Keeping your financial affairs private!

KEEPING YOUR FINANCIAL AFFAIRS PRIVATE!

Gabriel Katzner - February 16, 2021 - Estate Planning

Almost all would agree that 2020 was a year like no other. The lockdowns and the relentless barrage of news about COVID-19, the death rate, and problems with health care made even the most optimistic pause to consider their own mortality. Estate planners reported that an escalating number of new clients and clients they had […]

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Selecting an executor has legal requirements.

LEGAL REQUIREMENTS TO CONSIDER WHEN SELECTING AN EXECUTOR

Gabriel Katzner - August 24, 2020 - Estate Planning

The person you choose to be the executor of your estate (also called a personal representative) will be responsible for gathering, managing, and ultimately distributing everything you own after you pass away. You’ll need to make your selection very carefully; Don’t just choose your oldest child by default. If a friend or advisor is better […]

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Administering a hoarder's estate.

ADMINISTERING A HOARDER’S ESTATE: WHAT YOU SHOULD KNOW

Gabriel Katzner - July 13, 2020 - Probate

Hoarding is not to be confused with general messiness, and it’s not an accurate way to describe someone who stockpiles a six-month supply of toilet paper. It’s actually a serious mental disorder that prevents people from discarding items, regardless of their value, and generates severe stress at the mere thought of doing so. It’s very […]

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COVID-19 and estate planning

COVID-19 AND THE IMPORTANCE OF ESTATE PLANNING

Gabriel Katzner - April 20, 2020 - Estate Planning

Coronavirus has been a world-altering event, and for some people, what begins as a small cough can quickly escalate into a serious illness. Thankfully, for most, the symptoms appear to be mild. But it’s crucial for everyone, especially those in good health, to take steps to protect those around us who are more vulnerable if […]

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Can you disinherit your spouse?

YOU CAN’T EASILY DISINHERIT YOUR SPOUSE

Gabriel Katzner - April 10, 2020 - Estate Planning

In the U.S., it’s somewhat easy to disinherit family members like siblings, children, nieces, nephews, and grandchildren if you’re inclined. But it’s not easy to disinherit your spouse. In most states and the District of Columbia, you can’t intentionally disinherit your spouse unless your spouse agrees to receive nothing from your estate via a prenuptial or postnuptial agreement. […]

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Leaving wealth to your children

LEAVING WEALTH TO YOUR CHILDREN: WHICH DISTRIBUTION METHOD IS BEST?

Gabriel Katzner - April 6, 2020 - Estate Planning

If you are a parent, you love to help your children and leaving them an inheritance is a tangible way to show your love after you are gone. There are a variety of ways that you can do this, and you should choose the method that best takes your goals, including their wellbeing, into account. […]

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Is a handwritten will a good idea?

HOW STRONG IS A HANDWRITTEN WILL?

Gabriel Katzner - February 4, 2020 - Wills

When Aretha Franklin passed away in 2018, her family and lawyer initially thought she had died without a will. But earlier this year, three handwritten wills were found in Franklin’s home in Detroit. Two from 2010 were locked in a cabinet and one from 2014 was found hidden under a couch cushion. Franklin’s attorney filed […]

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ethical will

ETHICAL WILLS – PASSING YOUR VALUES TO THE NEXT GENERATION

Gabriel Katzner - December 16, 2019 - Wills

Each person accumulates a wealth of knowledge and experience during a life well-lived. No matter how wealthy you may be, you have a great deal to share with your loved ones. An ethical will, sometimes also called a legacy letter, is a great way to pass on the wisdom that you have acquired. This can […]

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Refuse an Inheritance

WHAT IF I REFUSE AN INHERITANCE?

Gabriel Katzner - November 7, 2019 - Income Tax Planning

An inheritance might seem like a positive event or a beneficial financial windfall, but there are several circumstances in which declining an inheritance might be a good idea. If you comply with certain requirements, the law does allow you to refuse an inheritance if you choose. This rejection is called a “disclaimer,” and is defined […]

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