Everyone Needs an Incapacity Plan

Globally, the single largest cause of disability is dementia. The second largest cause, stroke, can also have a devastating impact on a person’s judgment and decision-making capabilities. Therefore, as a recent article discusses, it is imperative for everyone to include an incapacity plan as part of his or her estate plan. When it comes to… Read More »

Considering Cory Monteith’s Estate

After the untimely death of Glee star Cory Monteith, speculation has grown concerning the status of his estate. As a recent article explains, even young and healthy actors often have some sort of estate plan in place. Typical young and healthy Americans do not consider estate planning because they believe that it can be put… Read More »

Tax-Oriented Estate Planning

Transfer tax laws have historically been unpredictable. This can leave a lot of people confused when it comes to tax-oriented estate planning. A recent article discusses several important aspects of the current state of tax-oriented estate planning. Tax-oriented estate planning often begins with use of the estate tax marital deduction. Through this deduction, all of… Read More »

Review Your Life Insurance Amounts

Life insurance is a key element of most people’s financial plans. Unfortunately, many Americans have not taken the time to take out a life insurance policy. Perhaps more alarming, most Americans who do have insurance policies do not have a large enough policy to sustain their family. A recent article discusses issues concerned with life… Read More »

Adult Adoption as an Estate Planning Tool

When asked to consider estate planning tools, most people will name common estate planning tools such as wills and trusts. A recent article discusses one of the lesser-utilized estate planning tools, adult adoption. Most commonly, same sex couples use adult adoption in order to secure inheritance for one another. This strategy is not necessary in… Read More »

Considering the Wisdom of Gandolfini’s Will

In the short time since actor James Gandolfini’s untimely death, the media has been in a frenzy discussing the details of his estate plan. As a recent article explains, the actor left most of his assets to his friends and family members. Gandolfini’s teenage son Michael will receive the bulk of the estate, including all… Read More »

The Etiquette of Inheritance

There are rules of etiquette for almost every life event, large or small. A recent article discusses the rules of etiquette when it comes to inheritance. Rules of etiquette apply whether you are passing down your estate, or receiving a portion of an estate from a loved one. Unfortunately, these rules are far from clear…. Read More »