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24 May 2015, 10:02 am
Dad is self-employed in the family business and owns 45% of two companies with significant real-estate holdings. [read post]
23 May 2015, 2:35 pm
This may make particular sense for families that need to control growth of taxable estates, to avoid loss of wealth to estate taxes. [read post]
22 May 2015, 5:50 pm
A New York Estate Lawyer said the Court construes the will as creating a single trust of his entire net estate, both real and personal, to be held until the youngest child, AB, becomes 22 years of age, to wit, July 29, 1960, or his earlier death. [read post]
22 May 2015, 12:42 pm
In the absence of having those rights as a spouse, having the more limited rights of next-of-kin or child was the next best option. [read post]
22 May 2015, 9:30 am
This can be your spouse, an adult child, a friend, or a trusted adviser. [read post]
22 May 2015, 9:23 am
Tax Law Changes Can Affect Your Estate Plan Proper estate planning should always consider estate and gift tax rules. [read post]
22 May 2015, 6:43 am
First, it discourages us from enquiring into the past, into the roots and evolution of the law on domestic relations, for example, or the delightful but sadly defunct matrimonial torts, and from seeking to decipher the meaning of important statutory passages such as this: Subject to this Act, a guardian of the estate of a child has all powers over the estate of the child as a guardian appointed by will or otherwise had on May 19, 1917 in England under Acts… [read post]
21 May 2015, 11:35 am
Here, the child who was the sole beneficiary of the old will naturally wanted to see that will admitted to probate. [read post]
20 May 2015, 8:48 am
If the child is age 14 or older, he or she must be notified and provide written consent. [read post]
20 May 2015, 8:48 am
If the child is age 14 or older, he or she must be notified and provide written consent. [read post]
20 May 2015, 4:00 am
Others may be far less inclined to share the details of their estate plan; however, as an adult child you should encourage your parents to at least discuss overall estate planning with you. [read post]
20 May 2015, 4:00 am
Others may be far less inclined to share the details of their estate plan; however, as an adult child you should encourage your parents to at least discuss overall estate planning with you. [read post]
19 May 2015, 5:52 pm
The petitioner asserts that the claim against the estate is invalid on the following grounds: (1) both federal and New York State law preclude the recovery of properly paid medical assistance, except in certain circumstances not applicable in this case; (2) DSS cannot recover against the estate of a Medicaid recipient's spouse; (3) DSS cannot recover against the estate of a Medicaid recipient's predeceased spouse; (4) recovery of a claim is prohibited where the… [read post]
19 May 2015, 1:13 pm
Some cases are more or less complicated than others, but finances are always involved.In addition, when there are children, child support is often a consideration and that brings up the income of each party. [read post]
19 May 2015, 6:30 am
If your child has been living in your home for at least two years before you apply for Medicaid, and the child has been acting as a caregiver, you could give your child the home as a gift. [read post]
19 May 2015, 6:30 am
Examples include when a new child or grandchild is born, when you are moving, beginning a new job, or are recently divorced. [read post]
19 May 2015, 6:30 am
If your child has been living in your home for at least two years before you apply for Medicaid, and the child has been acting as a caregiver, you could give your child the home as a gift. [read post]
18 May 2015, 1:00 am
Cameron Mathieson, a deceased child (by his father Craig Mathieson) v Secretary of State for Work and Pensions, heard 26 March 2015. [read post]
17 May 2015, 5:54 pm
The court held that the testator's will provides that, upon the death of each of his children, the capital of the respective trust created for that child's benefit will be given 'unto such person or persons out of a class composed of my issue and the spouses of such issue and in such estate, interests and proportions as such child shall in and by his last will and testament in that behalf direct, limit and appoint.' In providing that the power of… [read post]
16 May 2015, 6:30 pm
Then leave it for her only child Wendy Reimer …[21] In Eberwein Estate (Re), 2012 BCSC 250, the executor sought advice and direction from the court regarding bequests in a Will which were unclear. [read post]
