Tax & Corporate Lawyer Blog
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Now Is The Best Time Of Year For Giving To Family Members
Most people make estate planning gifts near the end of the year, but the beginning of the year is a better time to make gifts. Fewer than 1% of estates will be taxable under current law, so most of us don’t need to make gifts to reduce estate and gift taxes. But there...
Revocable vs irrevocable trust: choosing the right one for you | Haven Life
Thinking about setting up a trust for your family? Learn the differences between revocable and irrevocable trusts and which may be the right fit for you.Source: Revocable vs irrevocable trust: choosing the right one for you | Haven Life
10 Essential Estate Planning Tips Everyone Should Know | Family Finance | US News
Drawing up the proper documents will ensure that your assets go where you want when you die. More than half of all American adults don’t have a will, and that can cause all kinds of problems if tragedy strikes.Source: 10 Essential Estate Planning Tips Everyone Should...
Did you know? Assets left to charity are not subject to federal estate tax.
Did you know? Assets left to charity are not subject to federal estate tax.
Dynasty planning can provide for the distribution/management of wealth for generations.
Dynasty trust planning is an estate-planning tool where a trust is established to benefit children and grandchildren. Assets in the trust can grow indefinitely without being subject to estate or gift taxes, and can continue to benefit future generations down the line.
There is some overlap between elder law and estate planning law.
As an attorney directly experienced in elder law issues and estate planning, Barry Gardiner can assist in many difficult issues, including incapacity planning and Medicaid planning.
Your estate plan is determined by your specific goals, whether simple or complex.
Every person’s estate planning needs are different. Let Barry Gardiner’s experience guide you to the optimal solution for you and your family.
Elder Law is an expansion of estates and trust practice.
The legal practice of what is known as elder law is an expansion of estates and trust practice, developed because of the increased need for medical care and financial management, as lifespans have (thankfully!) increased.
A living trust is less likely to be contested than a probated will, and it allows for more flexibility, confidentiality, and lower costs.
If you own real estate, or have more than modest assets, it’s possible that a living trust is the device for you, although you would still need a will. Barry Gardiner is an expert in all forms of wills, trusts and estate planning, and can help you find the best...
Estate Planning Definition & Example | InvestingAnswers
Estate planning is the act of preparing for the transfer of a person's wealth and assets after his or her death. Assets, life insurance, pensions, real estate, cars, personal belongings, and debts are all part of one's estate. Estate plans must be written, signed, and...