by Christine | Dec 7, 2012 | Estate Planning, Inheritance, Religion |
Some planners caution that being too restrictive in an estate plan in an effort to pass on religious values—say, disinheriting children who marry outside the faith—can create divisions within a family and spark extended, costly legal battles, all while failing to have...
by Christine | Dec 3, 2012 | Estate Planning, Parents, Retirement |
Adult children and their parents recognize the need to talk about inheritance, eldercare and retirement planning issues, but nearly one in two adult children do not feel like they’ve had sufficient conversations with their parents about these issues … Discussing...
by Christine | Nov 28, 2012 | Estate Planning, Will Contest |
One could only imagine what George Jefferson — the wise-cracking character who was “movin’ on up” on the 1970′s TV hit, The Jeffersons — would have said about this predicament. The body of actor Sherman Hemsley, who played George Jefferson, has been kept on ice...
by Christine | Nov 27, 2012 | Blended Families, Estate Planning, Trusts |
Numerous studies show a senior widower is much less likely to stay single than his female counterpart… [and that] often leaves the question of how the father can protect the children’s inheritance if there is a second wife in the picture. In that case, a trust may be...
by Christine | Nov 26, 2012 | 2012, Estate Planning, Gift Tax |
Everyone is talking about the importance of making big gifts in 2012, but the critical question for many, is how much can you realistically afford to gift without jeopardizing your own financial security? How much can you afford to gift now, with a possible resurgence...
by Christine | Nov 23, 2012 | Asset Protection, Estate Planning, Trusts |
“There is no such thing as asset protection,” said Jason Cain, head of the family wealth planning group in the central region for Credit Suisse Private Banking USA. “What there is is good business and estate planning that as a byproduct insulates your assets from...
