Typical estate planning focuses on avoiding the problems that arise at the point of death. Dynasty Estate Planning focuses on avoiding the problems that arise next, after avoiding probate and estate taxes. There are seven hallmarks of a Dynasty Estate Plan.
The History and the Problem of Gun Trusts. Just after the end of Prohibition, in 1934 Congress passed the National Firearms Act (“NFA”) The NFA has been amended from time to time. There was the Gun Control Act of 1968, the Firearm Owners Protection Act of 1986, the Brady Hand Gun Violence […]
Asset Protection Lawyer Liability “Asset Protection” is often an inherent part, or natural result, of effective Estate Planning. Just what “asset protection” means varies widely from lawyer to lawyer, and client to client. The off-the-shelf definition of asset protection seldom fits the client’s exact needs without alteration. Likewise, the risks associated with […]
Marital Property Issues Estate planning is necessarily multi-disciplinary. It touches upon many aspects of law. It affects taxation, property, family, and business concerns. Marital Property rights is a critical element in legal planning. The changes go both ways — the estate planning affects marital property interests and marital property affects the planning. This is […]