by Manish C. Bhatia | Apr 2, 2012 | News + Trends
Celebrity estate plans are often the subject of much discussion and speculation with regard to the decedents’ relationships and mentality. Whitney Houston’s estate will likely be no different. Houston, who died on February 11, 2012, left only a Will, filed in Fulton...
by Manish C. Bhatia | Jan 2, 2012 | News + Trends
Over the past decade, transfer tax exemptions, rates and planning opportunities have varied from year to year due to nearly annual changes in the laws. As the calendar turns to the new year, it is important to take a look at what Federal and Illinois legislatures...
by Manish C. Bhatia | Dec 1, 2011 | News + Trends
Some questions regarding Estate Planning are unique and based on specific family situations, but many are common questions that arise from misconceptions regarding Estate Planning. Below, you will find the top five questions that I receive from clients, along with a...
by Manish C. Bhatia | Aug 1, 2011 | News + Trends
The estate of a man who died in 1919 is finally being distributed to his heirs in 2011, and chances are that it is only being distributed now because it can no longer remain in Trust under a rarely invoked law. The Rule Against Perpetuities is a complex common law...
by Manish C. Bhatia | Jul 1, 2011 | News + Trends
An issue that arises when gifting specific property by Will or Trust is whether the beneficiary is entitled to anything if the property is sold prior to the giftor’s death. The doctrine of “ademption” provides that a bequest may only be satisfied with the specific...
