Eric Wilen spoke at the National Business Institute full day seminar entitled “Step by Step Guide to Drafting Will and Trusts” on Friday, February 9, 2019. Because of Eric’s expertise in tax, he presented to attorneys, accountants, enrolled agents, trust officers and...
Increasingly rapid changes in our economic life emphasizes the need to work with your lawyer and other professionals to create financial plans that protect your assets, maximize their potential and provide for efficient transfers. This is no longer merely drafting a...
Despite how careful you are, accidents and other problems can arise, including those caused by third parties, that put your personal and family’s savings and assets at risk. While you cannot absolutely protect all of your assets from the claims of creditors, even by...
One of your worries as a parent is what will happen to your children if you cannot care for them. While the common law has the answer if you fail to plan or make your wishes known, custodial care and judicial appointment of a guardian for your children and your...
A friend or relative makes a bequest to a disabled person in their will, hoping to make his life easier, but without proper legal advice that gift may have to be rejected by the recipient to avoid financial loss. A simple modification of the donor’s will could...
The American Taxpayer Relief Act of 2012 enacted on December 31, 2012 was publicized as reducing income tax rates for all but the most wealthy Americans, but surprisingly the main provisions of the federal estate tax survived intact. As of January 1, 2013, the federal...
