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Forbush Goldberg, PLLC
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Storms can force temporary relocation to another state, as well as another look at your plan. Once again multiple hurricanes have hit the U.S. They have caused the displacement of people as they await the rebuilding of their homes. The state laws where you are temporarily relocated could consider you... Continue reading
Posted 11 hours ago at Forbush Goldberg, PLLC
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Few people have any idea what a copyright protects or how it is enforced. Just how do you pass it along from generation to generation? Passing on copyrights and transferring them in an estate plan can be complicated, according to the Wills, Trusts & Estates Prof Blog in "Planning and... Continue reading
Posted 3 days ago at Forbush Goldberg, PLLC
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Driving requires quick reflexes and good motor skills. Families face difficulties with the elderly, when safety comes into question. Elderly people who have always been independent, can run into family difficulties and tension when it appears it is time to give up the driver’s license and rely on others, according... Continue reading
Posted 4 days ago at Forbush Goldberg, PLLC
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Regardless of language, the White House has an interesting viewpoint of the estate tax. In an attempt to convince the Democrats that the estate tax is not needed, White House advisor Gary Cohn justified its elimination by explaining that only morons pay it, according to CNBC in "'Only morons pay... Continue reading
Posted 5 days ago at Forbush Goldberg, PLLC
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While it may be of sentimental value to you, it could make it difficult for your heirs when you ask to have your ashes spread at a Disney theme park. The Disney theme parks use code words to describe common occurrences. One of them is “white powder event.” But that... Continue reading
Posted 7 days ago at Forbush Goldberg, PLLC
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Avoiding probate is a good idea, but not at the cost of losing your home. There are better ways to avoid probate than giving your house to your children, according to The New York Times in "Leaving a Home to Heirs While You're Still Alive." One method people have used... Continue reading
Posted Oct 6, 2017 at Forbush Goldberg, PLLC
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Estate planning should be a necessary part of the preparation for college. People should consider seeing an estate planning attorney as part of their college preparations, according to the Financial Advisor in "College Students Need A Power of Attorney." At the very least, this should be done to obtain a... Continue reading
Posted Sep 25, 2017 at Forbush Goldberg, PLLC
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Many elderly retirees with straining budgets are turning to their children for financial help, just as they are reaching retirement age themselves. Some members of the workforce are having to delay retirement, so they can financially help their own parents as the life expectancy continues to rise, according to the... Continue reading
Posted Sep 15, 2017 at Forbush Goldberg, PLLC
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Jerry Lewis owned everything in his movies and they are in a trust. Jerry Lewis, who passed away recently, was one of the most famous entertainers in history. However, he may have left behind a relatively small estate and a clue may be an old real estate transaction, according to... Continue reading
Posted Sep 14, 2017 at Forbush Goldberg, PLLC
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Life insurance policies pay out immediately upon death and can help the family through difficult times. However, it is important to make sure that you do not mislead the insurance company. If you decide to use life insurance as an estate planning tool, you may be required to fill out... Continue reading
Posted Sep 13, 2017 at Forbush Goldberg, PLLC
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Changing circumstances should spark a fresh look at an estate plan. Britney Spears, who currently has a will that would leave all of her assets to her two minor sons when she passes away, has taken a fresh look at her circumstances and decided she’d like to change the distributions... Continue reading
Posted Sep 12, 2017 at Forbush Goldberg, PLLC
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Some mistakes can be costly and create problems for your family. Should you make mistakes in a do-it-yourself will, the heirs are the ones who will most likely foot the bill to straighten it out, according to Market Watch discusses in "The problems with doing your own estate planning." If... Continue reading
Posted Sep 11, 2017 at Forbush Goldberg, PLLC
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In the past, physical property were the primary assets tracked for an estate plan. However, the digital age has created some challenges. Unlike in past decades, a lot of important business is conducted online today. However, it does not leave a paper trail. This makes the job of estate executor... Continue reading
