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In the world of estate planning, high net worth individuals and families increasingly recognize the importance of advanced planning, including the use of supplemental needs trusts (SNTs), as a powerful tool for ensuring the well-being and financial security of their...

A Beneficiary Intentionally Defective Irrevocable Trust (BIDIT) provides a unique planning opportunity because it allows a beneficiary to continue to benefit from his or her own assets while maintaining some level of control and also protecting such assets from estate...

The start of a new year is a great time to review your current estate plan or consider creating one. 2024 brings a number of opportunities for creating an estate plan, pursuing gifting strategies, and considering philanthropic goals. Here are a few estate planning...

Let's be honest.  Legal documents are not written in anyone's love language.  On Valentines Day, we undoubtedly would prefer to exchange thoughtful presents, enjoy an intimate meal with our significant other, or blush at the occasional small (or grand) romantic...

Ask anyone how they would define "trusts and estates law" and the odds are the answer will uniformly focus on the act of making the plan as to who will receive a person's assets when he or she dies. [...] By: Blank Rome LLPRead More

Practitioners involved with the administration of trusts and estates of a decedent may be confronted with the issue of dealing with one or more assets of a decedent discovered after the administration is believed to have been concluded. Consideration of timely...

There are a number of considerations to make when deciding whether to proceed with a Will-based estate plan or a trust-based estate plan. First, as a general matter, there are two ways in which your estate can be distributed to your ultimate beneficiaries upon your...

A health care agent is the person you designate to make medical decisions on your behalf in the event you are unable to make such decisions yourself. Appointing a trusted friend or family member as your agent ensures your health care providers follow your wishes. For...

Wills contain important information about who receives money, possessions, and property upon a person's death. Many often ask, who can view this information, and is it a public record? Once your will goes through probate, it becomes a public record. The probate court...

Isn't it interesting that success is built into business succession. Still, most US companies do not have a business succession plan in place. Read More