Aug 26, 2009

Posted by in Blog - "Altman Speaks"

Advanced Medical Directives: An Estate Planning Must

A recent Wall Street Journal blog reiterated what my firm considers an estate planning must:  Take the time to create an Advanced Medical Directive.  This issue was brought into the spotlight during the unforgettable Schiavo case in which Michael Schiavo went up against his in-laws,...

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Jul 17, 2009

Posted by in Blog - "Altman Speaks"

Recent Celebrity Deaths: What We Can Learn From Them

It is always tragic when someone dies.  In the past couple of months, well known individuals and celebrities have unexpectedly died – Farrah Fawcett, Michael Jackson, Billy Mays and Steve McNair.  It has now become known that Steve McNair did not have a Will or any sort of estate plan. ...

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Jul 10, 2009

Posted by in Blog - "Altman Speaks"

Advanced Planning = Lower Estate Taxes

Currently, up to $3.5 million of an estate’s value is exempt from Federal estate tax for deaths occurring in 2009.  In 2010, the estate tax is scheduled to expire for a period of one year, returning in 2011 with a lower $1,000,000 exemption.  That is, unless Congress has anything to say about...

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Jul 7, 2009

Posted by in Blog - "Altman Speaks"

Delaware – The First State to Re-Enact Estate Tax

In response to a budget crisis, the Delaware Legislature and Governor reinstated into Law the Delaware Estate Tax for people dying on or after July 1, 2009.  This new tax will be tied to the federal state death tax as it existed in January 2001 and applies to estates of $3.5 million or more. ...

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Jul 7, 2009

Posted by in Blog - "Altman Speaks"

Guardianship: Lessons to Be Learned from the Jackson Case

Now that the untimely death of Michael Jackson is turning into a custody battle brewing between the Jackson Family, the biological Mother of his children and possibly the Nanny, I believe it is important opportunity to mention how essential it is that parents name guardians for their children in...

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