If you don’t have a spouse or children, you might think you don’t need to do estate planning. However, if you have any assets, any familial connections, any interest in supporting charitable groups – not to mention a desire to control your own future – you do need to establish an estate plan.
The estate tax law has no effect on the many non-tax reasons why people should engage in estate planning. Read here to learn about some of the common non-tax reasons why estate planning is necessary.
We see recurring confusion about what it means to be appointed with authority over money in a Durable Power of Attorney (DPOA) for aging parents.
Experts often recommend postponing claiming Social Security. However, there are situations in which you should claim sooner.
Less than half of Americans have a will. Here’s why it’s critical to be among those who have taken the time to draft this important document.
If a person close to you has been diagnosed with Alzheimer’s disease, it may be time to address some serious financial questions.
If you don’t have a spouse and children, you might not think you need to do any estate planning—but that’s not the case.
Reaching age 50 is a milestone that most of us celebrate. Still, after you’ve blown out the candles and bid farewell to your guests, you’ll want to avoid these common mistakes, according to a recent AARP article.
Long sought after changes to New York’s Power of Attorney law became effective June 13, 2021
The amount of assets people wish to leave to their heirs is often substantially eroded by income taxes and long term care costs. Proper professional advice is often a key to avoiding this negative outcome..
A popular technique is to use a qualified terminable interest property (QTIP) trust.
A ruling that Michael Jackson’s image and likeness at the time of his death were worth about $157 million less than the IRS estimated warns the agency not to look too far down the road, when assessing the value of a celebrity’s estate.
Copyright © 2023 Kurre Schneps LLP. All rights reserved. Some artwork provided under license agreement.
Disclaimer Notice Attorney Advertising. This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Attorney Advertising: Prior results do not guarantee a similar outcome.
