Vacations Gone Bad How Delegating Parental Powers Can Be Critical With summer vacation time upon us, despite our Covid-19 world, many people are hitting the road or jumping on a plane. It is not uncommon to have minor children go on vacation with another family or go on a trip with a sports team or...Read More
Oh my, how things can change in a matter of a few days. Only a few weeks ago, the Coronavirus or Covid-19 seemed like a problem for China and Italy. Never in a million years did any of us think it would have such a dramatic effect on our day to day lives. We’ve gone...Read More
In this segment, I talk about estate planning, why it is important for women to be involved in the planning process, the top reason why a plan would fail, why you want to pay a professional, and the SECURE Act.Read More
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“Alzheimer’s, widowed stepmothers and estate crime are the three biggest causes of inheritance messes” according to estate and trust attorney Michael Hackard. It is a high bar proving lack of capacity or undue influence. Moreover, it is a low bar for one to have the capacity to sign or modify a Will (usually a higher...Read More
Absolutely! As of January 1, 2018, the federal estate tax exemption amount will rise to $5.6 million, up from $5.49 million in 2017. The annual exclusion amount for gifts in 2018 will increase to $15,000, which is up from $14,000 for gifts in 2017. This means that individuals can gift $15,000, and couples can gift...Read More
