A holographic Will is a handwritten Will. And there have been some strange ones. For example, can you imagine writing your will on your bedroom wall? How…
Under our nation’s federal tax regulations, it is the person making a gift (the donor) who is responsible for any federal gift tax that is due. The…
An Irrevocable Life Insurance Trust, or “ILIT” is an irrevocable trust that own life insurance. Historically, Americans have used ILITs as a vehicle to make gifts to beneficiaries…
When I tell some of my clients they should consider Crummey Trusts for their beneficiaries, there is typically an awkward pause. “Why would I want to create…
Most of the time, Directive to Physicians are signed by patients who do not want their lives prolonged by life-sustaining treatments; however, sometimes the situation is reversed. For…
The thing that drives most young parents to plan to make a will is not their stuff, but who will take care of our minor children if…
Last July, I stumbled upon an ancient Will while visiting the Ashmolean Museum in Oxford. As an estate planning lawyer, I was delighted. Will of Naunakhte The Will, written…