Lee Rosenberg, CFP |
October 16th, 2009
Upon the death of a loved one, there are always questions among surviving family members. Whether their questions concern legal, financial, business or personal matters, the uncertainty of how to proceed can leave a mourning family in great distress. Worse still, without having specific guidelines to follow, conflicts can lead to feuding and law suits, or at a minimum, unnecessary ill will. Surely this is not what the deceased
Lee Rosenberg, CFP |
June 11th, 2009
Many of my widowed and divorced clients have gone on to remarry later in life (maybe even for a third time). It’s wonderful that they’ve found happiness, but from an estate planning point of view, it can be a real challenge to make sure that love does conquer all. Given their later stages, re-marrieds come to the altar with an array of entanglements- children, grandchildren, property, businesses, assets, health
Lou Karol, ESQ. |
May 15th, 2009
This year, it will be extremely important for everyone to review their estate plan. The substantial drop in both the financial market and the housing market as well as the increase in certain federal estate tax credits and exemptions may significantly impact your current estate plan.
FEDERAL ESTATE AND GIFT TAX AMOUNTS.
A. Federal Estate Tax Applicable Exclusion Amount\Tax Rate
The Federal estate tax applicable exclusion amount for 2009 is $3,500,000 which is substantially in excess of last year’s $2,000,000 amount. For individuals dying in 2009, the top estate tax rate is forty-five
Vincent Russo, JD, LLM, CELA |
March 6th, 2009
Many seniors have Powers of Attorney, but do you have the right one? This is a very important question because no one has the right to make financial decisions for you, unless you have legally appointed a person with the authority to act for you. The best way to give that legal authority is by executing a Comprehensive Durable Power of Attorney.
STATUTORY FORM
It is critical that your Power of Attorney is a NEW YORK STATUTORY FORM: DURABLE GENERAL POWER OF ATTORNEY. This means that the document must be followed by banks and financial institutions in New
Vincent Russo, JD, LLM, CELA |
January 30th, 2009
We understand how difficult it is to cope with the death of a loved one while trying to figure out probate and trust and estate administration. We can provide professional services to help ease your burden, both during the planning process, and when a loved one passes. You can relax knowing that the job is being done right
