Blog
A Word About Our Special Children
All children are special. There are no exceptions. Whether they have physical or emotional challenges, are fantastic athletes, nerds or brainiacs, timid or outgoing, or just plain ours, they are all special. Special people require special planning. My sister and...
So Tell Me Again…What Do a T-Square and Gun Trust Have in Common?
I grew up on the mean streets of NYC, where the cops would walk 4 across. My sister and I spent our time going to school and taking care of our mother and step-father who were both quadriplegics. We lived in a housing project that reeked of urine and trash. Going...
“Home Sweet Home”
There is an old saying, "Home is where your heart is". As we age, the idea of staying home becomes more and more important to us. I believe in this saying very strongly. However, I also believe that the physical location of 'home' may need to change as our needs...
After Control, The Most Important Part Of An Estate Plan May Be The Memories
Estate planning is all about control; control over our decisions and finances, both during life and after our death. After control, the second most important part of an estate plan may be the memories. Memories of the lives and experiences we have shared...
Protecting our Special Children
All children are special. The thought that a child may have to survive on his or her own before they are ready is every parent’s worst fear; it’s what keeps many parents up at night, and what brings many parents into our office asking about trusts, guardians, and...
An Update on the Presidential Election and the Changing Tax Law
The election is over, and the people of the United States have spoken. Barack Obama has been re-elected to serve four more years as President. As a result of his re-election, we are faced with a strong division in our government. The President has expressed his...
The World Changes When Our Children Reach Age 18. The Changes Are…..
My daughter Amy turned 18 on Sunday, April 29, 2012. On Monday April 30, 2012 Amy came in to our office to sign her Last Will, Trust, Power of Attorney, and all of her health care documents. You may ask “Why? Why did I have my 18 year old daughter sign her estate...
With the $5 Million Gift Tax Coupon Set to Expire, Is Now the Time for You to Give?
In 2010, Congress and the President raised the lifetime gift tax coupon (exclusion) amount from $1 Million to $5 Million. We estate planning attorneys and our client families rejoiced! We now had an estate planning coupon which made sense. The new coupon would...
Breaking Down the Probate Process
Probate, quite simply, is the process by which the court determines the legal property of a person who has died, and decides to whom those assets will be distributed. It sounds like it should be simple, but somehow, unfortunately, probate is hardly ever simple. Even...
How to Begin the Process of Choosing a Guardian for Your Child
Choosing a guardian for a child is one of the most difficult things a parent may ever have to do. From parenting style to living situation to your gut feeling about this or that person’s ability to love your children as well as you do—there are endless issues to...
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