• Possibly the Best Way to Pass Assets to Loved Ones: GST Planning

    Estate planning using the generation-skipping transfer (“GST”) tax can provide great benefits including (1) protection from the beneficiary’s creditors, (2) protection from a beneficiary’s spouse in the event of a divorce, (3) protection from potential “predators” who may try to take advantage of the beneficiary to gain access to his or her assets, and (4) protection from estate taxes in the beneficiary’s estate.

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  • Possibly the Best Way to Pass Assets to Loved Ones: Part Two

    Last month’s newsletter article discussed the GST planning option, along with its incredible potential benefits and flexibility. We focused on trying to explain what GST planning is and what it can offer. In this issue we’ve focused on things you should keep in mind and consider when you decide to include GST planning in your own estate plan.

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  • Estate Planning for Blended Families – Let Me Count The Ways

    As we are all aware, divorce is common in the modern U.S. One frequently cited statistic is that about 50% of all marriages will end in divorce. Many divorces involve couples who have children. Many of these divorced parents subsequently remarry or enter other long-term relationships, which results in “blended” families.

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  • Common Pitfalls When Planning Estates for Families with Special Needs Children

    I recently had the privilege to attend a bar mitzvah in which the young man also has a sibling with a profound disability. His sibling is non-verbal and cannot perform a number of activities of daily living, such as dressing and bathing, without assistance.

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FEATURED ARTICLE:

Navigating the Estate Planning Pitfalls Created by the Taxpayer Relief Act of 2012

As the bar for “wealth” moves north many individuals we meet are lulled into thinking that complex estate planning strategies are reserved for those other people with greater wealth than they. With the new $5MM exclusion amount (indexed for inflation)… read on

What Should I Expect?

You should expect individualized planning based on your personal situation, your goals, and your desires. We favor the simple over the complex except where the more complex provides additional benefits. No matter what level of estate planning is needed, we give great attention to detail. We aim to do the best job possible for all of our clients just as if you were a member of our family.

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