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6 Apr 2016, 12:14 pm
In Matter of Bonanno, decided by Queens Surrogate Peter Kelly on February 2, 2016, the decedent’s Will contained a provision whereby the decedent gave her house to her four children but then directed that the house not be sold during the time when any single and unmarried child resided in the property. [read post]
6 Apr 2016, 5:00 am
Maybe a couple has just had their first child and are curious about Estate Planning, or an adult child’s parent suddenly needs long-term care. [read post]
5 Apr 2016, 7:34 am
D., IN RE: THE MATTER OF TERMINATION OF PARENTAL RIGHTS FOR THE PROPOSED ADOPTION OF A MINOR CHILD, Appellee. 1st District. [read post]
4 Apr 2016, 8:22 pm
It used to be the case that an UGMA account typically held cash, securities, bonds and other assets easily converted to cash while an UTMA held other types of property like real estate; the terms are now generally used interchangeably, depending on state law. [read post]
4 Apr 2016, 6:32 pm
When done properly, there’s no harm, no foul: I’ve worked to establish offshore accounts for clients who had legitimate concerns about asset protection or estate planning. [read post]
4 Apr 2016, 10:07 am
Hence no one trusts The Fifth Estate or its supervision of the political and governmental process. [read post]
4 Apr 2016, 9:23 am
Transfer taxes are imposed on each generation (parent to child, child to grandchild), and even transfers that skip a generation (grandparent to grandchild) are covered by a special generation-skipping transfer (GST) tax. [read post]
3 Apr 2016, 11:01 am
., families in which each child will inherit less than $3 million to $5 million, and the class in which there is often one “family property” rather than several that can be parceled out “one to each child”) are characterized by volatility. [read post]
3 Apr 2016, 11:01 am
., families in which each child will inherit less than $3 million to $5 million, and the class in which there is often one “family property” rather than several that can be parceled out “one to each child”) are characterized by volatility. [read post]
3 Apr 2016, 11:01 am
., families in which each child will inherit less than $3 million to $5 million, and the class in which there is often one “family property” rather than several that can be parceled out “one to each child”) are characterized by volatility. [read post]
3 Apr 2016, 11:01 am
., families in which each child will inherit less than $3 million to $5 million, and the class in which there is often one “family property” rather than several that can be parceled out “one to each child”) are characterized by volatility. [read post]
1 Apr 2016, 9:45 am
As far as a minor child, child custody issues are the same whether or not you are married, as the courts make decisions based upon the best interest of the child. [read post]
31 Mar 2016, 5:05 pm
Frank Gehry began life as Frank Goldberg, a child of Jewish parents living in Toronto. [read post]
30 Mar 2016, 3:12 pm
Multiple children can complicate your estate planning. [read post]
30 Mar 2016, 5:52 am
The birth of a new child may have occurred since the last time the estate plan was done, or you may now have an elderly relative in your care. [read post]
29 Mar 2016, 6:30 am
The next $1,050 is taxed at the child's rate. [read post]
28 Mar 2016, 8:04 pm
Testators are free to exclude from their estate children who are not dependents. [read post]
28 Mar 2016, 9:45 am
Understanding the basics of personal finance at a young age can help set up a child for future financial success and independence. [read post]
28 Mar 2016, 9:05 am
These are call “primary beneficiaries” and include the “wife, husband, parent, and child of the deceased person. [read post]
27 Mar 2016, 6:00 pm
These plans allow a parent, grandparent – or really anyone – to transfer money into an investment account which is established for the benefit of a child, to be used for that child’s college expenses. [read post]
