Estate Planning

Gifting assets to your grandchildren can help them get a good start in life — it can also reduce the size of your estate and the tax that will be due upon your death. You can accomplish this in different...

Elderlaw 101

For most people, the durable power of attorney (POA) is the most important estate planning instrument available — even more useful than a will. A POA appoints someone you trust to act in your place when necessary. ...

Elderlaw 101

Estate administration is the process of managing and distributing a person’s property (the “estate”) after death.

Elderlaw 101

Inheriting an IRA may seem like a good thing, but there can be tax consequences if you aren't careful. If you inherit an IRA, you should check with a professional advisor as soon as possible to find out your options.

There are a number of different kinds of trusts, but they fall into two basic categories: testamentary and inter vivos. One goes into effect while you’re alive and the other only after death. Which do you need?...

Elderlaw 101

A trust is a legal arrangement through which one person (or an institution, such as a bank or law firm), called a "trustee," holds legal title to property for another person, called a "beneficiary." There are many benefits to creating...

Elderlaw 101

How much is an inherited item worth if it can never be sold?  The children of a famous New York art dealer didn't think they had to pay any tax on a ground-breaking work by Robert Rauschenberg.  ...

After road testing three leading Web sites that help you create your own will, power of attorney, and other important legal documents . . . ...

In an effort to gain a resolution while she is still alive, the ailing surviving spouse of a lesbian couple is asking the . . . ...