by Christine | Mar 12, 2013 | Estate Planning, Inheritance |
The blessings of wealth can be yours, but they are not delivered on a silver platter. Counter intuitive as it may seem, you must work for them. But your hard work will yield ample rewards. As there seems to be two sides to every story, there tends to be two views on...
by Christine | Mar 8, 2013 | Corporate Structure, Estate Planning, Small Business |
NO family wants to build a business only to see it disappear when family members get tired of running it. But let’s face it, what that business really represents is a large majority of the family’s wealth. Business succession plans take a great deal of thought, as...
by Christine | Mar 7, 2013 | Estate Planning, Insurance, Small Business |
When it comes to the growing use of sophisticated wealth transfer mechanisms like trusts and limited liability companies by individuals, the details include complicated insurance considerations that must be expeditiously addressed. If not, the devil—in this case a...
by Christine | Mar 6, 2013 | Estate Planning, Retirement Planning, Roth IRA |
Seniors who convert a regular IRA into a Roth account can reduce their estate taxes and eliminate the income tax their heirs would otherwise have to pay on withdrawals taken from an inherited regular IRA. Seniors who convert a regular IRA into a Roth account can...
by Christine | Feb 28, 2013 | Estate Planning, Pope, Succession Planning |
Pope Benedict, 85, is reportedly the first pope to retire in almost 600 years, which made his decision all the more momentous. But since the pope believed his health issues were impacting his job, the decision seems relatively clear-cut. For the growing number of...
by Christine | Feb 26, 2013 | Estate Law, Estate Planning, Executor |
It is important for an executor to pay close attention to detail and engage in a careful, deliberative process. And remember that the best advice will come from an experienced and knowledgeable estate planning attorney. Scenario: You’ve been named the executor...
