What is a lawyerly answer to this most basic of estate planning questions? Simple, “yes and no.”
Now that I hope to have amused you, allow me to explain the rationale behind the lawyerly answer of “yes and no.” All attorneys understand from experience that for every generalization he or she might make, there are
We all know that individuals who have passed age 70 ½ are required to receive Required Minimum Distribution payments each year from their IRAs and qualified plans. Individuals who inherit any of those assets are also required to take yearly Required Minimum Distribution amounts from those assets as well. It should be remembered however, that
In these troubled Covid-19 times, when we are all concerned with the physical and financial health of ourselves and of the members of our immediate family, many of the firm’s clients have been turning to the attorneys in its Trusts and Estates Department, to have their Wills and other estate planning documents reviewed and updated.
Today, as our country and the world try mightily to recover from the COVID-19 pandemic, which has affected so many people in so many ways, from tragically losing family members, friends and colleagues, to their own illness and the illness of their loved ones, to job loss and other economic losses, to profound changes in
