by law_ewoxi5 | Apr 7, 2013 | Estate Planning News, News
Former New York City Mayor Ed Koch died February 1, 2013 leaving an estate with an estimated value of between $10 and $11 million. Since he was a public servant for a good part of his life, he may not be as concerned as most people would be to learn a much larger than...
by law_ewoxi5 | Apr 1, 2013 | Estate Planning News, News
Estate planning overlooked – Most parents plan just about every aspect of their child’s birth and upbringing even before the child is born – scheduling the birthing classes, planning the new nursery, even picking out a preschool. There is so much to...
by law_ewoxi5 | Apr 1, 2013 | Estate Planning News, News
The “poor man’s estate planning” sometimes refers to the practice of putting your child on the title to your deed. The idea is that when you die, the property automatically transfers to the child without having to go through the probate process. However, this “poor...
by law_ewoxi5 | Apr 1, 2013 | Estate Planning News, News
There is at least a perceived conflict between funding a child’s college education and building their retirement savings nest egg. The conflict usually arises from the lack of financial resources to do both while funding daily living expenses, so parents become stuck...
by law_ewoxi5 | Mar 18, 2013 | Estate Planning News, News, Newsletter Articles
The State of Virginia recently proposed a law that would provide families with access to the online accounts of a deceased relative. The law is in response to what happened when a 15 year old boy committed suicide two years ago and Facebook denied the family’s...
by law_ewoxi5 | Mar 18, 2013 | Estate Planning News, News, Newsletter Articles
Handling a windfall of cash is something we all would like to experience and sounds like a no-problem situation, but a big payout from lottery winnings, an inheritance, a lawsuit settlement can create significant problems. You will be showered by investment...