News & Articles

Many wealthy people think they are immune from making estate planning mistakes. That thought is their first mistake. They often commit many more. When it comes to estate planning most wealthy people have heard about mistakes that other wealthy people… Read More

Imagine having a sibling whom no one in your family has spoken to in nearly three decades. What if you were contacted one day and told that your sibling passed away six years ago and left behind two bank accounts worth $81,000? That's what happe… Read More

The story goes that two women who both claimed to be the mother of a baby asked King Solomon to resolve the dispute. The King ordered that the baby be cut in half and by doing so could determine who the real mother was by watching the women's re… Read More

Opponents of the estate tax normally emphasize the effect it can have on small business owners and family farmers. A new report, however, suggests that those are not the groups behind the push to repeal the tax. Earlier this year, the House of Repres… Read More

When creating a large trust, especially one for a minor child, it is often a good idea to use the services of a professional trustee. Many banks, both large and small, offer the service. However, there is no guarantee that professional trustees will… Read More

No one has claimed to be the heir to the estate of the German co-pilot who is alleged to have intentionally crashed a plane into the Alps. Now, the estate has filed for bankruptcy. If you have watched the news the past few months, then you undoubtedl… Read More

The overwhelming majority of estates are not large enough to require payment of the federal estate tax and are therefore not required to file the estate tax forms. For most of them, it is wise not to waste money on any professional preparation fees f… Read More

As the baby boomer generation ages, they are increasingly spending a lot of their retirement funds on their children. This might have implications for their estates.   Due to demographic changes and changing economic fortunes, older Americans in… Read More