Keeping Orange County informed on the latest and greatest information on estate planning & elder law.
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Trust “Protector” Power – Potential Pitfalls It used to be that you would write out your will, name some trustees and hope for the best for all of eternity. But, increasingly, folks aren't leaving it -
Facebook Founders Find Estate Planning Fix Mark Zuckerberg and Dustin Moskovitz, the co-founders of Facebook and two of the world’s youngest billionaires, may seem too young to be thinking about estate -
Surprise – U.S. Is “Tax Haven” For Multinational Families? Multinational families are increasingly turning to high-end estate and tax planners to reduce tax bills when they shift money to children living in the U.S., -
Inherited Wealth – A Blessing Or A Curse? Despite the bitter economic downturn, one part of the American dream is alive and well: the possibility of sudden wealth. Yet such life-changing windfalls can -
IRS Relaxes “Innocent Spouse” Relief Rules The IRS has significantly lowered the bar for innocent spouse relief. The rules of the game have changed. A spouse who was denied relief under the old rules -
Son Seeks Eviction Of Elderly Mother From Her Home Peter Kantorowski wanted his 98-year-old mother to move into a nursing home or live with him. She wouldn’t go; she didn’t want to leave her home of nearly 60 -
IRS Changes Its “Power Of Attorney” Rule for Spouses Couples who filed joint returns must now file separate powers of attorney. -
When Bankruptcy Looks Like Peonage … Or Not Does slavery still exist in the United States? Mr. Derrick Dewayne Gordon seems to think so. -
Simple Math Makes it Even More Difficult to Find a Nursing Home for Dad Searching for a nursing home for his hospitalized father in semirural Massachusetts, a friend of mine recently came up against an unexpected barrier. -
Savvy Givers Give Strategically “If you’re wealthy, you set up your own private foundation… You get a deduction now, but you don’t have to give it all away right away. You can do it in a much -
Asset Protection Requires Proper Planning Many people faced with mounting pressure from creditors are unaware of how to protect their assets, and very often it is too late once they are already in -
Unclaimed “Death Benefits” Await Claims One billion dollars. That is the amount of money state regulators estimate is sitting on life insurers' books and owed as death benefits, some of it languishing