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Latest Blog Posts

Estate Planning Is A Women's Issue - Estate Taxes

Posted on: September 16th, 2011
Deborah Jacobs recently authored an article in Forbes titled “Estate Planning for Women (And the Men who Love Them)”. Since [women] usually survive their spouses, women more often have the last word about how much wealth goes to family, charity or the taxman While important to both sexes, estate planning often affects women more profoundly. Women live longer on average and tend to marry older spouses, making them three times as likely as men to be widowed at 65. So for women, estate planning is a crucial part of retirement planning. ....

Amy Winehouse got her will right

Posted on: September 8th, 2011
The late Amy Winehouse was many things to many folks -- fabulous talent, an inspiration to Lady Gaga, an addict who couldn't quite shed her demons all come to mind. Add to that list: wise estate planner....

Planning for your children's education

Posted on: June 28th, 2011
One thing that caught my attention was a section dealing with the children of the sailors. In particular, it discussed how Eugene "Red" O'Brien, a wheelsman, encouraged his son to attend college and get an education by establishing a trust for his education....

It doesn't have to have monetary value to be important to your estate

Posted on: June 7th, 2011
Fundamentals of a “well-thought-out estate plan,” – whether prince or pauper....

Hiring a caregiver is trickier than you think

Posted on: May 25th, 2011
If you are hiring a caregiver for yourself or another loved one, you may be tempted to try to make the process as simple as possible by treating the caregiver as a "private contractor." ...

FINAL INSTRUCTIONS

Posted on: May 10th, 2011
Your “instruction manual” for your children or survivors should begin with the basics. First, do you have a Trust and Will? If so, have you written instructions for your kids (survivors) to follow at your death or disability? ...

Three Classic Estate Planning Blunders

Posted on: April 20th, 2011
Too often, estate plans fail. Here are the three most common reasons....

Financial Parenting Tips

Posted on: March 29th, 2011
Here are a few parental tips to help set the tone for your children and their approach to handling the money you provide....

Compensating Caregivers

Posted on: February 15th, 2011
Almost one in seven Americans looks after a disabled person age 50 or older. Many compensated and many not compensated, but it is a rapidly growing number (the number has jumped 28% since 2004). It’s an emerging situation that needs the compensation element to be formalized for many....

Filing for Bankruptcy: What Can You Protect?

Posted on: January 24th, 2011
With 1.6 million Americans expected to file for Bankruptcy this year, we know that at least these 1.6 million and very likely many more researching the bankruptcy option have been asking the same basic questions. “What can I protect?” “What will be left?”...

Taking Care of Parents - Pooled Trusts

Posted on: January 6th, 2011
The New York Times recently ran an outstanding article, detailing the basics of Pooled Trusts a means of caring for aging family members, while intelligently keeping the wolf away from the door.....

Congress Finally Acts -- Now What?

Posted on: December 20th, 2010
Congress finally passed and on December 17, 2010 President Obama signed into law the "Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010"...

The Tax "Deal" - the Forecast is Dark Clouds on the Horizon

Posted on: December 9th, 2010
There really are dark clouds on the horizon even if the "deal" is passed by Congress before the end of the month. The increase in the exemption is going to add billions of dollars to the federal deficit. ...

The Federal Estate Tax Lapsed for 2010

Posted on: December 7th, 2010
The federal estate tax lapsed for 2010, and barring no action by Congress it was scheduled to return on Jan. 1 with an exemption of $1 million per person and a maximum rate of 55 percent. I have good news to share with you....

NEWS FLASH: Yankees Beat the Miami Dolphins!

Posted on: November 29th, 2010
Yes I know, that's impossible. But the heirs of George Steinbrenner, who died recently at the age of 80, certainly came out ahead of the heirs of Joe Robbie, the former owner of the Miami Dolphins who died in 1990....

Benjamin Franklin does estate Planning

Posted on: November 10th, 2010
Benjamin Franklin was a very successful businessman. Starting with absolutely nothing, he built a substantial fortune. And he capped it off by demonstrating keen skills developing his estate plan....

Can a DIY Will cost you a bundle?

Posted on: October 6th, 2010
It is no surprise to encounter articles like the one in Forbes magazine raising concerns for those who save now on a Do-It-Yourself Will only to leave an expensive nightmare for their heirs....

Do It Yourself Estate Planning

Posted on: September 24th, 2010
Forbes Magazine’s September 7 issue had a thought provoking article on “Do It Yourself Wills”....

Disabled patients and Medicare

Posted on: September 15th, 2010
"More than 50 million people in the United States have disabilities, a number that is growing rapidly as the population ages. Experts say disability will soon affect the lives of most Americans."...

"Dragon Tattoo" Estate Drags On

Posted on: September 1st, 2010
Stieg Larsson, the author of the best selling novel "The Girl with the Dragon Tattoo", died in 2004 without a will. His heirs are still fighting it out with Larsson's live-in girlfriend of 32 years....