Total 1065 Posts
When making testamentary or inter vivos gifts, parents sometimes want to ensure that provision is made for the spouses of their children, whether it is by including such individuals as potential beneficiaries of trusts or as recipients of outright gifts. ….
Specificity Matters: Defining “Spouses” for Estate Planning Purposes Continue Reading »
Estate Administration, Estate Planning, Spouse, WillsThere is a tremendous responsibility in caregiving and it can also bring reward and satisfaction. While there is a sense for many, that ‘no one can do it better’ this journey can also be isolating…..
For Richer or Poorer in Sickness and In Health….Who Will Be the Caregiver? Continue Reading »
Estate Planning, Geriatric Care Management, In the NewsRecently a charity contacted me about a long-time supporter who had just died. The late donor intended to make a bequest of valuable artwork, but the gift was not mentioned in her will. The family and executor were willing to donate the art on the condition that the charity provides a receipt to the estate. Should the charity do it? The short answer is “no”. If a gift is not….
Is it really a Gift by Will? Continue Reading »
Estate PlanningThe breakdown of a marriage or common law relationship can raise a host of complex legal issues both for the living and the dead. One issue that seems to crop up again and again is life insurance proceeds and who should benefit. ….
The Beautiful And Damned (with apologies to F. Scott Fitzgerald) Continue Reading »
Estate Litigation, Estate Planning, InsuranceSome fancy footwork may be required to get one last shot at using the remaining capital gains exemption where the deceased’s intention is to transfer his or her assets to a spouse.
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Capital Gain Exemption on the Terminal T1 Return Continue Reading »
Estate Planning, Executors, Small Business, Wills