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The Costs of Procrastinating on Your Estate Planning

by Manish C. Bhatia | Mar 31, 2014 | News + Trends

POWER POINTS: Estate planning encompasses more than just taxes and asset distribution. Failing to make your wishes known through legal documents increases the likelihood of unnecessary family conflict, costs and delays. Having a proper estate plan ensures efficient...

Phillip Seymour Hoffman’s Questionable Estate Plan

by Manish C. Bhatia | Mar 1, 2014 | News + Trends

Actor Phillip Seymour Hoffman was found dead in his Manhattan home on February 2nd from an apparent drug overdose.  Hoffman was 46 years old and was not married but had three minor children with his girlfriend, Marianne O’Donnell.  He left behind a Will which was...

Paul Walker: $45 Million Estate, No Estate Planning?

by Manish C. Bhatia | Jan 1, 2014 | News + Trends

Paul Walker, star of the popular The Fast and The Furious film series, died on November 30th at the young age of 40 in a high-speed car accident.  Walker was never married but was reportedly living with his girlfriend of seven years, Jasmine Gosnell, and is survived...

How to Accidentally Leave a Gift to Your Ex-Spouse

by Manish C. Bhatia | Oct 1, 2013 | News + Trends

An individual should review his or her estate planning any time there is a significant change in his or her family or financial situation.  This includes not only the Will, Revocable Living Trust and Powers of Attorney, but also beneficiary designations.  The case...

IRS, Treasury and Wal-Mart Recognize Same-Sex Marriages

by Manish C. Bhatia | Sep 1, 2013 | News + Trends

In another significant step following the Supreme Court decision in U.S. v. Windsor, the U.S. Department of the Treasury and the Internal Revenue Service will now recognize legal same-sex marriages for federal tax purposes.1 As discussed in the July 2013 Newsletter,...
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Illinois Estate Planning Attorney with over 19 years of experience helping people throughout Chicago and the surrounding suburbs.

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