by Leslie Marenco | Feb 21, 2017 | Articles, Estate Planning
Last week I discussed the common concern about inheritance and taxes and I explained that there are actually three different types of taxes we are concerned with at death: income taxes, inheritance taxes, and both state and federal estate taxes. If you missed the post...
by Leslie Marenco | Feb 17, 2017 | Articles, Estate Planning
If your pet is beloved as a family member, you likely want to ensure that he or she will be well cared for in the event of your incapacity or death. Without explicitly stated wishes, these furry family members could end up without a home of their own, if you...
by Leslie Marenco | Feb 14, 2017 | Articles, Estate Planning
A common question that comes up when I speak with my estate planning clients or the beneficiary of an estate or trust is whether or not the beneficiary will have to pay any taxes on their inheritance. Before this question can be answered, the beneficiary needs to...
by Leslie Marenco | Feb 10, 2017 | Articles, Estate Planning, Estate Tax
Donald Trump has proposed a radical tax reform agenda for his presidency. Part of this reform is his intention to repeal the estate tax. For some people, this will be a considerable change with significant repercussions. But, because more changes to the tax code are...
by Leslie Marenco | Feb 8, 2017 | Articles, Estate Planning
Perhaps no life event imposes a more significant – and urgent – need to update an estate plan than a divorce. A divorce generally causes a radical change in both personal finances and family dynamics; in nearly all cases, both the husband and wife no longer want the...
by Leslie Marenco | Feb 3, 2017 | Articles, Estate Planning
Blended families, unmarried couples, assisted reproductive technology (ART) and same-sex unions and marriages challenge the traditional concept of “family” as it’s been known for legal purposes up until now. Significant changes in the way we define family...
