Case Law: Grantor-retained Annuity Trust and Estate Taxes By Jill Roamer, J.D., CIPP/US estate planning, Case Law In Badgley v. United States, the 9th Circuit upheld summary judgment in favor of the IRS in a case regarding the legality of including the entire Grantor-retained Annuity…
Can a bank refuse a Power of Attorney? Can a Bank Refuse a Power of Attorney? Yes, they can! If you are you going to manage your parents’ finances in the future, Power of Attorney gives you some power. however,…
Is Life Insurance Taxable? AmyDanise Editor Updated: Apr 20, 2021, 4:27am Compare Life Insurance Companies Is Life Insurance Taxable? Compare Policies With 8 Leading Insurers. One of the primary upsides to life insurance is that the payout is made to your…
Conservatorship vs. Guardianship: What's the Difference? Conservatorship vs. Guardianship: What's the Difference? The needs of the ward will determine which role is appropriate When an individual is in need of care to the extent that they become a ward of…
Should I Entertain a Quitclaim Deed? Quitclaim deeds are often viewed as quick, easy mechanisms for transferring title in real property from one party to another. However, if the parties fail to properly consider all relevant issues, a quitclaim…
Family Feud After The Death Of A Parent The death of a parent is never easy. Each individual family member is forced to contend with the loss of the relationship they had with their mother or father, and the family…
Labor Day is a Good Day to Talk About Your Future! You've worked hard (labored) all your life and have accumulated an Estate. Yes, I said Estate, you have one! Everyone has an Estate, from meager to millions, everyone has…
WILL BABY BOOMERS HAVE ANYTHING LEFT TO PASS DOWN? Written By: The American Academy of Estate Planning Attorneys The Baby Boomer generation – the largest generation in American history to date – is heading into retirement, but are they prepared?…
WHAT HAPPENS WHEN SOMEONE DIES WITHOUT A WILL? A Will gives Seniors Peace of Mind If your older adult wants to be sure that their assets and property will be given to certain people or organizations after they pass away,…
Estate Planning Documents to Update When Getting a Divorce BY PATTI SPENCER REVIEWED BY MARGUERITA CHENG Updated April 27, 2021 Estate Planning Documents to Update When Getting a Divorce. If you are considering divorce or beginning the process of getting…