by Manish C. Bhatia | Jun 1, 2015 | News + Trends
> Every legal adult should ensure that his or her wishes are clearly stated in proper estate planning documents. > Safety nets available to married individuals with children are not as certain for single individuals. > Failing to plan can burden loved ones to...
by Manish C. Bhatia | May 1, 2015 | News + Trends
The addition of two words to the Social Security Act could have a significant effect on the law governing special needs trusts. A special (or supplemental) needs trust is established for the benefit of a disabled individual to provide for his needs beyond those...
by Manish C. Bhatia | Apr 1, 2015 | News + Trends
It was expected—perhaps foolishly—that the American Taxpayer Relief Act of 2012 (the “ATRA”), signed into law on January 2, 2013, would end the fluctuating estate and gift tax exemptions by setting the unified exemption at $5 million per individual, indexed for...
by Manish C. Bhatia | Mar 1, 2015 | News + Trends
Chicago Cubs legend, Ernie Banks (“Mr. Cub”), passed away on January 23, 2015, at age 83. His death certificate indicates that he suffered not only from cardiac arrest but also dementia. It appears that Banks’ friend and caregiver, Regina Rice, and his estranged wife...
by Manish C. Bhatia | Feb 1, 2015 | News + Trends
This is the story of a man named Herbert who made one crucial mistake in his estate planning.1 Although Herbert is the main character of the story, it is his surviving family members who are left to clean up the mess. POWER POINTS + Loose ends and unclear provisions...
by Manish C. Bhatia | Jan 1, 2015 | News + Trends
POWER POINTS + Though her death was unexpected, Joan Rivers was prepared and took the responsible step of having a current estate plan. + Your estate plan can include your wishes for your health, assets, funeral or burial, loved ones and even your pets. + Starting a...