Posted Sep 8, 2017 at Forbush Goldberg, PLLC
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Legal formalities are the key to a valid will. However, undue influence can create a major challenge. Undue influence on a testator is difficult to prove but not impossible, according to the Wills, Trusts & Estates Prof Blog in "Corpus Christi Court Upholds Undue Influence Verdict." A will is assumed... Continue reading
Posted Sep 6, 2017 at Forbush Goldberg, PLLC
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The real challenge is finding out who is responsible for the death and will they benefit from the death. Most states have laws preventing someone who has murdered the victim from inheriting assets from the diseased. However, the challenge is determining who is responsible for the death, according to the... Continue reading
Posted Sep 1, 2017 at Forbush Goldberg, PLLC
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It may be possible that memories still exist but are difficult to call up. A new study on mice may reveal that memories still exist for Alzheimer’s patients but they just cannot recall them for some reason, according to the Washington Post in "Scientists reawaken memory in mice that had... Continue reading
Posted Aug 31, 2017 at Forbush Goldberg, PLLC
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The job of personal representative is likely to go more smoothly, if the focus is on basic duties. The Glenmede Blog recently noted that organization and focusing on the basics can make the job of personal representative much easier in "Top 5 Things to Remember if You're the Executor," including:... Continue reading
Posted Aug 25, 2017 at Forbush Goldberg, PLLC
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Large donations to museums resulting in a tax break, often draw a watchful eye from regulators. A story was reported recently in The New York Times about a donation to a museum in Canada that has drawn some criticism from the country’s regulators in "Canada Debates Whether Gift of Leibovitz... Continue reading
Posted Aug 24, 2017 at Forbush Goldberg, PLLC
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While proper behavior is the norm at funerals, it is not always the case and a funeral director’s life may become more interesting. Television and movies sometimes portray funerals with a humorous twist. However, real life people at funerals behave with respect and dignity. However, that is not always the... Continue reading
Posted Aug 23, 2017 at Forbush Goldberg, PLLC
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A divorce can throw a a lot or problems into the family’s future plans. Marriages are wonderful but it might be wise for parents and grandparents to consider what might happen to the estate plan, if the honeymoon ends way too soon, according to the Wills, Trusts & Estate Prof... Continue reading
Posted Aug 22, 2017 at Forbush Goldberg, PLLC
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As more people follow the trend of remaining in the work force after the traditional retirement age of 65, a period of adjustment is required. The adjustment to employment trends, as well as saving trends, can sometimes create difficulties between employees and employers, according to the Washington Post in "Retirement,... Continue reading
Posted Aug 21, 2017 at Forbush Goldberg, PLLC
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INXS lead singer was reported to be nearly penniless when he died. INXS lead singer Michael Hutchence died in 1997 leaving behind a trust fund that was believed to be unfunded, yet family members now think his daughter will inherit millions when she turns 21, according to the Daily Mail... Continue reading
Posted Aug 18, 2017 at Forbush Goldberg, PLLC
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How a person accumulated wealth is a key factor in the decision on eligibility to receive benefits. Wealthy people are eligible for Social Security, as long as they did not accumulate their wealth through passive means, according to The Motley Fool in "Do Billionaire's Get Social Security?" If a person... Continue reading
Posted Aug 17, 2017 at Forbush Goldberg, PLLC
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A reduction in Medicaid could have an impact on long-term care in a nursing home. Medicaid was set up to provide health care for poor people, including the elderly. Most of the people in nursing homes now receive Medicaid to pay for their care, according to The New York Times... Continue reading
Posted Aug 16, 2017 at Forbush Goldberg, PLLC
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Quincy Jones claims he suffered elder financial abuse. A judge has rejected a claim by music producer Quincy Jones that he suffered elder financial abuse at the hands of Michael Jackson’s estate, according to TMZ in "Quincy Jones I suffered Financial Elder Abuse ... Judge in MJ Case Rejects Claim."... Continue reading
Posted Aug 15, 2017 at Forbush Goldberg, PLLC