Attempts to settle allegations between a 94-year-old’s new wife and the rest of his family have failed. A lawsuit was filed against the San Antonio businessman’s new wife and a lawyer November 2009. The $15 millionaire died August 31, 2009 in his home. Family members have been asking questions that…
New York Probate and Estate Administration Lawyer Blog
New Estate Planning Laws Seem Frivolous, Says a New York Estate Planning Lawyer
There were some new estate planning laws that were recorded in the books just before the year 2010 ended, says a New York Estate Planning Lawyer. Some experts in the estate planning field say they are ridiculous and should be taken back off the books because they have a great…
New Guidelines For Singles Released
If you are a single person, then you might need to change how you have your estate distributed for the future, says a New York Estate Planning Attorney. New laws went in to affect that change the rules for 2011 and 2012 when it comes to estate and gift taxes.…
Massachusetts bill gives animal lovers option for putting pets in their wills
A new bill being introduced in Massachusetts gives people who love their pets a way to legally care for them after they die, according to a New York City Estate Planning Lawyer. Massachusetts is one of only 7 states in the US that, until now, had no such provisions made…
Financial benefits of marriage outweigh singles, explains NYC Estate Planning Lawyer
Over the years the institution of marriage has come under fire in a million ways. Marriage has become an accessory and not a commitment between two people to forge their lives together, come what may. For many of us, that way of thinking disappeared when we saw our own parents…
Tax Changes in 2010 May Affect Estates,
In late 2010, President Obama signed what was called The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010 or the Tax Act of 2010. This new Act mostly affects the wealthy and how they go about with their estates, says a New York Estate Planning Lawyer. The…
Trust funds for pets a growing trend, reports New York Estate Planning Lawyer
Coming home from work and staring down at the loving, happy eyes of our faithful dogs and furry cats, many of us have never considered what would happen to them if we died. Who would care for them? What would their lives become? A New York Estate Planning Lawyer noted…
Couple Wins Lottery and Gives it All Away, says New York Estate Planning Lawyer
Winning the lottery is the dream of many. And most of us talk large about how we’d give some to charity, while deep down we know we would buy that fancy sports car and four extra houses and then maybe use the rest of the money to enact revenge scenarios.…
$15 Million awarded to grieving family members of toll road crash, New York Estate Planning Lawyers report
The family members of one of the men killed in a 2005 Toll Road crash has just been awarded $15 by a federal judge reports New York Estate Planning Lawyers. In a recent court order issued against Net Trucking, a judge awarded the estate and money to a wife and…
2010: A Year Without Estate Tax
There has been a federal estate tax in the United States since 1915 – in 2010, it is gone, says a New York Estate Lawyer. The tax cuts signed into law by George W. Bush in 2001 increased the estate tax exemption to $3.5 million and reduced to the top…