by Arthur Geffen | Jan 7, 2015 | Estate Planning
The biggest mistake people make with estate planning is to fail do any planning at all. Often, this is the result of people mistakenly thinking that there’s no need for estate planning if their estate is smaller than the estate tax exclusion amount ($5.43...
by Arthur Geffen | Jan 6, 2015 | Estate Planning
When it comes to estate planning, the most common mistake people make is, quite honestly, the simplest one: They fail to do it. Why is this the case, since the one thing we all know with certainty is that one day every single one of us will die? The answers are...
by Arthur Geffen | Nov 25, 2014 | Beneficiaries, Estate Planning
Many types of assets allow the owner to name a “beneficiary.” If the original owner later dies, ownership of the asset passes automatically to the named beneficiary. Because beneficiary designations are easy to use, they can be a key estate planning tool....
by Arthur Geffen | Oct 31, 2014 | Estate Planning, Estate Planning Solutions
State and federal estate and inheritance tax rates are what drive most people’s estate plans, but now that tax rates are falling and exemptions rising in many jurisdictions, how much people will leave their heirs isn’t what keeps them awake at night anymore....
by Arthur Geffen | Jun 27, 2014 | Estate Planning, Estate Planning Solutions, IRA
Before Leonard Smith lost his battle with cancer in 2008, he worked with his financial advisors and attorneys to make sure his children received the balance of his retirement funds when he died.A single mistake, however, thwarted his well-laid plans. Family...
by Arthur Geffen | Jun 26, 2014 | Estate Lawyer, Estate Planning, Estate Planning Solutions
Very Interesting 4 point article about why a living trust may be right for you. Many consumers and professionals now prefer an estate plan that uses a revocable living trust over a will as the primary estate planning document. Here are four reasons why:...
