by Christine | Jul 11, 2012 | Durable Power of Attorney For Finances, Estate Planning, Trusts |
What is a Durable Power of Attorney? Why Do I Need One? A durable power of attorney (DPA) is a written instrument in which one person (the principal) appoints another person or persons (the...
by Christine | Jun 12, 2012 | Estate Planning, Inheritance, Trusts |
F. Scott Fitzgerald observed that the rich are different, but that does not mean an heiress can adopt her 65-year-old ex-husband to increase her family's claim to a billion dollar inheritance. You can pick your husband and, if you adopt, you can even pick your...
by Christine | Jun 6, 2012 | Asset Protection, Estate Planning, Trusts |
Executive-liability insurance is often the first line of financial defense for executives and directors caught up in litigation such as investor lawsuits. For others without such coverage, asset-protection trusts are the way many insulate their wealth from claims....
by Christine | May 16, 2012 | Estate Planning, Trusts |
Traditional estate planning can be problematic when dealing with firearms. The documents used to manage your bank accounts often instruct people to violate laws that pertain to the transfer, possession, and use of firearms. A Gun Trust is an estate planning document...
by Christine | May 14, 2012 | Alzheimer's, Dementia, Elder Law, Estate Planning, Living Will, Medical Directives, Trusts |
ELDER LAW Increasingly, I see many clients experiencing and living with elderly parents who are grappling with memory loss and finding it difficult to manage their finances. And most of them, I'm learning, are making the same mistake: they're waiting too...
by Christine | May 4, 2012 | Dynasty Trust, Estate Planning, Generation Skipping Trust, Trusts |
Generation-skipping trusts, also known as dynasty trusts, are designed primarily to avoid estate taxes each time one generation transfers wealth to the next generation. For a number of reasons, the government seems to think that family wealth ought to pass from one...
