We are a mere four weeks away from estate tax D-Day. Congress has failed to resolve the estate tax mess over the last eleven months. With the Lame Duck Congress wrestling with the Bush era tax cuts, the pundits are projecting that Congress won’t act now, either. That would mean that on Jan. 1, 2011,…
Everyone knows that a Last Will and Testament describes how you want your affairs managed when you die, who is in charge, and who you want to have your property after you die. Michael Jackson, Elvis Presley and Jackie Kennedy Onassis each had one. Who can write a Will? Anyone who is age 18 or older can…
You know where you are. You assessed your current situation. You know the people you care about, what you own and the approximate value, your income and your health. You also took the time to define what you want your future to look like for the good and bad days. The bad days cover…
A traditional way to make such a change is to petition the Court for approval to change, give notice to all the interested persons, and if someone is a minor, have a representative appointed by the court to represent that minor. This can be expensive, take lots of time and may not work. An informal…