links > Trusts & Estates

Title Description Date Added
Estate Planning Seminar held in Great Neck, NY Robert Bichoupan, Esq. provided a service to the Great Neck community when he presented an Estate Planning seminar at Ahavat Shalom in Great Neck on August 20, 2014. The links attached ("Estate Planning", "Simplified Glossary of Terms", "Living Trusts", "NYS Estate and Gift Tax Laws", and "Historical Federal Estate Tax Exemptions and Rates")were handouts provided to the audience at that seminar. MORE>> September 04, 2014
Estate planning for young adults Now that your child is 18… An 18 year old, while still a child in your household in your eye, is actually a legal adult under the law. That means that the law recognizes their right to privacy and to govern their own affairs. What does this mean for you as a parent sending your child off to college (or anywhere else for that matter)? Access to your child’s medical records, financial accounts or even their college grades can be barred without your child’s consent. MORE>> January 13, 2014
Your Loved One Has Passed. Now What? Your loved one has passed and their assets need to be handled. Now what? MORE>> August 25, 2013
Estate planning vs. convenience banking Estate planning versus convenience banking: Does setting up a joint bank account with your elderly parent confer an ownership interest in that account to you, or is it merely a “convenience” account in which you have no ownership interest upon your parent’s passing? MORE>> May 17, 2013
New Obama Administration Estate,
Capital Gains and Gifting Rules
With a little forethought and estate planning, the new tax laws signed by President Obama in late December, 2010 may be used to your family's financial benefit. Here is some of what you need to think about in order to take advantage of these new laws: MORE>> April 04, 2011
Obama Tax Relief Act - Thursday, December 17, 2010 New federal estate tax laws for 2011 and 2012 extend the Bush tax cuts, and then some. Among other things, these new laws increase the exemption amounts to Five Million ($5,000,000.00) Dollars per testator, indexed for inflation, set the estate tax rate at 35% for amounts over the exemption amount, continue the step-up in basis upon death rules, and increase the gift tax exemption from One Million ($1,000,000.00) to Five Million ($5,000,000.00) Dollars. MORE>> February 04, 2011

* These forms are not intended for execution, but rather are merely informational.

Prior results do not guarantee a similar outcome. All information posted is general advice only, based upon the rules of NYS, and is not intended to be a substitute for personal legal advice. Although information provided here was accurate as of the date of posting, laws change frequently and rules in other jurisdictions may differ. Therefore, readers should not rely upon these postings but should consult an attorney to discuss their specific factual situation.

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