Insights

Advantages and Disadvantages of Irrevocable Trusts

One of the most common questions when considering trusts is whether to make them irrevocable.  The most common type of trusts, however, are “revocable living trusts,” which can become irrevocable upon the death of its creator (i.e., “grantor” or “trustor”) and often leads to confusion about revocable versus irrevocable trusts. The following is a brief …

Common Questions Clients Ask Us About Trusts

Planning for the end of life is one of our clients’ most difficult tasks. When developing an estate plan, trusts may be something you consider, regardless on an individual or family’s net worth. These are some of the most common questions clients ask us about trusts. What is a Trust? In general, a trust is …

2018 Spring Newsletter – Experienced Lawyers Committed to Results

Estate planning implications of the new increase in wealth transfer tax exemptions. The Revenue Reconciliation Act of 20171 (the “2017 Tax Act”) is revolutionary legislation that drastically changes many areas of federal tax law, and for the most part brings tax reduction. And yes, as is often the case with new tax legislation, there are matters …

You are a Director, Officer or Manager and Just Got Sued, Now What?

You served as a director and/or officer of a corporation and have just been named as a target of an investigation and in a civil lawsuit as a defendant.  Can the corporation help you with hiring an attorney, paying counsel and defending your position?  Or maybe you are a manager of an LLC under the …

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