Government & Politics

Last Week in Estate Planning (June 10 to June 16, 2011)

3327041430_3ab6e0a2a3_s

Here are links to the top estate planning stories and developments of last week. By the way, I receive absolutely no financial remuneration from recommending any of the following choices.  I believe this enables me to give an unbiased view of what, IMHO, is the best in topical and quality work from estate planning colleagues…

Read more »

Last Week in Estate Planning (June 3 to June 9, 2011)

300px-Honors

Instead of limiting this feature to the posts of the week, I thought it might be helpful to also post links to the top estate planning stories and developments of the past seven days.  I hope you enjoy. Top Stories of the Week Individual State Developments In Pennsylvania:  “PA DoR Revised Safe Deposit Box Entry”,…

Read more »

Revocable Living Trusts: Should Couples Use Joint or Separate Trusts? (Part II)

300px-N12453669_33496777_98

In Part I of this topic, we discussed that the decision to use joint or separate trusts is mainly based on the answers to these three questions:  Read more... Under federal and/or state law, are you married to your partner – Yes or No? Do you live in a Community Property or Separate Property State?…

Read more »

A Defense of Marriage Act (DOMA) Primer

449672591_c48ac092ac_m

You may have heard reference to the Defense of Marriage Act (DOMA) in the news lately.  In this post, we will briefly explain DOMA, recent Presidential and Congressional reaction, and the potential effects moving forward. The Current Law DOMA is essentially based on three provisions in Federal law:  Read more...

Read more »

Elder Abuse Law: Is Momentum Building for New Legislation?

Justice For All: Ending Elder Abuse, Neglect & Financial Exploitation Senate Hearing

You may have read about 90-year-old actor Mickey Rooney’s recent testimony at the Senate Special Committee on Aging regarding how he personally suffered psychological abuse and financial exploitation due mainly to his advanced age.  Today, we will list some resources and links regarding the developing law regarding elder abuse. CATEGORIES OF ELDER ABUSE According to…

Read more »

It’s Time for Estate Planning Maintenance Plans: Here’s Why

300px-Handshake_stylised

Today, I’d like to revisit the idea of estate-planning maintenance plans.  There is a new trend developing in which people can not only receive the requisite documents from their estate planning attorney, but can also pay an annual fee to have the attorney provide necessary updates and guidance as your life, your circumstances and even…

Read more »

The Elizabeth Edwards Estate: Will John Truly Be Disinherited?

300px-Elizabeth_and_John_Edwards_by_The_Tonight_Show

Making the rounds in the news lately is the fact that Elizabeth Edwards, who passed away this past December 7, has seemingly disinherited former Presidential candidate and husband John Edwards by not including him in her will.  Inside Edition has released the will, signed six days before Ms. Edwards’ death.  Read more...

Read more »

Obama Signs New Tax Law: How It Affects You

300px-MarginalIncomeTax.svg

The House and Senate have passed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, also known as the 2010 Tax Relief Act, and President Obama signed the bill today.  Let’s take a brief first look at how the new law will affect all of us.  Read more...

Read more »

Senate Tax Bill Introduced: Impact on Estate Taxes and Revenues

300px-Harry_Reid_official_portrait

Yesterday, Senate Majority Leader Harry Reid introduced the first Congressional bill that reflects the Obama-Republican compromises on estate taxes from earlier this week. Hani Sarji at forbes.com has closely monitored the estate tax debate all week and provided an excellent summary of Reid’s bill early this morning.  Here, I summarize his summary by briefly explaining…

Read more »