Many people are familiar with the recent headlines relating to embattled Clippers owner Donald Sterling and the forced sale of the franchise resulting from an audio recording that was released wherein Mr. Sterling purportedly made some very racist remarks. While it would appear that Mr. Sterling stands to profit greatly from a sale of the Clippers team (even if it is against his will), there are some serious estate planning considerations that his legal and financial advisors must have … [Read more...] about What Donald Sterling’s Ordeal Can Teach Individuals About Estate Planning and the High Cost of Capital Gains Taxes
New Hampshire Estate Planning: Separating Fact from Fiction
New Hampshire Estate Planning: Separating Fact from Fiction from Daniel DeBruyckere Estate planning is for everyone, not just the wealthy. Here are a few of the biggest misconceptions associated with New Hampshire estate planning. … [Read more...] about New Hampshire Estate Planning: Separating Fact from Fiction
Free Report: April is Parkinson’s Awareness Month
April is Parkinson's Awareness Month and it's an ideal time to take a look at your estate plan to ensure you've made accommodations should you or a loved one is diagnosed. Topics covered in this report include: Identifying Parkinson's diseasePlanning Ahead Click here to read the whole article or download the PDF. … [Read more...] about Free Report: April is Parkinson’s Awareness Month
Placing A Child’s Name on Titles to Assets
Very often estate planners will come across parents placing their child’s name on all of their accounts and on the deed to their home in an effort to save their child the hassles involved in the probate process and to provide the child with access to their accounts in the event of an emergency. Parents may consider their child to be completely trustworthy and responsible, and that may be the case, however, rarely do parents consider the unexpected events that happen in daily life. … [Read more...] about Placing A Child’s Name on Titles to Assets
HIPAA and Estate Planning
Although it’s been in effect for more than six months, there’s still a lot about the Health Insurance Portability and Accountability Act, or HIPAA, that many are unaware of. Not knowing, though, can mean big problems for anyone trying to reach you if you’ve been admitted into a hospital – and that’s just the tip of the iceberg. September was also an important month as more of the laws protections kicked in. Blame it on the advances of technology and privacy concerns that continue to grow in … [Read more...] about HIPAA and Estate Planning
Tax Planning and Other Benefits of Post-Mortem Planning in Massachusetts
Often, clients go the extra mile when it comes to effective and thorough estate planning. Always, in the back of their mind, they’re thinking a step ahead so that their family isn’t overwhelmed with legalities after they pass away. Through no fault of their own, however, their best intentions can sometimes fall short. This is where post-mortem planning can fill the gap. Planning after death provides a window for some changes to be made that would minimize an estate’s tax burden without … [Read more...] about Tax Planning and Other Benefits of Post-Mortem Planning in Massachusetts
A New Problem for Seniors: Data Breaches and ID Theft
Did you know that more than 600 million personal information records have been compromised due to data breaches, in more than 3,000 breaches, in less than ten years? It’s true and it’s a growing problem in the U.S. It stands to reason that a large portion of those 600 million records belong to senior citizens. It’s proving to be problematic and in ways you may not think. Elder law attorneys see the long term repercussions first hand. By now, most of us have heard of the many denial of service … [Read more...] about A New Problem for Seniors: Data Breaches and ID Theft
In New Hampshire, Wills Should be Priority
In 2012, the New Hampshire population was slightly more than 1.3 million and assuming the the national averages are applicable for New Hampshire residents, half of all adults who comprise that population have no will in place. While Americans are living longer, there's no denying a will can certainly lessen the burdens of loved ones as they go about the business of saying goodbye. For those in New Hampshire, wills and estate planning has never been more important. A will, simply stated, is … [Read more...] about In New Hampshire, Wills Should be Priority
Estate Planning for NH Small Business Owners
Small business owners are the heart of the American economy. When every other sector is struggling, it's the small businesses that keep on keeping on – regardless of how high unemployment is or how frustrating the new healthcare laws are. Unfortunately, they're also the ones most likely to find themselves struggling to understand the intricacies of estate planning. There are specifics associated with covering those bases – and one forgotten detail can change everything. For many NH small … [Read more...] about Estate Planning for NH Small Business Owners
Estate Planning in New Hampshire
Part of getting down to the business of defining one's estate plan is understanding what it is, how it can protect your family and assets and then ensuring it's filed properly with your New Hampshire estate planning attorney. This week, we delve a bit further into estate planning with the goal of better understanding those dynamics. If you've not put an estate plan in place, this just might be the ideal time to unload that burden. Essentially, estate planning is a process that allows one to … [Read more...] about Estate Planning in New Hampshire
