by Evan Powell | Jun 27, 2024 | Estate Planning, Life
A Will is an essential legal document that sets forth how you want your assets to be distributed upon your death. However, in some instances, your beneficiaries may want extra assurances that they will receive what was promised to them because they are concerned that...
by Evan Powell | Jun 20, 2024 | Estate Planning, Life
Trusts are one of the most commonly utilized tools in estate planning. A significant benefit of a trust is that it can last for many generations depending on how it is drafted. However, that can also be a downside. Sometimes, due to the evolution of laws and other...
by Evan Powell | Jun 13, 2024 | Estate Planning, Life
Few people can match the $1 billion donation of Ruth Gottesman to the Albert Einstein School of Medicine endowing the school to be forever tuition-free. However, incorporating charitable giving into your estate planning offers considerable rewards even at...
by Evan Powell | Jun 6, 2024 | Life
Gift tax returns are filed with the IRS to report gifts that exceed the annual exemption amount. This amount changes every year. For 2023, the amount was $17,000 and it has increased to $18,000 for 2024. As with any tax return, it is important to understand your...
by Evan Powell | May 30, 2024 | Litigation
One of the most important and least understood legal concepts is the hearsay rule. It’s drilled into all law students, but even the general public has heard the term in a television or movie courtroom drama. The problem is that attorneys, judges, litigants, and...