by Arthur Geffen | Mar 1, 2011 | Guardianship, Probate, Trusts
$250,000 to protect you from yourself and you have to pay! Keenan, a 46-year-old man who awoke from a coma 10 years ago and regained the use of his body and brain, contended Colorado State Bank and Trust had an inherent conflict of interest when it used his money in a...
by Arthur Geffen | Sep 30, 2010 | Estate Planning Solutions, Trusts
Sham trusts and trust scams are usually sold at high pressure seminars, by door-to-door salesmen, and on the internet. In some cases, they are recommended by well meaning but poorly informed CPA’s, financial advisors, friends, or business acquaintances. The...
by Arthur Geffen | Sep 27, 2010 | Income Tax, Trusts
Estates and nongrantor trusts must file income tax returns just as individuals do, but with some important differences. For one, their income is taxed at either the entity or beneficiary level depending on whether it is allocated to principal or allocated to...
by Arthur Geffen | Aug 23, 2010 | Estate Planning Solutions, Medicaid, Special Needs, Tax Solutions, Trusts
The Newcomers needed to make sure the money they leave him won’t make him ineligible for insurance and services he needs. So they’ll leave his inheritance to a special-needs trust set up to protect Jerry and his assets. Experts suggest trust funds for children...
by Arthur Geffen | Aug 19, 2010 | Estate Planning Solutions, Trusts
The prospect of a government attack on a popular estate-planning technique, referred to as a grantor retained annuity trust, or GRAT, has been a topic of much discussion among wealth advisors and tax professionals over the past several months. Estate Planning:...
by Arthur Geffen | Aug 12, 2010 | Estate Planning Solutions, Probate, Tax Solutions, Trusts, Wills
Yes, estate planning terms can be confusing, particularly since different estate planning attorneys use different terms that can mean the exact same thing. Living Trust vs. Revocable Living Trust – Do You Know the Difference?
