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Asset Planning with a Digital Twist
June 18th, 2013
Much has been written about how family members struggle to get access to the e-mail and social network accounts of loved ones who have died. They have sentimental value much the way photo albums and personal letters do. But far less attention has bee…
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Have You Considered a Conservation Easement for Your Land?
June 17th, 2013
When you make a charitable contribution of anything other than money or marketable securities, there will always be a valuation issue. At least, it will usually be clear what it is that you are giving away. A conservation easement is different.…
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Categories: Estate Planning
Charitable Giving or Elder Abuse? Uncertainties of a Late Heiress’s Last Years
June 14th, 2013
Admitted in 1991, Mrs. Clark ended up staying until her death, giving the hospital at least $4 million in donations, not counting millions more she paid just to live there and a $1 million bequest in her final, contested will, according to court pape…
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Tags: Elder Law
And the Business Goes to …the Employees?
June 13th, 2013
Dawn Huston, 31, started working at Dansko 11 years ago, sorting shoes for delivery. Now a warehouse processor, she said the idea of owning a piece of the company made her nervous at first—though she wasn’t worried about her retirement savings, s…
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Medical Alert Scam Becoming Widespread
June 12th, 2013
Barbara Adams, 70, keeps getting one of those annoying robocalls that she just knows has to be a scam. The voice implies that somebody, her doctor or maybe her children, signed her up for a medical alert system. It's all free, the recording impl…
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Dodging the Family Feud over Your Estate
June 11th, 2013
Unfortunately, estate planning can cause family feuds over inheritance, often leading to litigation that can become lengthy and costly with no clear winner. From our experience, family litigation occurs not from a lack of trying to solve the issue, b…
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Don’t Hold Off on Having Those Hard “Talks” … Or It Will Cost You
June 10th, 2013
If you haven’t had a conversation with your parents about handling their financial affairs after they die, Krysten Crawford’s tale may spring you into action. Certain “talks” or conversations are imperative, although some of those discussions…
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Tags: Elder Law
Don’t “Escheat” Your Family Inheritance
June 7th, 2013
Nearly 2.5 million Americans died last year, many without signing a will. One of them was apparently Roman Blum, a Holocaust survivor and New York real estate developer who was worth almost $40 million when he passed away in January 2012 at the age o…
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Categories: Uncategorized
Asset Protection and the Limited Liability Company (LLC)
June 6th, 2013
In terms of new formations, the Limited Liability Company (“LLC”) is the new King. The former King, the corporation, has been deposed, and relatively few corporations are now being formed other than for companies that have a future hope of being…
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Categories: Uncategorized
Can One Attorney Meet Both Your Estate Planning Needs?
June 5th, 2013
If a conflict of interest arises in fact between the spouses, their estate planning attorney should withdraw and advise the spouses to retain separate counsel. Having represented both of the spouses, the attorney may not thereafter represent on…
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Categories: Uncategorized
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