and set up a family foundation — all with the goal of keeping his family together after he died....
by Christine | Apr 30, 2014 | Elder Law, Estate Planning, Inheritance |
Time, it seems, has healed past wounds enough to leave us remembering Grandpa Oscar with a smile. Very belatedly the violin has served its purpose. We can hold on to the memories and let go of the object. Family heirlooms seem to have special powers over the family....
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 25, 2014 | Corporation, Estate Planning, Small Business, Tax Planning |
For many years, when an individual outgrew a proprietorship, a corporation was the norm. Today, limited liability companies (LLCs) are popular. But despite the inroads of the LLC, corporations persist. But there are key differences between S and C status. If you own a...
by Christine | Apr 23, 2014 | Charitable Giving, Estate Planning, Estate Tax, LIfe Insurance |
There are several ways to donate a life insurance policy to charity, according to the Planned Giving Design Center, Monroe, NC. There are many advantages to life insurance as it can be a cushion against high-cost issues or a source of much-needed cash flow for your...
by Christine | Apr 22, 2014 | Alzheimer's, Dementia, Elder Law, Estate Planning |
Alzheimer’s patients live for years with diminished mental skills, which makes it crucial that they make decisions early on about how their care should proceed. Planning for one’s estate and for one’s late-in-life plans requires more than a bit of wherewithal. This is...
