Gideon Rothschild, Esq., partner, now retired, with the New York City law firm Moses & Singer LLP. He is a past chair of the Real Property Trust & Estate Law Section of the American Bar Association. MosesSinger.com/gideon-rothschild
Some famous people—including Prince, Heath Ledger and now Aretha Franklin—died without a will. Even if you don’t have big assets, you still need one.
Being trustee of a life insurance trust is not just an honorary title—you really do have some key responsibilities that you must perform.
If you get divorced and fail to change your will, beneficiary designations and these other documents, there could be some very unwanted results.
An irrevocable trust doesn't have to be as irrevocable as you might think: To change an existing trust, decant it.
If you set up or updated your estate plan even just a year ago, big changes in tax law could be ruining its ability to protect you and your heirs.
If you have a formula clause in your will that determines how assets get divided, you must review it now in light of the new federal tax law.
The new federal tax law means that some previous lifetime gifts to heirs will now cost a family more of its wealth and should be reversed.
You have to walk a fine line to give your heirs just the right amount of control over their trusts. Here’s how to do it.
Many people leave wealth to their heirs only to have those assets scooped up by creditors or other outsiders. How to prevent that.
To Protect Your Family, Avoid These 4 Big Traps Whether you are wealthy or not, a well-designed trust can make…
If you have more than $1 million in assets, an important deadline is fast approaching to take advantage of some…