Sep 30, 2015 | Asset Protection Planning, Business Law Blog, Estate Planning
Believe it or not, in the U.S. it isn’t easy to disinherit your spouse. But the same is not true for other family members – generally, you can use your estate plan to disinherit your brothers and sisters, your nieces and nephews, or even your very own...
Sep 16, 2015 | Asset Protection Planning, Business Law Blog, Estate Planning
While many wines get better with age, the same cannot be said for some irrevocable trusts. Maybe you’re the beneficiary of a trust created by your great grandfather seventy years ago that no longer makes sense. Or maybe you created an irrevocable trust twenty...
Sep 9, 2015 | Asset Protection Planning, Business Law Blog, Estate Planning
More than 10,000 people turn 65 in the U.S. every day according to Aging.gov (https://www.hhs.gov/aging/), a new website recently launched by the Obama administration. The goal of this website is to act as gateway for older Americans and their families, friends and...
Sep 2, 2015 | Asset Protection Planning, Business Law Blog, Estate Planning
Estate Planning in 1995 Versus 2015 In 1995 the federal estate tax exemption was only $600,000 and the estate tax rate was 55%. Back then it was easy to accumulate a taxable estate by simply owning a home, a few investments and some life insurance. And while married...