Dear Clients and Friends, Aside from child custody, the most emotionally charged issue in a divorce is usually who gets to keep the house. For most couples, a house is their most valuable asset, and it has an enormous symbolic value as well. But while couples often … [Read more...] about Divorce and thoughts on selling the family home.
Estate Planning
Being a trustee or an executor?
Dear Clients and Friends, Upon the passing of a loved one, many of you are already designated as that persons executor or successor-trustee or both. There are things for you to do, attorney representation is often needed and we are here to help. Our below article provides a … [Read more...] about Being a trustee or an executor?
Same-Sex Couples Should Consider Prenups
Dear Clients and Friends, Now that the U.S. Supreme Court has legalized same-sex marriages throughout the country, many gay couples who have lived together for many years are getting married. And while every engaged couple should at least give some thought to a prenuptial … [Read more...] about Same-Sex Couples Should Consider Prenups
Family Trust Could Prohibit Beneficiaries From Going To Court
Dear Clients and Friends, When setting up trusts for children, grandchildren and other family members, one has a greater ability to limit the beneficiaries’ right to challenge trustees’ decisions in court as a result of a recent U.S. Tax Court decision. Here’s the … [Read more...] about Family Trust Could Prohibit Beneficiaries From Going To Court
New rules if you buy real estate from a foreign owner
Dear Clients and Friends, Did you know that if you buy real estate in the U.S. from a foreign owner, you may have to withhold a chunk of the sale price and send it to the IRS? This is required by a law called FIRPTA (the Foreign Investment in Real Property Tax Act), which … [Read more...] about New rules if you buy real estate from a foreign owner
U.S. Supreme Court alters estate planning for gay couples
Dear Clients and Friends, On June 26, 2013 the U.S. Supreme Court issued a decision in United States v. Windsor that significantly affected the estates of same-sex couples and their families. On August 29, 2013, the IRS issued Rev. Rul. 2013-17 providing guidance on how the … [Read more...] about U.S. Supreme Court alters estate planning for gay couples
