by Manish C. Bhatia | May 31, 2011 | News + Trends
One of the most important features of Estate Planning is to give individuals of your choosing the power to make decisions for the benefit of yourself and your loved ones if or when you are unable to do so. The alternative to such planning is to allow the courts to...
by Manish C. Bhatia | Jan 30, 2011 | News + Trends
Mark Madoff, son of the infamous “Ponzi” schemer Bernie Madoff, executed a Will in late 2007. According to the New York Post, the Will set aside assets in trust for Mark’s two children from a previous marriage and his daughter from his current marriage and left the...
by Manish C. Bhatia | Jan 1, 2011 | News + Trends
With the new year, we have new legislation providing updated Estate, Gift and Generation Skipping Transfer Tax provisions affecting decedents dying between January 1, 2010, and December 31, 2012. Congress has finally given us a long-awaited answer to the question of...
by Manish C. Bhatia | Nov 1, 2010 | News + Trends
A recent decision emphasizes the importance of recognizing the named beneficiaries of your accounts and policies and updating them as necessary in a timely manner. In Northwestern Mutual Life Insurance Co. v. Rafi (October 19, 2010), a father had purchased two life...
by Manish C. Bhatia | Oct 1, 2010 | News + Trends
A common question from clients is whether and when their existing Estate Planning documents should be reviewed. In the past, the answer was simple—documents should be reviewed when there is a significant change in your family or financial situation, but at least...
