by Monique | Oct 24, 2024 | Uncategorized
On June 6, 2024, the US Supreme Court issued a decision in the case Connelly v. US, establishing that the life insurance proceeds used in entity buy-sell agreements for the shares of a closely held corporation need to be included in the fair market value (FMV) of the...
by Monique | Apr 26, 2021 | Uncategorized
Working with a knowledgeable estate planning attorney can help you minimize your gift and estate tax obligations with strategic planning. We encourage many of our high net-worth clients to use a strategic gifting program. This means they utilize $15,000...
by Monique | Jun 17, 2020 | Uncategorized
Serving as the Personal Representative, or the “PR”, of an estate can be stressful and time consuming. At first, one might feel privileged to be entrusted with the responsibility. As disgruntled family members seek their inheritances and creditor claims pile up, the...
by Monique | Jun 2, 2020 | Uncategorized
A guardian is the person parents choose to take care of their minor children if the parents pass away before the children become adults. Naming a guardian is important because it gives parents control of the situation. If parents do not name the guardian, a judge will...
by Monique | May 26, 2020 | Uncategorized
Your assets may be subject to probate if you fail to properly “fund” your trust. Funding a trust is the process of transferring the legal title of assets from your name, individually, into the name of your trust. An un-funded trust is like an empty bank account. If a...
by Monique | Apr 10, 2019 | Uncategorized
A Designation of Healthcare Surrogate for Minor Children nominates an individual to make medical decisions for your minor child if you are unable or unwilling to do so. It also specifies the types of treatment your surrogate is allowed to consent to and names...
