Some of these articles have been written by our law firm and other articles are written by the American Academy of Estate Planning Attorneys and compliments of our law firm. Any feedback or questions about the articles can be addressed by contacting our office.
Choosing the right life insurance policy can ease the worries of those with a terminal illness. It can eliminate the financial distractions so that a families can focus on the well-being and comfort of a loved one.
We always hear that planning is crucial. No truer is that sentiment than when it comes to caring for our aging parents. Proper planning can mean the difference of an enjoyable retirement or one that’s riddled with problems.
Your Independence, Rising Medical Costs and Retirement Compliments of Our Law Firm, Written By: The American Academy of Estate Planning Attorneys Many of us believe we have the “planning for the future” space covered. We’ve worked hard and saved. Our homes are paid off by the time we go into retirement and as far as ... Read more
The Risk of No Contest Clauses Compliments of Our Law Firm, Written By: The American Academy of Estate Planning Attorneys When renowned fashion designer Oscar de la Renta died in late 2014, the assumption of many was his son, widow and her three children would receive similar – if not equal – inheritances. Instead, the ... Read more
Estate Planning When You’re Child Free Compliments of Our Law Firm, Written By: The American Academy of Estate Planning Attorneys Between 1980 and 2010, the number of women over the age of 40 who opted to forego motherhood doubled from 10 percent to 20 percent. That trend is expected to continue. The reasons for remaining ... Read more
Incorporate gifting to your loved ones as a way of reducing your overall annual tax burden, but be sure you do it in such a way that it maximizes your goals.
For many, one of the most complicated and awkward conversations is likely a discussion around funerals. Preplanning for a funeral can be the ideal opportunity to start a conversation, and if you’re a Medicaid recipient, it’s even more important.
For most families, especially those with considerable assets, gifting is a great way to reduce their taxable estate while providing even greater benefits for minor children.
Odds are many of us have heard of the federal gift tax; however it’s not something most Americans face and here’s why.