by Christine | Oct 23, 2013 | Alzheimer's, Dementia, Elder Law, Estate Planning |
"Family members are already on emotional overload—adding a financial and legal decision aspect to what they're already going through is enormous," said Carol Steinberg, president of Alzheimer's Foundation of America, a national nonprofit focused on...
by Christine | Oct 16, 2013 | Digital Assets, Digital Estate Planning, Estate Planning |
… Even people who think they've ticked off all of the usual boxes on their estate-planning to-do lists may have overlooked an increasingly important component of the process: ensuring the proper management and orderly transfer of their digital assets after...
by Christine | Oct 15, 2013 | Charitable Giving, Estate Planning, Legacy |
Cultivating a family legacy is not that different from tending a garden: land with poor prospects, at first glance, has to be coaxed over time –patiently and carefully–until it has a fertile life of its own. Case in point: The Morris family of Pennsylvania, which...
by Christine | Oct 14, 2013 | Estate Planning, Valuation |
“My husband and I own a law firm, and part of the appeal of our law firm is us,” said Kelly Phillips Erb, a lawyer outside Philadelphia who has blogged on the tax matters related to the Jackson estate. “If we’re not around the next day, the value of the firm isn’t...
by Christine | Oct 11, 2013 | Estate Planning, Estate Tax, Estates, Trusts |
Many trusts were set up over the years to help protect wealth from estate taxes. But the federal estate-tax exemption has risen steadily in recent years, to $5.25 million, or $10.5 million for couples, from $1 million in 2003. This year, Congress made the exemption...
by Christine | Oct 10, 2013 | Estate Planning, Roth IRA |
In most situations, you can leave your Roth IRA to anyone you please simply by designating them as beneficiary. While it is perfectly legal to leave retirement accounts to a minor, doing so can create some complications. IRAs aren't just retirement tools, they are...
