It is estimated that more than 50 percent of all Americans don’t have a will, and in our Future File business, we have estimated that less than 10 percent of the U.S. population has a complete legacy and wishes planning system.
The fact is people’s names often change. People get married and divorced or sometimes just legally change their names.
Gifting interests in a closely held business can be an effective estate planning technique. It can save on estate taxes and reward family members for their hard work in running the family business, while transitioning ownership to the younger generation.
An irrevocable life insurance trust (ILIT) is a structure that cannot in any way be rescinded, amended, or modified, after its initial creation.
We are grateful to all of the men and women who have served our Country preserving our freedoms. Thank you, we appreciate your service and
Most people do not update their estate plans often enough. The most common (and most absurd) excuse for not updating planning, that most advisers hear is: Nothing has changed.
If someone has lost capacity to execute legal documents and has no power of attorney in place or has a power of attorney that is no longer usable (for example, if the named agents are deceased), a guardianship proceeding may be the only recourse.
Going straight from a busy work life to ‘retired’ can be difficult, if you haven’t mapped out your path. Preparing yourself effectively involves both financial and lifestyle choices.
Regardless of their actual financial standing, job title and income, many Americans—and probably most federal civil servants—would identify themselves as middle class.
U.S. News & World Report and Best Lawyers®, for the tenth consecutive year, announce the “Best Law Firms” rankings. Frankel, Rubin, Klein, Siegel, Payne & Pudlowski, P.C. has been ranked
Copyright © IMS. All rights reserved. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. All copies must include this copyright statement. Some artwork provided under license agreement.
