Volume 17 Issue 4 -- July/August 2013 What’s on the “A” List attached to your Revocable Living Trust (RLT)? Frequently RLTs have an attachment referred to as an “Asset” List or “A” List, which lists assets that have been, or should be, transferred to the RLT, such as real estate, closely held stock, security brokerage accounts, bank and savings accounts, and other assets of significant value.
July 1, 2013Volume 16 Issue 5 -- September/October 2012 Sam Savemoore saved more than most Army officers.
September 1, 2012Volume 14 Issue 1 -- January/February 2010 In the last two issues we have been looking at some of the basic duties of a Trustee.
January 1, 2010Volume 13 Issue 6 -- November/December 2009 In the last issue we looked at the basic duty of a Trustee — to administer the Trust impartially.
November 1, 2009Volume 13 Issue 4 -- July/August 2009 Some law firms seem to operate, whether intentionally or not, in a manner that has the effect of generating two, or more, sets of legal fees for the estate of one person.
July 1, 2009Volume 13 Issue 1 -- January/February 2009 Remember the days of royalty and the old saying — the king’s debtor lies dying, the king shall be first paid? Now, in place of royalty we have governments but much the same rule applies.
January 1, 2009Volume 11 Issue 6 -- November/December 2007 The health of Ferdinand (hereafter, “Ferd”) is failing, after his reaching age 85.
November 1, 2007Volume 10 Issue 3 -- May/June 2006 One of the banes of professionals who do estate planning is the oft heard phrase “well, I have a Will, therefore I don’t need to do anything else.” As indicated by a number of the newsletters on our website, having a Will often is not the equivalent of thoughtful estate planning.
May 1, 2006Volume 9 Issue 5 -- September/October 2005 In the last newsletter, we talked generally about the probate process and the duties of a Personal Representative (“PR”).
September 1, 2005Volume 9 Issue 4 -- July/August 2005 “Probate,” also sometimes called “estate administration,” is the legal term for the process of settling the affairs of a deceased person.
July 1, 2005Volume 9 Issue 1 -- January/February 2005 No, the title does not mean that you should have confidence in your Will. What the title refers to is Trust provisions contained in a Will. Let’s look first at the components of a Trust.
January 1, 2005Volume 8 Issue 4 -- July/August 2004 “I’m sure we all agree upon, and will remember, the important elements of this meeting and our understanding; therefore, there is no need to put pen to paper.” Surprisingly, there are people who have enough faith in the future to believe that an understanding, like the oral one above, will be carried through indefinitely and that the memories of those participating in the meeting will not fail or falter.
July 1, 2004Volume 7 Issue 6 -- November/December 2003 Here’s a quick refresher on Trusts. There are three parts to all Trusts.
November 1, 2003Volume 7 Issue 4 -- July/August 2003 Recently, in the companion newsletter, Tax & Business Insights, there was a discussion about business succession in families and small groups. Those newsletters prompted some useful input from a family business consultant named Rosamond Tompkins, here in Manassas .
July 1, 2003Volume 6 Issue 6 -- November/December 2002 It is not uncommon to find individuals who have decided to approach estate planning by putting real estate, often a home, in joint ownership, usually with a husband and wife, and an adult child or children. Is this a good idea?
November 9, 2002Volume 6 Issue 5 -- September/October 2002 During the past 32 months, I have become a reluctant authority on Medical Directives; my knowledge being obtained during my mother’s long, and ultimately unsuccessful, bout with Parkinson=s Disease.
September 1, 2002Volume 6 Issue 3 -- May/June 2002 Recently, a client of mine passed away, and her relatives immediately called me and asked, "What do we need to do?" Their concerns and questions made me realize that a practical guideline to refer to during such a stressful time would be very useful.
May 1, 2002Volume 6 Issue 1 --January/February 2002 How do you handle yourself? I am not talking about dealing with your weight or other sensitive issues. I mean, how do you deal with business issues involving your work, real estate and other activities? Sometimes a different — or reconstructive — approach to handling your affairs and an ounce of planning can save a ton of money in taxes and avoid headaches.
January 1, 2002Volume 5 Issue 5 -- September/October 2001 With the advent of the new, bizarre Federal estate tax structure — discussed in the May/June 2001 issue, Don’t Die Yet — Wait Until 2010 — what is a person to do regarding estate planning?
September 1, 2001Volume 4 Issue 2 -- March/April 2000 The paper upon which many family business agreements are written is extremely thin.
March 1, 2000Volume 2 Issue 4-- July/August 1998 Many family businesses evolve.
July 1, 1998
