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Pet Trust

Does Your Estate Plan Include a Pet Trust?

A pet trust is a legal arrangement that specifies how your animal companions would be cared for and taken care of financially if you pass away, or if you become ill or disabled and can no longer take care of them yourself.

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Tax Consequences of Gifting

What Tax Consequences Are There for Gifting?

The federal estate and gift tax are unified and allow you to give away property above the annual exclusionary gift amount or for your heirs to inherit up to a total of $11.4 million currently, without paying gift or estate taxes and this increases with inflation.

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What is Power of Attorney

Estate Planning Can Solve Problems Before They Happen

The word ‘estate’ conjures images of great wealth, which may be one of the reasons why so many people don’t develop estate plans—after all, they’re not rich, so why make the effort? In reality, however, if you have a family, you can probably benefit from estate planning, whatever your asset level.

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Leaving a Legacy

Leaving a Legacy Is Not Just about Money

Leaving a legacy — sounds like something only wealthy people can do, right? It can be something like making a giant bequest to a university or passing on a significant estate to your children.

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Frankel, Rubin, Klein, Siegel, Payne & Pudlowski, P.C., Attorneys at Law

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