Estate and Trust Administration

A Low-Pressure (And Fun) Way to Discuss Legacy and Estate Planning

By Bob Goldberg / January 10, 2011

The hardest part of legacy planning or estate planning isn’t necessarily choosing the right fiduciaries, or deciding how to distribute your wealth fairly among your loved ones… the hardest part of legacy planning or estate planning is often simply talking about it with family. In fact, having “The Discussion” can be such a daunting task…

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The Ins and Outs of Incapacity

By Bob Goldberg / November 12, 2010

Most people think that having a trust is about controlling (to an extent) what happens to your assets after you die. This is true, but a trust actually has a much broader scope: a trust can also protect and provide for your loved ones—and more importantly, it can protect and provide for you—if you should…

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What Is Probate?

By Bob Goldberg / October 15, 2010

With all the recent news about what will happen with estate taxes, the process of probate has come up quite a bit. Sometimes probate is mentioned in a low-key, matter-of-fact kind of way; at other times it is presented as something scary, and to be avoided at all costs. We know our readers have seen…

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10 Phone Calls to Make After the Death of a Loved One

By Bob Goldberg / October 8, 2010

Coping with the death of a loved one can be a crushing task. There are so many things to do and details to remember; all of this at a time when each small task can serve as a reminder of your loss. At such a time it can be helpful to know that you’re not…

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Executors and Agents: Choosing Your Own Replacement

By Bob Goldberg / October 4, 2010

When people think about estate planning they generally think about inheritance, or taxes, or even guardianship—but rarely are the words “executor” or “agent” the first ones that come to mind. And yet, choosing your executor or your agent is one of the most important decisions you’ll ever make. Your executor is the person who carries…

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Jane Austen’s Will: It Used to Be So Easy

By Bob Goldberg / August 6, 2010

Many clients are shocked when they see the sheer volume of paper in a truly well-done estate plan. A trust by itself can be hundreds of pages, not to mention the other 6 to 16 documents you may or may not have—depending on your family situation. You may find that the “simple” estate plan you…

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Will Billionaire Steinbrenner’s Death Inspire Congress to Reinstate the Estate Tax?

By Bob Goldberg / July 14, 2010

Common superstition says that famous deaths come in threes, but the death of New York Yankees owner George Steinbrenner on July 13 makes four billionaire deaths in 2010. It’s hard to deny the significance of such events in a year when there is no estate tax. According to the Associated Press, Steinbrenner’s family is set…

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How To Choose Your Executor or Personal Representative

By Bob Goldberg / June 11, 2010

Serving as someone’s executor or personal representative is a HUGE job, and not for the faint of heart. Although it is commonly considered an honor, there is a lot of work involved, and an executor must have a great capacity for organization, attention to detail, meeting deadlines, and more. You may be tempted to name…

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Take Action in the Face of Estate Tax Uncertainty

By Bob Goldberg / May 7, 2010

If you’ve been reading our blog regularly then you know that the 2010 estate tax repeal has caused no end of confusion and uncertainty; not only for those who have been dealing with probate and trust administration since the tax was first repealed, but also for those who are trying to think ahead and do…

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Recent Deaths Bring Home the Consequences of No Estate Tax in 2010

By Bob Goldberg / May 3, 2010

There was too much confusion to be much rejoicing when the estate tax was repealed for a year on January 1st, 2010. Although the words “no estate tax” may sound good, nobody really expected the state of affairs would last. Most experts believed that Congress would never actually let it happen in the first place;…

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