Estate and Trusts
The Weekly Scenario: Preparing Trusts When A Special Needs Child is Involved
Question: My attorney suggested a certain type of trust should be implemented for my special needs child. I’m not looking to complicate things and would prefer to leave my assets to my other children to take care of this child.
Read MoreThe Weekly Scenario: Concerns While Serving as Executor of Your Father’s Estate
Question: What should be my concerns in serving as Executor of my father’s estate?
Read MoreThe Weekly Scenario: What is the “Kiddie Tax”?
Question: What is the “Kiddie Tax”?
Read MoreDon’t Make the Same Mistake As Prince…
Prince was one of the most famous individuals of the 21st Century who seemed to have it all…except for one…
Read MoreWeekly Scenario: What Should I Do After Inheriting an IRA?
Question: I just inherited an IRA from my uncle. What should I do now?
Read MoreWeekly Scenario: Retirement Accounts and Life Insurance
Question: Can an individual retirement account, or IRA, own a life insurance policy?
Read MoreWeekly Scenario: Is There Flexibility in an Irrevocable Trust Fund?
Question: I would like to set aside funds in trust for my children. However, I worry about the future, which if nothing else, is unpredictable. How can I make an irrevocable trust a more flexible document?
Read MoreWeekly Scenario: Two Employers and Two Retirement Plans
Question: I work for two employers are am covered under retirement plans offered by both of my employers. Can I contribute the maximum salary deferral amount under both retirement plans?
Read MoreWeekly Scenario: What is the Generation Skipping Transfer Tax?
Question: What is the Generation Skipping Transfer tax?
Read MoreGoing Paperless: An Organizer’s Dream; An Estate Administrator’s Nightmare
Here is a sad, but true, story: The parents of a 35-year-old man who suddenly passed away retained a law…
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