Gideon Rothschild, Esq.

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

Don’t Die Without a Will
Wealthy and Wise

Don’t Die Without a Will

Gideon Rothschild, Esq. | September 3, 2018

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.

Are You a Trustee of a Life Insurance Trust? Know Your Obligations!
Wealthy and Wise

Are You a Trustee of a Life Insurance Trust? Know Your Obligations!

Gideon Rothschild, Esq. | August 6, 2018

Being trustee of a life insurance trust is not just an honorary title—you really do have some key responsibilities that you must perform.

Divorce? Change Your Estate Planning Documents!
Wealthy and Wise

Divorce? Change Your Estate Planning Documents!

Gideon Rothschild, Esq. | July 9, 2018

If you get divorced and fail to change your will, beneficiary designations and these other documents, there could be some very unwanted results.

How You Can Change an Irrevocable Trust: Decanting
Wealthy and Wise

How You Can Change an Irrevocable Trust: Decanting

Gideon Rothschild, Esq. | June 11, 2018

An irrevocable trust doesn't have to be as irrevocable as you might think: To change an existing trust, decant it.

3 Estate-Planning Gotchas in the New Tax Law
Wealthy and Wise

3 Estate-Planning Gotchas in the New Tax Law

Gideon Rothschild, Esq. | May 21, 2018

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.

Does Your Will Contain This Formula for Disaster?
Wealthy and Wise

Does Your Will Contain This Formula for Disaster?

Gideon Rothschild, Esq. | March 19, 2018

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.

Uh Oh—Should Your Heirs Now Give Your Gifts BACK to You?
Wealthy and Wise

Uh Oh—Should Your Heirs Now Give Your Gifts BACK to You?

Gideon Rothschild, Esq. | January 25, 2018

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.

Beneficiary Control of Trusts—How Much Is Just Right?
Wealthy and Wise

Beneficiary Control of Trusts—How Much Is Just Right?

Gideon Rothschild, Esq. | January 25, 2018

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.

The Terrible and Shockingly Common Estate-Planning Mistake
Wealthy and Wise

The Terrible and Shockingly Common Estate-Planning Mistake

Gideon Rothschild, Esq. | January 25, 2018

Many people leave wealth to their heirs only to have those assets scooped up by creditors or other outsiders. How to prevent that.

Can You Trust Your Trust?

Can You Trust Your Trust?

Gideon Rothschild, Esq. | September 6, 2016

To Protect Your Family, Avoid These 4 Big Traps Whether you are wealthy or not, a well-designed trust can make…

Tax Alert: The Government Could Get Much More of Your Money
Estate Planning

Tax Alert: The Government Could Get Much More of Your Money

Gideon Rothschild, Esq. | October 24, 2012

If you have more than $1 million in assets, an important deadline is fast approaching to take advantage of some…