Continue Reading Uncertainty, COVID-19, and Estate Planning: A Unique Opportunity to Plan
Effect of Kaestner on Non-California Trusts With California Beneficiaries
On June 21, 2019, in a unanimous decision, the U.S. Supreme Court held as unconstitutional a North Carolina statute that had been interpreted by North Carolina to mean that a
Continue Reading Effect of Kaestner on Non-California Trusts With California Beneficiaries
Greenberg Traurig’s Todd Steinberg Quoted in Forbes
Greenberg Traurig Shareholder, Todd Steinberg, was recently quoted in Forbes where he discusses, in particular, the estate tax repeal. The article is in response to recently issued bill, H.R.1,
Continue Reading Greenberg Traurig’s Todd Steinberg Quoted in Forbes
Making Final Arrangements for Funerals and Dispositions of Remains
Unlike Halloween, funeral arrangements shouldn’t be a spooky mysterious process. If your wishes are not specified in writing, how will your family and friends know your ideal ultimate resting place?
Continue Reading Making Final Arrangements for Funerals and Dispositions of Remains
State Law on After-born Children Leads to Revocation of a Will
State statutes play an essential role in drafting estate planning documents, especially a will. In some states, the birth of a child after the execution of a will may result
Continue Reading State Law on After-born Children Leads to Revocation of a Will
Don’t Forget Your Beneficiary Designations!
Life-changing events such as marriage, divorce, and death require a review of the beneficiary designations for life insurance policies and retirement accounts. These types of assets often represent a significant
Continue Reading Don’t Forget Your Beneficiary Designations!
What Happens to My Social Media Accounts When I’m Gone?
When working on their legacy plan, most individuals focus on their finances and real and personal property. However, over the past few years and the rise of social media, many
Continue Reading What Happens to My Social Media Accounts When I’m Gone?
President Barack Obama Signs New Legislation Regarding Special Needs Trusts
On Dec. 13, 2016, President Barack Obama signed the 21st Century Cures Act (Act) allowing individuals to create their own self-settled special or supplemental needs trust (SNT), without having
Continue Reading President Barack Obama Signs New Legislation Regarding Special Needs Trusts
Trusts Can Provide Benefits Even for the Most Financially Savvy
In planning for the next generation, many parents struggle with the decision of whether to transfer property to their children outright or in trust. Some feel that transferring property outright
Continue Reading Trusts Can Provide Benefits Even for the Most Financially Savvy
Treasury Department Issues Proposed Regulations That Will Dramatically Reduce Valuation Discounts
On Aug. 2, 2016, the Treasury Department issued proposed regulations under Section 2704 of the Internal Revenue Code that, if finalized in their present form, would substantially alter the valuation
Continue Reading Treasury Department Issues Proposed Regulations That Will Dramatically Reduce Valuation Discounts