by Howard C. Stross | Dec 29, 2022 | Estate Planning, Probate, Trust Administration
An estate plan will benefit your unique situation and address your specific concerns. When reviewing your situation, remember the situations below, any of which is reason alone to create or update your estate plan: You have or plan to have minor children. What is your...
by Howard C. Stross | Jan 5, 2022 | Asset Protection, Estate Planning, Probate, Real Estate
Family dynamics can change drastically when a parent passes away. If a surviving spouse remarries, the question of what happens to the family home can make the dynamic among the children and the new spouse complicated. As a part of the estate plan, setting up a trust...
by Howard C. Stross | Dec 16, 2021 | Estate Planning, Business Law
Earlier this year, two respected estate and business planning organizations, WealthCounsel and Trusts & Estates magazine, surveyed over 500 estate planning professionals to see what opportunities and challenges their clients face. The results from the survey...
by Howard C. Stross | Oct 20, 2020 | Estate Planning
In honor of Estate Planning week, the week of October 19, 2020, we are providing a crib sheet for knowing the definition of and referring to common estate planning terms. Estate Planning is an important tool, not just for the ultra-wealthy or those thinking about...
by Howard C. Stross | Jun 29, 2020 | Asset Protection, Estate Planning, Trust Administration
Increasing Longevity and Its Effect on Estate Planning and Retirement Planning In the 1970s, Logan’s Run debuted; it was a movie showing a solution to a society’s problems with overcrowding was to end each person’s life at 30 years of age. Not only is this world not...
by Howard C. Stross | Jun 3, 2020 | Asset Protection, Estate Planning
One of the first estate planning clients I advised was a man with a comic book collection appraised at $44,000. Decades later, I wonder about the current value of his collection. Ever since that first client, I have observed mistakes people make in planning for their...
