by Christine | Jan 17, 2012 | Estate Planning, Trust Administration |
Who will manage your portfolio when you’re dead? Probably not the person or company you want. Spouses and loved ones rarely follow the investment instructions left behind by the money person in the family. Your portfolio can be thought of a machine, with many moving...
by Christine | Jan 13, 2012 | Caregivers & Caregiving, Estate Planning |
Nobody knows what is going to happen to the $5,000,000 exemption after 2012. It would seem that anybody, with significant net worth, who has not already used it, should seriously consider a 2012 mega gift. A family limited partnership allows the exclusion...
by Christine | Jan 11, 2012 | Elder Law, Estate Planning, Estate Tax |
“Most of the states are still in pretty poor shape, and if the economy doesn’t improve you might see more action by state legislatures seeking other sources of revenue,” says James Walschlager, an analyst with tax publisher CCH, a Wolters Kluwer business. Not all...
by Christine | Jan 10, 2012 | Elder Law, Estate Planning, Limited Conservatorships, Medi-Cal Long Term Care, Special Needs Trusts, Supplemental Security Income |
I just read a very interesting article in "The Voice" which is the newsletter of The Special Needs Alliance regarding using pooled trusts in estate planning written by a friend and fellow collegue, Stuart D. Zimring, an excellent...
by Christine | Jan 10, 2012 | Elder Law, Estate Planning, LIfe Insurance |
One billion dollars. That is the amount of money state regulators estimate is sitting on life insurers' books and owed as death benefits, some of it languishing there for decades. To make a broad but warranted generalization, life insurance companies generally...
by Christine | Jan 5, 2012 | Asset Protection, Estate Planning, Tax Planning |
The simple answers are usually painfully wrong, and the real art of asset protection is the exercise of considerable forethought as to how the structure will work under extreme duress, with creditors getting writs and orders so as to financially strangle the Debtor....
