There are several strategies you should consider when doing your estate planning. First, you should consider making gifts to the beneficiaries of your Will while you are still alive—during your lifetime. This is generally better than giving them money through your estate. Ask your accountant what the estate taxes re gifts currently are. You can […]
Everyone, especially someone who has recently gotten a divorce, should do their estate planning. The first thing you need to do is to take stock of your assets and liabilities. This can include a list of the value of your home or apartment and other physical assets; recent statements from your bank and brokerage accounts; […]
Cohabitation in the United States has increased by more than 1,500 percent in the past half century. In 1960 about 450,000 unmarried couples lived together. Today the number is more than 7.5 million. The majority of young adults will live with someone in a romantic relationship before they marry; and more than half of all […]
Open marriages have always fascinated people. Should we be expected to be attracted to, or intimate with, only one person for the rest of our lives? People live much longer today than years ago. Is it possible to balance the comfort and stability of marriage with the desire for someone new and different? Some people […]
When parents are getting a divorce, whose needs should be more important—those of the parents or those of the children? When parents divorce, their child custody plans are supposed to put the “best interests of the child or children” first. Children’s needs change as they grow. Unfortunately, the way the child custody schedules are they […]