Tag Archives | Estate Planning


With the federal current estate tax exemption amount and rate scheduled to expire at the end of the year, much uncertainly looms as to whether Congress will enact permanent legislation, and if so, what will result. As there are several possibilities, ranging from a $1,000,000 exemption amount to keeping the current exemption amount (and alternative […]

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Attractive Wealth Transfer Opportunity in a Depressed Economy

Attractive Wealth Transfer Option in a Depressed Economy               Now is an opportune time for individuals to take advantage of low interest rates when reviewing their estate plans.  One option that is available now, but may become limited by legislation pending in Congress, is known as a “Grantor Retained Annuity Trust” or a “GRAT”.  A […]

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Powers of Attorney

Effective September 1, 2009, New York State enacted a new statutory form of Power of Attorney and a Major Gifts Rider.  Powers of Attorney are essential tools in estate planning and elder law planning.  If an individual becomes incapacitated and cannot communicate and handle his or her legal and financial affairs, he or she will need […]

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