by Christine | Apr 11, 2012 | Estate Planning, Inheritance, Probate, Wills |
Brooke Astor’s only son saw his inheritance slashed in half and had his control of the estate’s powerful charitable contributions stripped away as part of a settlement that ended a bitter, five-year dispute over the family’s millions. One of the more public and famous...
by Christine | Nov 3, 2011 | Elder Law, Estate Planning, Medi-Cal Long Term Care, Probate, Trust Administration |
Social Security recipients will get a cost-of-living adjustment of 3.6 percent in 2012, a welcome boost after two years of no increase. Although it’s been two years since Social Security beneficiaries saw some additional respite from rising inflation, finally we’ll...
by Christine | Sep 26, 2011 | Probate |
Being asked by friends or family to be executor of an estate is a big honor, but the warm feelings can vanish once the job starts. Choosing an executor can be a difficult task, and in no small part this is because it means finding someone you trust to do as you would...
by Christine | Sep 22, 2011 | Probate, Tax Planning |
If you’re an executor for someone who died in 2010, mark your calendar for January 17, 2012. That’s the new date by which you must now file a key federal tax form. If your last name is “Steinbrenner,” or you also are the heir to the estate of a decedent who passed in...
by Christine | Aug 18, 2011 | Probate, Trust Administration |
On August 5, 2011, the IRS published long-awaited guidance for executors of estates of people who died in 2010. Notice 2011-66 explains how these executors can opt out of the estate tax, and Revenue Procedure 2011-41 explains the special tax rules that apply to assets...
by Christine | Jun 27, 2011 | Probate |
So in the case of choosing an executor, who should get the job, what are the fees and what should you expect? There are a few things to consider when answering these questions. There are a number of decisions to be reached when planning for your estate and not least...
