How to Plan for the Future While Estate Tax Debate Continues in the Senate

With all the estate tax proposals currently floating around the Senate the future of the estate tax is anybody’s guess… but that doesn’t mean we’ll stop trying to figure it out. A recent article in the Wall Street Journal touches on some of the more recent (and more controversial) proposals floating around Washington. The proposal […]

“For Richer or For Poorer, Till Death Do Us Part” Includes Retirement

“I take you to be my lawfully wedded spouse, to have and to hold from this day forward, for better or for worse, for richer, for poorer, in sickness and in health, to love and to cherish; from this day forward until death do us part.” These aren’t just sweet words designed to bring a […]

Can You Really Afford Long-Term Care Insurance?

The American Association for Long-Term Care Insurance recently released a report on the costs of long-term care insurance, and the results were surprising.  Most people mistakenly believe that long-term care insurance is going to be expensive and difficult; but in fact, according to the report, “over one-fourth [of buyers under the age of 61] paid […]

The Estate Planning Needs of Women

We’re all about equality, but the fact is that women have different estate planning needs than men.  Whether they’re single or married, have children or no children, women have different things to think about when it comes to estate planning. This means that women need to be involved in the planning process: Express their own […]

It’s a Dog’s Life

There seems to be some confusion nowadays about whether “a dog’s life” refers to a life of ease or toil, but for these wealthy canine heirs life is definitely the former!  Whether it’s a wealthy eccentric leaving millions to a dear canine companion or whether it’s a lover of animals leaving a portion of their […]

More News About the Repealed Estate Tax

Six months into 2010 and the estate tax repeal is still making news.  This time it’s a story about Texas billionaire Dan L. Duncan who died in March, leaving all of his billions to his spouse, family and various charitable organizations… and none to the government: “Had his life ended three months earlier, Mr. Duncan’s […]

Options Abound With Out-of-State Trusts

If you have a family trust—or are considering creating a family trust—to protect your assets you may want to ask your attorney about creating an out of state trust. It’s a grantor’s market (so to speak) and creating a trust these days doesn’t mean you have to simply accept the tax laws of your state […]

How To Choose Your Executor or Personal Representative

Serving as someone’s executor or personal representative is a HUGE job, and not for the faint of heart.  Although it is commonly considered an honor, there is a lot of work involved, and an executor must have a great capacity for organization, attention to detail, meeting deadlines, and more.  You may be tempted to name […]

World Elder Abuse Awareness Day is June 15

As we age we become vulnerable.  We begin to doubt our memories, our bodies are not as reliable as they used to be, and technological advances outstrip our abilities to keep up with them.  With this vulnerability comes the opportunity for abuse. Unfortunately, elder abuse is becoming more and more common, both physically and financially.  […]

Money and Marriage: How to Have a Successful Business Partnership with your Spouse

If you and your spouse complement each other, work well together, and support each other, does it makes sense to go into business together?  Can you effectively be partners in marriage, partners in parenting, and partners in business?  Although it may not be easy, many couples have proven that the answer is yes—a business partnership […]