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30 Aug 2013, 5:00 am
FlynnYesterday, in the wake of the momentous SCOTUS decision in June striking down DOMA as unconstitutional, the all-powerful Internal Revenue Service formally announced recognition of same-sex marriages for all income, gift and estate tax purposes. [read post]
12 May 2015, 12:59 pm
For smaller estates and parent-child issues, and even for more complicated estates, younger, less-expensive attorneys can be fully capable of providing quality representation for you. [read post]
28 Nov 2012, 2:00 am
” In the estates context, claims for support by adult children against a deceased parent's estate are governed by Part V of the Succession Law Reform Act. [read post]
8 Sep 2014, 3:22 pm
Estate of Friscia v. [read post]
10 Apr 2013, 1:13 pm
In this case, an unhappy child might decide to sue, claiming that your POD designation was the result of your friend's undue influence over you. [read post]
26 May 2020, 4:50 pm
I should mention that this case had two variables which portend litigation, a step-parent/step-child relationship and a holographic will. [read post]
22 Jul 2014, 10:25 am
At the time of their marriage, the husband had his own real estate development company and later, the couple created a jointly owned real estate company as well. [read post]
6 Aug 2015, 3:43 pm
Two years after he retired, he composed a will that provided $10,000 to one child and left the rest of the estate in trust to the other two children in equal parts, if his wife pre-deceased him. [read post]
29 Nov 2012, 2:00 am
” In the estates context, claims for support by adult children against a deceased parent's estate are governed by Part V of the Succession Law Reform Act. [read post]
28 Oct 2015, 1:52 pm
Likewise, the adoptive parents have a claim concerning their adoptive child's wrongful death. [read post]
30 Aug 2012, 12:01 pm
However, the parent’s estate (and the child’s inheritance) saves nearly $2,000,000 in tax, assuming a 40% rate.Another consideration is that while a lifetime transfer will avoid a large gift tax bill, if the parent passes away during the next three years, the transfer would be pulled into his gross estate for estate tax purposes, essentially undoing the purpose of the lifetime gift.Waiting until the time the parent passes away to transfer the… [read post]
11 Jun 2025, 12:34 pm
Disputes Among Heirs or Beneficiaries Tensions among family members often flare during probate, especially when: Siblings feel the estate is being divided unfairly One child received lifetime gifts that others did not Heirs disagree on how to handle inherited property (e.g., sell vs. keep) Someone is excluded from the will and wants to challenge it In blended families, estranged relatives, or situations with stepchildren, conflicts can escalate quickly. [read post]
29 Aug 2015, 2:00 am
For somebody in a short marriage with no children, no real estate and no investments, the process might operate in their best interests and save them some money. [read post]
4 May 2012, 6:30 am
Perhaps no recent taxpayer victory is more important to estate and gift tax planning than the case of Wandry v. [read post]
30 Jul 2015, 12:05 pm
The mother’s will left her property to all three children and the murdered child died intestate, or without a will, and thus the estate would pass to the slayer and the third sibling. [read post]
6 Jan 2025, 9:00 am
This legal right ensures that guardianship decisions align with the best interests of the child, even as circumstances evolve. [read post]
29 Oct 2020, 1:25 pm
If you have children and a spouse, your spouse is entitled to either one-third of your estate, or a child’s share, whichever is greater. [read post]
14 Feb 2025, 11:29 am
Since no legal document names a preferred guardian, the decision is left to a judge, who will consider the child’s best interests. [read post]
14 Feb 2025, 11:29 am
Since no legal document names a preferred guardian, the decision is left to a judge, who will consider the child’s best interests. [read post]
27 Feb 2012, 8:23 am
Another common situation that may result in an equitable interest is a child’s vehicle. [read post]
