How Forbes Got “Major Errors in Estate Planning” Wrong

  Forbes recently shared its list of 7 Major Errors in Estate Planning. I'd like to share them, one at a time, with comments, and then add a couple they missed. Rather than swamp you with a treatise, here’s one that I really feel passionate about. There are so many easy ways to screw up… Read More »

Estate Planning Technology Develops Quickly

When people think of technology, they think of a fast-paced, growing field. When they think of the law, they tend to think of stagnant printed volumes of laws stacked together in a library. The difference between the pace of technological development in space technology and estate planning technology is not as great as many imagine…. Read More »

Holidays with Your Parents: Next Steps

It's that time of year again. No matter what your religion or traditions, you may be planning to use time off from work to visit with family including your parents. Some children will notice their parents slipping – unable to process things the way they used to. Other parents will appear just fine but you'll… Read More »

Inherited IRAs: Sweet or a Trap?

The Wall Street Journal's Kelly Greene covered a Congressional proposal to end this attractive opportunity earlier this year. Right now, if you inherit an IRA or other tax-advantaged retirement account, you are allowed to stretch out the withdrawals, and therefore the income tax, over the course of your own life expectancy. Estate planning attorneys have… Read More »

Retroactive Estate Tax?

CONGRESS MAY IMPOSE RETROACTIVE ESTATE TAX There is currently no tax on the estates of those dying during 2010. Although Congress may reinstate the tax retroactively in 2010, perhaps as part of broader tax reform, this is by no means a certainty. If Congress fails to act, a few thousand very wealthy families will have… Read More »