by Constance Clark | Oct 16, 2018 | Estate Planning and Probate, Legal World
Powers of attorney are documents used to designate a person (the attorney-in-fact) who is authorized to act for the signer under particular circumstances (a limited power of attorney), or generally (a general power of attorney), and may be drafted to allow the...
by Jack Butt | Sep 22, 2016 | Estate Planning and Probate, Uncategorized
Clients, seeing or hearing of bitter and expensive legal disputes in other families over estates, concerned about their own family engaging in such disputes after their death, or both, often seek to avoid that by requesting their attorney insert “In...
by Jack Butt | Aug 13, 2014 | Estate Planning and Probate, Uncategorized
Since the mid-1970’s, qualified retirement plans in all forms (profit-sharing, pension, IRA, SEP, 401K, etc.) have been the crown jewels of financial planning: funded with before-tax dollars, compounding rapidly in tax-deferred investments, and protected in...
by Jack Butt | Apr 7, 2014 | Estate Planning and Probate
An ancient and often overlooked drafting technique can have huge ramifications for preserving family wealth, and regularly disappoints creditors of the “wealthy” when debts are not paid. This is the “spendthrift clause,” which has existed under...
by Jack Butt | Sep 25, 2013 | Estate Planning and Probate, Family Law
Most people in the uncomfortable throes of a divorce want to ensure that upon the conclusion of the process, their property salvaged through difficult proceedings will not go, in the event of their subsequent death, to their former spouse. Both estate planning...
by Jack Butt | Feb 12, 2013 | Estate Planning and Probate
On January 2, 2013, President Obama signed into law the American Taxpayer Relief Act of 2012. Generally, it “kicked the can down the road” for a few months on the pending “fiscal cliff,” but it permanently enacted one of the most significant...
