Estate Planning

Turning 18 brings big changes for young adults and their parents

How to be legally prepared for the new laws that affect you An 18th birthday opens new doors for minors and presents the independence of a fresh adulthood for children. Recognized as a young adult by almost every state in the union, these minors are finally legally able to vote, enter into contracts and make… Continue reading Turning 18 brings big changes for young adults and their parents

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Estate Planning

Estate Planning and New Tax Bill

Estate planning goes beyond estate taxes and to the heart of protecting what's most important to you; your family's legacy, their goals and dreams.

Estate Planning

Retirement- Things to Consider Beyond Savings

When a business owner thinks about retirement, he typically settles on one of two plans- sell the business or gift to his children. The choice between the two are usually very personal and will coincide with the goals of the business owner. For each option, there are different considerations, and necessitates the implementation of a… Continue reading Retirement- Things to Consider Beyond Savings

Estate Planning

Estate Planning & the Fiscal Cliff: What to expect if Congress and the White House do not reach a compromise.

Estate Planning & the Fiscal Cliff: What to expect if Congress and the White House do not reach a compromise. If you have been avidly following the fiscal cliff conversation between Congress and the White House, you will have realized that it is quite probable, even possible, that there will be no action taken to… Continue reading Estate Planning & the Fiscal Cliff: What to expect if Congress and the White House do not reach a compromise.

Estate Planning

Debunking the “Trust Administration Myth”

I just wrapped up my first trust administration and from this experience, this blog entry was born. Based on the questions asked by my client, I realized that many individuals out there are sorely uneducated about this process. Below is a brief explanation of this process.One of the primary misconceptions that I have encountered is… Continue reading Debunking the “Trust Administration Myth”

Estate Planning

Dusting the cobwebs on that “old” estate plan

Estate plan aren't created to be current throughout your lifetime. When drafted, they are based on the current climate of the estate tax laws and your own circumstances, with some flexibility built in. The changing legislative, economic and social times can have more of an effect on your existing estate plan than you think. This is why, if… Continue reading Dusting the cobwebs on that “old” estate plan

Estate Planning

May newsletter-The Law Office of Jan Alcide

To commerate the month of May and most importantly, Mother's Day, the Law Office of Jan Alcide published its first newsletter. This series of quarterly newsletters will introduce various topics of interest in Estate Planning. If you have any suggestions of particular topics, post your comments below. Enjoy! And for all you mothers out there. Happy Mother's Day.  newsletter