Tag Archives: Power of Attorney

Revocable Living Trusts

One of the most popular estate planning tools is a Revocable Living Trust. The main reason for its popularity is that it allows you to pass most assets to your heirs without going through probate — a court process that is expensive, time consuming and open to public scrutiny. A living trust also provides for the management and […]
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Business Succession Planning: Don’t Make Excuses, Make Plans

by Brittiny B. Razzano Originally published in the Saratoga Business Journal. Excuse Number 1: Too Busy  As a successful business owner, you may have your hand in the day-to-day operations and management of your business.  It seems like there is never enough time to sit down and formulate a plan for your business when you […]
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Service Member Survivor Benefit Plans and Special Needs Trusts

by Debra A. Verni On December 19, 2014, President Obama signed the Disabled Military Child Protection Act. This law allows a military parent to provide a survivor benefit for a disabled child and have it paid to a special needs trust for the child’s benefit. Until recently, service members were reluctant to name children with […]
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Important Tax Figures for 2016

The following table provides some important federal tax information for 2016, as compared with 2015. Many of the dollar amounts are unchanged or have changed only slightly due to low inflation. Other amounts are changing due to legislation.