Not exact matches
«I hear all kinds of excuses from business owners who don't want to get involved in
estate planning,» confides Joshua Rubenstein, a partner in the
estate and trust department of New York City
law firm Rosenman & Colin.
This discussion also
does not consider any specific facts or circumstances that may be relevant to holders subject to special rules under the U.S. federal income tax
laws, including, without limitation, certain former citizens or long - term residents of the United States, partnerships or other pass - through entities, real
estate investment trusts, regulated investment companies, «controlled foreign corporations,» «passive foreign investment companies,» corporations that accumulate earnings to avoid U.S. federal income tax, banks, financial institutions, investment funds, insurance companies, brokers, dealers or traders in securities, commodities or currencies, tax - exempt organizations, tax - qualified retirement
plans, persons subject to the alternative minimum tax, persons that own, or have owned, actually or constructively, more than 5 % of our common stock and persons holding our common stock as part of a hedging or conversion transaction or straddle, or a constructive sale, or other risk reduction strategy.
While everyone should document their wishes with an
estate plan, it's especially important for you because some state
laws don't take domestic partnership into account, and next of kin
laws are more likely to deviate from who you would choose as your next of kin.
I think some of the mistakes that people have by approaching those firms, and saying «Hey, you have to market your way in this way, or that,» they could have a very busy practice
doing estate planning, some real
estate work, some family
law, you name it, and they're
doing a very nice job of that.
Publications and Presented Materials «Florida's Homestead
Laws May Trump Your
Estate Plan,» Brinkley Morgan Legal Talk Blog, April 6, 2017 «Don't Be Like Prince — Don't Die Without a Will,» Brinkley Morgan Legal Talk Blog, August 18, 2016 «Choose Your Trustee (and Other Fiduciaries) Wisely,» Brinkley Morgan Legal Talk Blog, June 25, 2015 «Higher
Estate Tax Exemption Changes Focus to Income Tax
Planning,» Brinkley Morgan Legal Talk Blog, July 24, 2014
Not only
do we need to educate business owners on the preventative steps for their corporate well - being, but the same applies for individuals, particularly regarding consumer rights, family
law, and
estate planning.
If one person
does high risk / high reward contingency cases, and the other attorney handles more «cash - flow» cases like family
law or
estate planning, that can be a great financial combination.
Aaron Street: Yeah I mean I think this can be taken too far, so if you had an example like Brad where he only represents criminal defendants and therefore there's no risk of him having a conflict come through the site when he's getting actual information about actual cases, but you could see in a litigation, let's say a family
law lawyer, if their website were trying to collect information to provide tools as both an intake and access to justice solution that you potentially run into tremendous conflicts of interest problems there and I think obviously any lawyer considering pursuing this for their firm should think through the implications of their particular situation, but I think what Brad's
doing is awesome in the context of his criminal
law practice and I think there are versions of a similar model that could be used in something like your debt collection defense practice or a small business startup practice or an
estate planning practice, but that doesn't mean that it's a model that should be replicated by every lawyer in every practice.
For smaller firms and solos, there's always a temptation to
do nothing but react to the moment, says Bill Wilson, principal at The
Law Offices of Wilson & Wilson and The Center for
Estate Planning and Elder
Law, based in west suburban LaGrange.
Alexis Neely: The big mistakes that most
estate planning lawyers are making is that they are
doing estate planning the way that we were taught in
law school, which is forms and documents.
It just felt more and more like it didn't reflect who we were now, so last year, we were thinking about possibly... We knew we needed to expand and
do some more
estate planning type stuff, and family
law stuff, because our clients were really asking for it.
However, because there is still some ambiguity in the
law on this point, the
estate trustee should reach out to the
estate's unsecured creditors to let them know (a) that the
estate does not have enough money to pay all debts in full and (b) that the
estate trustee is
planning to pay the
estate taxes before paying the other debts.
The blog covers mostly elder
law but is unique in the fact that its articles speak to people of all ages, going so far as to have a post entitled «Yes, Millennials, You
Do Need an
Estate Plan.»
For families who don't require particularly complex
estate planning, electronic wills will likely become the norm in the not too distant future, as recognized by the Uniform
Law Commission, which recently formed a drafting committee to work on a uniform electronic wills act.
Don't expect a golden handshake,» says Coxworthy, who practises administrative
law and
estate planning in St. John's, Nfld.
Lawyers sometimes fall into a trap of thinking that because they have a
law degree, they should be able to handle any legal issue themselves, even if they
do not have any experience in tax
law or
estate planning or some other area of the
law.
Thus Hingham - based Danielle Van Ess explains what
estate planning does and who needs it at her blog on Massachusetts wills, trusts and
estates law.
Tim Slating, Assistant Executive Director, Communications of the ISBA stated, «The new
Estate Planning system and accompanying forms on IllinoisBarDocs were designed specifically for use with clients who don't need complex estate planning — the vast majority under the new ta
Estate Planning system and accompanying forms on IllinoisBarDocs were designed specifically for use with clients who don't need complex estate planning — the vast majority under the new
Planning system and accompanying forms on IllinoisBarDocs were designed specifically for use with clients who don't need complex
estate planning — the vast majority under the new ta
estate planning — the vast majority under the new
planning — the vast majority under the new tax
law.
We don't typically deal with this level of
planning for individuals who are in their 30 ′ s or 40 ′ s, as under current
estate tax
law, and
estate is not taxable at the federal level until it is valued at over $ 5 million dollars, and you can imagine that very few individuals in their 30 ′ s and 40 ′ s have accumulated that sort of money.
She mostly
does family
law but wanted to expand her
estate planning practice, so she hired me.
Please
do not telephone the
law office with comments, questions, inquiries and other issues that
do not pertain to a present need and intention to engage paid legal representation in South Florida, or (if outside of Florida, for lawyers ONLY), to obtain a consult on family
law,
estate planning, amici or activist issues.
It's unlikely, however, that if someone were to advertise that employment discrimination issues or
estate planning could be
done by nonlawyer «equal professionals» who would recruit a «team lawyer» to represent the nonlawyer's client, attorney licensing regulators and UPL committes would not immediately recognize and respond to the unlicensed practice of
law, the facilitating by lawyers of the unlicensed practice of
law, and the advertising free - for - all that («appearance of impropriety») implies multiple other possible ethical violations.
Generally, in
estate planning, this is a document which guarantees payment in the event that a person responsible for money or property distribution
does not act in accordance with the will or trust, the
law, or his or her fiduciary duties.
If you have legal concerns and are unsure of what to
do, contact an experienced family
law attorney or
estate planning lawyer at Bush & Heise today.
I have not completely abandoned this area of work and continue to upgrade myself through formal courses, reading case
law and commentary and self - learning — though my focus
did change years ago to more fully encompass
estate planning,
estate administration, business succession
planning and elder
law.
I
do recommend you consult with an attorney knowledgeable in
estate planning and elder
law and a CPA.