Articles

The estate planning landscape has changed significantly within this past year.  The Tax Cuts and Jobs Act has warranted entire overhauls of many families’ estate plans and has triggered planning for others.

Increased cash flow is always a welcome sight on a financial statement.

The Tax Cuts and Jobs Act has delivered significant estate planning opportunities, but many families have not taken advantage of these changes. Whether it’s the change in estate tax exposure, the generation skipping tax, or general long-term estate planning, anyone interested in transferring wealth should be aware of how the new tax bill affects estate planning.

With the recent economic boom, many people are excited about new opportunities, but they may not be thinking about protecting the wealth they’ve already accumulated.

By: Arthur L. Bernstein & Todd A. Wise, Esquire

One may wonder why uber-wealthy individuals purchase life insurance. After all, wouldn’t they have the necessary assets to fund their final costs and provide for their heirs regardless of an unfortunate event? The truth is that they do it so they can use it for its living benefits.

It’s that time of year again. Spring is here and people are getting ready to clean out the clutter in their homes and in their lives. We look around and decide what stays and what goes.

Recently, I met a business owner who found himself in the following circumstance. His business partner recently passed away. It was a week after the funeral, and his office was addressing how they were going to handle the loss to the company, both in an operations capacity and emotionally.

By: Arthur L. Bernstein, & Barry D. Siegel, Esq.