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5 Feb 2018, 9:50 am
Another option is to elect to “never” distribute assets by designating a child as the trustee of the trust at a specific age and giving her the authority to make distributions to herself, without inheriting the entire estate and paying estate taxes. [read post]
27 Jan 2010, 1:32 pm
Vanarelli, Esq. just publisehd a very important blog post: Federal Estate Tax Repealed, But “Carryover Basis” Rules Instituted, In 2010. [read post]
13 Aug 2010, 12:35 pm
A child can predecease the parent; the policy can be attached and liquidated by a child's creditors; the policy could be considered as the child's property in the event of a divorce; one child may refuse to pay the premiums or may wish to borrow the cash value. [read post]
7 Jan 2016, 12:57 pm
Many people are under the impression that, in the event of catastrophic illness or injury, a live-in partner, or child can automatically act for them. [read post]
13 Jul 2012, 2:00 am
No matter how small the estate, the executor must inventory the estate’s property; pay the decedent’s debts; collect any debts owed to the estate; file and pay estate, gift, and income taxes; and file annual accountings each year until the estate is closed. [read post]
10 Jun 2018, 3:53 am
That person would be a guardian of the estate or a trustee, but not guardian of the children. [read post]
15 Aug 2013, 7:00 am
A recent article outlines several estate planning lessons that people should learn from Gandolfini’s will. [read post]
18 Jul 2019, 1:06 pm
Instead, they simply appoint a spouse, adult child, or family member and move on to the next decision. [read post]
8 Oct 2012, 11:23 am
You will probably be awarded what is considered a fair and equitable division of the marital estate and you will probably be awarded or ordered to pay guideline child support. [read post]
13 Feb 2015, 11:00 am
Marriage, birth of child, divorce, re-marriage, child adoption, a new job—all of these life events and many more should motivate you to consider the thoroughness and current condition of your will preparation and beneficiary designations. [read post]
5 Aug 2014, 9:17 am
If you are the parent of a dependent child, you should consider the matter of guardianship when you are planning your estate. [read post]
13 Jan 2023, 7:59 am
Furthermore, your trustee may decide to distribute assets within the trust to help your adult child start their own business. [read post]
4 Jan 2016, 12:29 pm
The Rules of Professional Conduct permit an attorney to serve as Executor of an estate. [read post]
3 Mar 2010, 6:52 am
Memorandums can be especially helpful if you have a special needs child or are the caretaker of an elderly parent. [read post]
5 Feb 2018, 1:00 am
However, after his untimely death in 2016 from an accidental overdose of painkillers, he became the poster child for why you need estate planning in Minnesota.The late pop superstar amassed a fortune "estimated in the hundreds of millions of dollars" but apparently died leaving will. [read post]
16 May 2008, 3:52 am
For a discussion of how Matilda could be entitled to his entire estate... [read post]
12 Jan 2010, 5:29 am
How do you prove a person was influenced to make a change to their estate plan and it was not an independent decision? [read post]
23 Oct 2018, 4:13 am
A Minneapolis Estate Planning Lawyer Stresses the Need for LGBT Couples to Complete Their Adoptions NOW!!! [read post]
22 Jan 2020, 6:58 am
I’ve seen people try to transfer ownership to a child through a Will, for the child to find out that transfer wasn’t allowed in the Operating Agreement. [read post]
5 Jan 2016, 8:50 am
The Administrator is required by NJ law to initiate a child support enforcement order for any beneficiary receiving in excess of $2,000.00, prior to distribution of any money to the beneficiary. [read post]
