by Arthur Geffen | Jun 25, 2015 | Estate Planning, Estate Planning Solutions
A few cogent reasons for setting up revocable trusts. Millions of Americans die each year without any type of estate plan in place, and this forces their families into the court system, where they experience the high cost and time delay characteristic of probate...
by Arthur Geffen | Apr 9, 2015 | Beneficiaries, Estate Planning, Estate Planning Solutions
Here’s your challenge — and please don’t delay. Right now, today, check with the trustees of all 40l(k), IRA and insurance policies to make sure you have updated and named the beneficiary you really want to receive the money! Changing...
by Arthur Geffen | Apr 7, 2015 | Estate Planning, Estate Planning Solutions
Every Estate Plan is different, but the following is a list of seven ESSENTIAL Documents that should comprise yours: Will Durable General Power of Attorney Durable Medical Power of Attorney Physician’s Directive or Living Will HIPAA Release Designation of...
by Arthur Geffen | Feb 6, 2015 | Estate Attorney, Estate Lawyer, Estate Planning, Estate Planning Solutions
Trusts, which can range from simple to extremely complex, are a standard tool in the anti-estate- tax arsenal. There is just one firm rule: If the trust benefits a spouse, “you must cause the trust to be included in the second spouse’s estate, for estate- tax...
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...
