by Christine | Mar 13, 2012 | Durable Power of Attorney For Finances, Estate Planning, Living Will |
There are many do-it-yourself power of attorney forms available; however, it is a good idea to have an attorney draft the form for you. There are many issues to consider and one size does not fit all. The internet has become an unprecedented tool for legal research...
by Christine | Mar 12, 2012 | Estate Planning, Estates, Wills |
Proper estate planning can address many of the legal issues created by posthumous conception. As to the rest, we can understand if the law of property succession has to put some limitations on how late the stork can get started. When science moves too fast for the law...
by Christine | Mar 9, 2012 | Depreciated Assets, Estate Planning, GRATs, Intentionally Defective Grantor Trust (IDGT), Trusts |
IDGTs and GRATs (along with many other income, gift and estate planning strategies) came under attack in the Obama Administration’s Fiscal Year 2013 Revenue Proposals (the “Green Book”) which, if enacted into law, could essentially eliminate the use of IDGTs and...
by Christine | Mar 8, 2012 | Business Ownership, Business Structure, Business Succession Planning, Estate Planning, Small Business |
In the early days of starting a business, you might be tempted to gloss over ownership structure, equity stakes, and other seemingly boring details. After all, you might think, as long as you keep taxes low, paperwork uncomplicated, and partners motivated, better to...
by Christine | Mar 5, 2012 | Estate Planning, Trusts, Wealth Transfer |
Despite the bitter economic downturn, one part of the American dream is alive and well: the possibility of sudden wealth… Yet such life-changing windfalls can just as quickly vanish, say advisers who work with those who suddenly become wealthy. If you are setting up...
by Christine | Feb 24, 2012 | Estate Planning |
If you're not running for president, and don't have to worry about public relations, what are the legitimate reasons for moving money offshore? Offshore accounts have been in the news recently and not without reason. For one thing, the IRS has been gunning for...