In our busy practice, we tend to see certain recurring errors. In particular, we see planning errors that arise during the estate administration process after someone dies. Below are a few of these common errors, and, in the spirit of, “An ounce of prevention is worth a pound of cure,” we also discuss steps that
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Gudie Illustrates the Risks Faced by Fiduciaries
By Steven M. Saraisky on
Posted in Estate Tax, Legislation
One of the most basic reasons to have a Will is to name an executor. The executor gathers and manages assets, administers the estate, pays bills, pays taxes, and ultimately distributes the estate assets to the decedent’s beneficiaries. The “paying taxes” part of the job can be difficult. People don’t like to pay taxes. Also,…
Have You Checked Your Estate Planning Lately?
Just as it is important to go to the doctor, the dentist and the eye doctor and to review the status of your finances on a regular basis, it is as important to reevaluate your estate planning on a regular basis.
Over the course of any period of years, there can be multiple issues which…