Advance Directives

Advance Directives are documents that allow you to name others to exercise your rights if you are ever temporarily or permanently disabled or incapacitated. They allow you to remain in control of your life. If you have not made these designations, the courts will do it for you if you lose capacity. Advance directives include: […]

The Immediacy of Life

As a wills and trusts attorney, I feel a strong obligation to keep my conversations lite. The topics of my practice are such that the conversations are necessarily serious, so I often try to counteract that with humor and banality. However, sometimes we are faced with reality in such a way that it is evident […]

Congress Makes 5 Million Dollar Estate Tax Exemption Permanent

Congress worked through the Holidays to avert the looming fiscal cliff.  The result was the American Taxpayer Relief Act (“ATRA” for short). The impact on Estate & Gift Taxes was a permanent increase in the lifetime exemption to 5 million dollars.  Furthermore, the exemption is indexed for inflation, so the effective exemption for 2013 is […]

Estate Tax Exemption To Drop To 1 Mil At End Of Year

As Yogi Berra once said, “it’s déjà vu all over again.”  Just like the end of 2010, the tax relief act is due to sunset at the end of this year.  What is known as the “fiscal cliff.”  This will mean a drop in the estate tax exemption for U.S. Citizens and Residents from 5 million […]

Top 5 Reasons To Not Plan Your Estate

An unofficial tribute to David Letterman’s top 10 lists, and my feeble attempt at humor. Top 5 Reasons To Not Plan Your Estate 3% of everything I own sounds like a fair fee to pay a lawyer. I really want my family to understand the intricacies of probate law. Rather than have one lawyer plan […]