by Christine | Jan 30, 2012 | Advanced Health Care Directive, Conservatorships, Durable Power of Attorney For Finances, Elder Law, Estate Planning, Guardianships, Trusts |
I am often asked "When do I need to amend or revise my estate planning documents?" I recommend that if any of the following events occur, you should review the potential effect of such event on your estate planning documents, your plan of disposition, and...
by Christine | Jan 24, 2012 | Estate Planning, Estate Tax |
Tax changes that President Barack Obama and Congress hammered out in the final days of 2010 discouraged clients from seeking estate-planning advice last year, even though estate lawyers argue there are many planning opportunities that shouldn't be missed. Don’t be...
by Christine | Jan 18, 2012 | Estate Planning, Qualified Personal Residence Trust (QPRT) |
Is there a way to hand off a vacation home to the next generation so that everyone still wants to spend time together there? As we head into the dreary remainder of winter, a few lucky readers and their families might just have a vacation somewhere warm in the works....
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...
