by Leslie Marenco | Dec 6, 2013 | Articles, Asset Protection, Estate Planning, Estate Tax, Gift Tax, Income Tax, IRAs / 401(k), Trusts, Wills
If you have not revisited your estate plan this year following the changes made to the estate and gift tax laws by the American Taxpayer Relief Act of 2012 passed by Congress on Jan. 1, 2013, ask yourself these 10 questions then schedule a meeting with your Estate...
by Leslie Marenco | Nov 29, 2013 | Articles, Trusts
Do you consider trusts to be instruments of the wealthy? While it is true that many Americans of means have trusts to protect and pass their wealth, there are a number of reasons why trusts can also be useful for middle-class families. Here are 7 of them:...
by Leslie Marenco | Nov 22, 2013 | Articles, IRS
According to a recent Forbes article, Americans donated more than $316 billion to charity last year–and most of that came from individuals. Holidays are a traditional time of giving, and not just because we like to get in those year-end tax deductions! Forbes...
by Leslie Marenco | Nov 15, 2013 | Articles, Trusts, Wills
Most of us who have a pet consider them to be a part of the family; unfortunately, the plans we may have so carefully put together to protect our loved ones do not take our pets into consideration. According to the ASPCA, only about 17% of dog and cat owners have...
by Leslie Marenco | Nov 8, 2013 | Articles, Uncategorized
If you are helping an elderly parent or relative manage their finances or have been given a power of attorney, then you have both legal and ethical obligations in your role as a fiduciary. Basically, a fiduciary is legally bound to: Act in the person’s best interest. ...
by Leslie Marenco | Nov 1, 2013 | Articles, Trusts
Many of you who have been asked by a family member of close friend to serve as the trustee of a trust are honored that the trust owner feels confident in relying on their good judgment to undertake this important responsibility. And it’s very likely you have no idea...
