Who Needs a Trusts and Estates Attorney?
With the federal estate tax exemption now $5,490,000 and portability of the exemption between spouses, fewer and fewer people pay the estate tax. So why bother? Can't any attorney prepare your Will?
With the federal estate tax exemption now $5,490,000 and portability of the exemption between spouses, fewer and fewer people pay the estate tax. So why bother? Can't any attorney prepare your Will?
Nina was quoted in the New York Times "Wealth Matters" column on Saturday, August 23, 2014. The article concerns the benefits and detriments of the use of Powers of Attorney and Revocable Trusts.
For those who like to think ahead, the new federal estate tax exemption for 2014 and the annual gift tax exclusion for 2014 have been announced by the U.S. government.
Nina was appointed in summer 2013 for a three year term to the prestigious Trusts Estates and Surrogate's Court Committee of the Association of the Bar of the City of New York.
If your estate is under five million dollars, you probably think you have a free ride under our new estate tax law. Not if you live in New York State.
I was recently re-visiting an article about estate planning for families with special needs children that appeared in October 2008 in the Wall Street Journal entitled "An Estate Plan Built for Special Needs."
June 18, 2012 - Rebecca School (New York, New York) - Presentation to the parents of special needs teenagers on the subject of estate planning for families of children with special needs.