Our Estate Planning Blog
With COVID-19 impacting more and more Americans, individuals across the country are scrambling to set up wills and end-of-life directives.
To paraphrase Mark Twain: reports of the death of state estate taxes are greatly exaggerated. In fact, there are recent signs that states are starting to beef up their estate tax laws, instead of tearing them down. This, of course, is bad news for wealthier Americans, who had hoped that state lawmakers would continue burying these taxes.
During the COVID-19 pandemic, having a care plan is an important part of emergency preparedness for older adults and their caregivers.
The Internal Revenue Service is postponing the date for filing gift tax and generation-skipping transfer tax returns and making payments until July 15, 2020, because of the novel coronavirus pandemic.
The US Chamber of Commerce compiled a list of starting points for small businesses seeking relief from the COVID-19 crisis.
With all the media buzz about guardians stealing money from those whom they are meant to protect and overall financial abuse issues involving seniors, it’s a good moment to revisit how surrogate decision-making works.
In these uncertain times, it’s more important than ever to have your legal, financial and medical ducks in a row.
Late on Thursday evening, Governor J.B. Pritzker signed his 14th COVID-19-related Executive Order, making it much easier for individuals to execute estate planning and healthcare
Treasury Secretary Steven Mnuchin announced Friday that the administration has moved the IRS deadline for filing taxes from April 15 to July 15 due to the disruption caused by the coronavirus.
About 55% of Americans do not have a will. Even more worrisome is the fact that less than one in five millennials have a will. The top reason why Americans don’t have a will, is simply procrastination, followed by the feeling of not having enough assets, and a fact that it’s too expensive to set up.
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