In the world of estate planning, the best offense to changes in the law and life circumstances is usually a good defense. Rather than running to court or the drafting attorney each time a crisis occurs, estate plans can be drafted “defensively,” such that several escape hatches or ... Views: 1520
The myriad options presented to homebuyers when titling real estate have significant tax, asset protection, and estate planning consequences. Failing to consider these issues often results in unanticipated taxes, liability, fees, and headaches. This article discusses a variety of potential ... Views: 1364
Companionship animals play an important role in the lives of humans. Cats keep us company on the couch. Dogs play Frisbee with us at the park. Pets can even prolong a person’s life, lowering the risk of heart attack and rates of depression. Despite these beneficial effects in the lives of ... Views: 1097
Durable Powers of attorney are an essential ingredient in a complete estate plan, which allow for continued financial management in the event of incapacity. Under a durable power of attorney, an attorney in fact makes financial decisions on behalf of the principal. The attorney in fact can be ... Views: 1342
Estate Planning for International Clients: Three Traps for the Unwary
International clients living in the United States face a number of Estate Planning challenges. For the unwary, a lack of planning can lead to disaster. Imagine, for instance, the shock of a British citizen working at a ... Views: 1134