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Rial Moulton
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Many different people and groups in the U.S. are beginning to seek ways to turn death into a positive experience, that focuses on the person involved. Death has typically been something of a taboo subject in our culture. We all know that it will eventually happen to us, but we... Continue reading
Posted yesterday at Washington Estate Planning
If you would like to take advantage of the new lifetime gift tax exemption limit before it reverts to a lesser amount in a few years, you have many options for doing so. The recently passed tax reform law doubled the lifetime gift tax exemption from previous levels. However, the... Continue reading
Posted 2 days ago at Washington Estate Planning
It is never an easy decision to disinherit a child. People who have made that difficult decision, need to understand that it is also difficult to legally do so. Sometimes parents think they have no other choice but to disinherit one of their children. They can decide this for many... Continue reading
Posted 3 days ago at Washington Estate Planning
Police are investigating whether legendary comic book writer Stan Lee is a victim of elder abuse. It seems that 95-year-old Stan Lee is at the height of his fame. The characters he created for Marvel Comics currently make the film industry millions of dollars annually in film after film. Lee... Continue reading
Posted 6 days ago at Washington Estate Planning
The details of the will of the late writer Tom Wolfe have been released to the public. The author Tom Wolfe was always viewed as being a little bit eccentric, if for no other reason than he always wore a white suit. He wore the white suit, even when he... Continue reading
Posted 7 days ago at Washington Estate Planning
When you start to think about what you want your will to say, it can be helpful to begin with a seemingly minor detail and first decide who you want as your executor. People sometimes delay creating a will, because it can seem like an overwhelming task to figure out... Continue reading
Posted Jul 11, 2018 at Washington Estate Planning
A California Appeals Court has issued a stay order against a lower court's ruling that had declared the state's doctor-assisted suicide law unconstitutional. Several states have passed laws allowing doctors to assist terminally ill patients who want to commit suicide. Whenever these laws are passed, there is always some controversy.... Continue reading
Posted Jul 10, 2018 at Washington Estate Planning
A New York attorney has plead guilty to criminal charges stemming from a scheme to defraud his elderly clients of millions of dollars for his own personal benefit. There has been an aggressive effort in recent years by law enforcement agencies to combat the growing problem of elder abuse. It... Continue reading
Posted Jul 9, 2018 at Washington Estate Planning
It is possible for some people with special needs to be able to save and invest their own money, without losing government benefits. For the most part, government safety nets are designed for people who do not have access to other money. This is true of the most common safety... Continue reading
Posted Jul 6, 2018 at Washington Estate Planning
A New Jersey teacher left a surprisingly large gift for students in will, that will help pay for college. Genevieve Via Cava taught for years as a special education teacher in New Jersey. She was not a particularly well-known person outside of those she taught. However, she was apparently a... Continue reading
Posted Jul 5, 2018 at Washington Estate Planning
In a recent ruling, the U.S. Supreme Court upheld a Minnesota law that affects how some life insurance policies in the state should be interpreted after a divorce. After a couple divorces, estate law typically assumes that neither of the ex-spouses wants the other to receive any death benefits. If... Continue reading
Posted Jul 4, 2018 at Washington Estate Planning
The temporary raising of the estate and gift tax exemptions has given wealthy Americans a small window that could help their families for generations. A long time ago, lawmakers were concerned about the ability of one wealthy person to control how assets were managed after they passed away. In English... Continue reading
Posted Jul 3, 2018 at Washington Estate Planning
An organization whose purpose is to promote the interests of older Americans might seem unlikely to be worried too much about student loan debt, but the AARP sees the issue as a growing part of its mission. Many Americans decide to go to college, after being in the workforce for... Continue reading
Posted Jul 2, 2018 at Washington Estate Planning
Congress has passed an exception to not-for-profit law that will allow the Newman's Own company to continue operating as it currently does. Other charities might also be able to take advantage of it. There has always been a problem with the Newman's Own line of grocery products. It has nothing... Continue reading
Posted Jun 29, 2018 at Washington Estate Planning
When people go gambling with money that is not theirs, the results are rarely like the movies. The 1990s movie Empire Records was not well received by film critics. However, it has become a cult classic for fans. The movie starts with an employee of an independent music store taking... Continue reading
Posted Jun 28, 2018 at Washington Estate Planning
Some people think that the future of estate planning is in using blockchain technology to manage it. You may have heard a lot about blockchain. It is the new thing everyone is trying to figure out, so they can take advantage of it. If something can be digitized, there are... Continue reading
Posted Jun 27, 2018 at Washington Estate Planning
Warren Buffett has some advice for wealthy people who are concerned that their heirs will lack motivation, after they receive a large inheritance. One thing that wealthy parents routinely worry about when giving their children a large inheritance, is whether it will stifle any motivation to go out and earn... Continue reading
Posted Jun 26, 2018 at Washington Estate Planning
After the settlor of an irrevocable trust passes away, the beneficiaries of the trust may think they would be better off dissolving the trust and taking the assets. They may be allowed to do so. When people create irrevocable trusts to control how beneficiaries will receive assets from the trust,... Continue reading
Posted Jun 25, 2018 at Washington Estate Planning
There are many reasons that people get estate plans. However, those reasons fall into a few general categories. People who do not have estate plans, often wonder why they should get one. People want to know what they and their family can get out of an estate plan. In large... Continue reading
Posted Jun 22, 2018 at Washington Estate Planning
To get the most out of Social Security benefits, it is very important that older Americans understand how the system works, before they start to get benefits. An alarming number do not. On the surface, Social Security is a fairly simple concept to grasp. People pay into it, while they... Continue reading
Posted Jun 21, 2018 at Washington Estate Planning
When creating an estate plan, it is important you keep in mind the generation-skipping transfer tax. In part, the federal estate tax is intended to make it, so wealth does not accumulate in one family indefinitely. It may be questionable how well the idea works. However, the idea is that... Continue reading
Posted Jun 20, 2018 at Washington Estate Planning
Before you decide to use the forms of an online service for your legal documents, you should read the disclaimer on the website. Some websites make it very easy to get legal documents prepared. All you do is pay a small fee, download some forms, read the directions and fill... Continue reading
Posted Jun 19, 2018 at Washington Estate Planning
When people are at or near retirement age, they can benefit greatly by visiting an elder law attorney. To get the most out of the visit, it is important to know what to expect. Many people are not quite clear about what elder law attorneys do. Some people think they... Continue reading
Posted Jun 18, 2018 at Washington Estate Planning
The doubling of the estate tax exemption might mean you do not have to pay that tax. However, if you are not careful, you could end up paying more in capital gains taxes than necessary. It is assumed by most people that since the federal estate tax exemption was doubled... Continue reading
Posted Jun 15, 2018 at Washington Estate Planning
In 2015 California passed what many people considered to be a groundbreaking physician-assisted death law. A court has now overturned it. Advocates and detractors of physician-assisted suicide have been paying close attention to the state of California. A law passed there in 2015 to allow the practice, was thought to... Continue reading
Posted Jun 14, 2018 at Washington Estate Planning