Category Archives: Estate Tax

An Introduction to High-Net Worth Estate Planning

Estate planning is an important concern for anyone who desires their affairs be handled according to their wishes after their death.  Planning for high-net worth individuals and families is complex and dependent upon the particular desires of the family. High-net … Continue reading

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Estate Planning is for Everyone

A common planning misconception is that only those with vast assets need an estate plan. But, it is important to emphasize that estate planning is not just for the wealthy. For many, the word “estate” conjures up a Downton Abbey-like property and an overwhelming amount of zeros … Continue reading

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How Estate Taxes May Impact your Life Insurance Policy

In the process of estate planning, there are many things to consider. An estate planning attorney can be essential to formulating a sound plan that is best tailored to your individual situation and long-term legacy. Life insurance is a staple … Continue reading

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Estate Planning Lessons from Tony Soprano

The tragic and untimely death of James Gandolfini shocked and saddened fans of the talented actor. And, since his will became public last month, there has been much commentary on the state of his affairs prior to his passing. The … Continue reading

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“We are Family”: Estate Planning for Adult Children Living at Home

With the state of the economy, the low unemployment rate for graduates, and the general cost of living, many children are continuing to live with their parents long after they turn eighteen.  Having an adult child live with you can … Continue reading

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Same-Sex Marriage Estate Tax Milestone

Recently, with a landmark decision in U.S. v. Windsor, the U.S. Supreme Court has determined that a stipulation of the Defense of Marriage Act (DOMA) is unconstitutional. The decision in this benchmark case paves the way for gay couples to … Continue reading

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Celebrity Estate Planning Mistakes to Avoid

In an interesting article, Fox Business delved into the “Monumental Estate Planning Blunders of 5 Celebrities.”  The piece looks at estate planning mistakes made from some well-known, now-deceased stars who’s estate ended up out of their hands. Leona Helmsley, widow of real estate tycoon Harry Helmsely, famously left a … Continue reading

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Estate Planning Faux Pas

Estate planning is important. If you haven’t already considered an estate plan, there is no time like the present.  When considering how to start this process, you should consider professional advice.  Fields and Dennis has years of experience under its … Continue reading

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Don’t Leave Your Legacy to Chance: Estate Planning For Lottery Winners

It seems pulled from the pages of a mystery story, but you may have heard it in the headlines recently.  What happens if you win the lottery but die mysteriously shortly after? Urooj Khan may have gotten lucky when he … Continue reading

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“Inheriting a Home, and a Loan”

We’ve discussed estate taxes quite a bit on this blog, because it can be a contentious and politicized topic; but while the word “inheritance” has a wealthy ring to it, most bequests come with strings attached. Estate taxes and  the … Continue reading

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