The Child Support Arrears are Assets of an Estate Child support arrears due a divorcee at the time of her death belonged to her estate, not to her emancipated son, a New Jersey appeals court says. The child’s mother was the... Continue Reading
In the case of Steinberg vs. Conn, 141 T.C. No. 8 (September 13, 2013), the Tax Court denied the IRS’ motion for summary judgment and ruled that a net gift agreement, in which the donees assumed responsibility for applicable... Continue Reading
Estate Planning: Are there any risks or disadvantages to my 80 year old father, who has a $200,000 gross estate, drafting his own simple will from an online will kit? Yes, there are risks and disadvantages to your father using... Continue Reading
Sometimes business disputes arise, and when they can’t be resolved through negotiation or arbitration proceedings, business litigation can be used as a way to remedy the situation. Whether it’s a private individual or a... Continue Reading
DEAR HARRY: I plan to retire in April when I hit 64. My insurance agent is suggesting that we put $200,000 into a premier retirement variable annuity with a major insurance company. He says that I’ll be guaranteed a return of... Continue Reading