Estate and Trusts
The Weekly Scenario: Affirmatively Disinheriting A Child In My Estate Planning Documents
Question: If I affirmatively disinherit a child in my estate planning documents, can my child contest it? Answer: Anyone can file…
Read MoreThe Weekly Scenario: Roth IRA Vs. Traditional IRA
Question: What does a Roth IRA allow me to do that I can’t have in a Traditional IRA? Answer: Individual retirement…
Read MoreThe Weekly Scenario: What Is The Consequence of Over Funding My Roth IRA?
Question: What is the consequence of over funding my Roth IRA? Answer: There are many restrictions that come with Roth IRA…
Read MoreThe Weekly Scenario: Time Traveling IRS
Question: In general, how far can the IRS go back in time to audit your tax return? Answer: Traditionally, the statute…
Read MoreThe Weekly Scenario: What Is An Incentive Trust?
Question: What is an incentive trust? Answer: Incentive trusts are in large part what they sound like; namely, trusts that give…
Read MoreEstate Planning for Parents of Young Children: A Horror Story
(Just Kidding.) (Ok, 80% Kidding.) Congratulations! You have a baby on the way. You’ve shared the happy news with your…
Read MoreThe Weekly Scenario: Estate Planning For A Mobile Society
Question: Are there any estate planning considerations for a person who wishes to move and live overseas? Answer: We are…
Read MoreThe Weekly Scenario: What Are The Benefits of A “529” Plan?
Question: What are the benefits of a “529” plan? Answer: A 529 plan is an account used to save for educational costs.…
Read MoreThe Weekly Scenario: How to Prevent Family Fights Over Your Will
Question: How can I prevent my family, who doesn’t get along very well, from fighting over my Will? Answer: Beneficiaries who do…
Read MoreThe Estate Administration Checklist
As published in the October 2018 MACPA’S Statement By: Maurice Offit Everyone prepares lists – grocery lists, to-do lists and…
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