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Why I Asked My Son to Give Me a Power of Attorney

Posted in Estate Planning on June 10, 2010

Recently my son turned 18.  In Connecticut this is considered the age of majority.  In other words, he can make his own decisions.  Well, that’s what the law says.  However, he’s still living under my roof, so he’s got to…

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$4 Billion in Estate Taxes not Paid…Yet!

Posted in Estate Planning on May 14, 2010

Mr. Dan Duncan passed away in March of this year.  It is estimated his net worth was $9 billion, making him one of the top 100 most affluent people in the world.  A self-made man, he amassed his fortune in…

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Unlimited Estate Tax Exclusion in 2010 is Dying

Posted in Estate Planning on December 18, 2009

Congress recently passed legislation to keep the federal estate tax exclusion at $3.5 million.  Taxable estates would be taxed at 45%. 

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Pack Your Parachute

Posted in Estate Planning on January 26, 2009

To get your estate planning documents prepared, you’ll need a good estate planning attorney. Having a well thought out and properly documented estate plan is like having a parachute – it better work the first time or else. There is…

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