The estate tax is a resilient part of the U.S. tax code. Despite calls to abolish the so-called federal “death tax,” it remains. An increase in the gift tax exemption from $5.49 million to $11.2 million (double this figure for couples), however, means...
From an adopted chihuahua to a special cat or bird, pets brighten days for many in various stages of retirement. And in some cases, they may even serve in a support role helping their person through Arrhythmia attacks or other medical conditions.When on a fixed...
With every day that passes, adult siblings who grew up together get farther away from their common upbringing. Over time, many relationships become frayed - and often break down altogether after a parent's death gives rise to an inheritance dispute.What can families...
Since 2004, Colorado has allowed families to use beneficiary deeds to transfer real property (a home in Denver or a family cabin in the mountains) outside of probate. We must again stress that this strategy cannot replace a comprehensive estate plan. Get legal advice...
Beneficiary designations on pay-on-death accounts – life insurance, 401(k) or Roth retirement funds and saving/checking accounts – are too often ignored.Upon purchasing a life insurance policy or setting up a Roth, your loved one probably listed a...
Hard to believe as it is, the artist passed away two years ago in April 2016. In the meantime, his home at Paisley Park has been turned into a public museum. And his $100 to $300 million-dollar estate is still being fought over by a sibling and half-siblings.In his...
A poll by TD Wealth asked attorneys, trust officers and accountants this very question. Their answer was family conflict - nearly half were on the same page that this is the biggest threat.Modern families come in many shapes. Blended families may include children from...
When a family is spread out across the country with parents in Colorado and children in Boston and San Francisco, who provides additional care for mom and dad? When is it time to investigate assisted living or nursing home options? For these types of families, it...
At our law firm, we provide estate planning and asset protection advice to clients in a wide variety of personal and business circumstances. When a client is a business owner, establishing a carefully thought out business succession plan is a key part of the process....
Artistic license, the scope of contract provisions and how Calpurnia would have acted are all involved in the dispute. If the parties cannot resolve their disagreements, it could delay the stage opening of "To Kill a Mockingbird." While she was still living, Harper...
