Blog - "Altman Speaks"

Celebration

I have been transfixed and captivated by the Olympic Games. As a massive fan of sports, I have enjoyed watching athletes from around the world come together to compete in their sports. To celebrate their achievements, whether winning a medal or not, is inspiring because everyone is the best in their country of origin. An […]

Things to Know When Planning for an Addicted Loved One

Some have said that the only thing harder than being an addict is loving one. It can be difficult for a parent to bring a child into the world, full of hopes and dreams about their future, and then watch them spiral down into addiction. Having someone in your life who struggles with substance abuse […]

What You Can Learn from the Leno Conservatorship Proceedings

When most people think about creating an estate plan, they usually focus on what will happen when they die. They rarely consider what their wishes would be if they were alive but unable to manage their affairs (if they are alive but incapacitated). Often, failing to plan for incapacity can result in families having to […]

Montgomery County Circuit Court Decision Highlights Importance of Updating Beneficiary Designations After Divorce

Estate law and family law are closely intertwined. Both deal with relationships and emotional ties. Many of Altman’s estate planning clients choose their spouse as the primary beneficiary of their estate and as power of attorney or health care agent. It’s a logical choice: you’ve built a life with this person, they know you and […]

National Small Business United v. Yellen: Alabama Court Rules Corporate Transparency Act Unconstitutional

The Corporate Transparency Act (CTA) was passed by Congress in 2021 and went into effect on January 1, 2024. The measure requires that all US-based business entities, with exemptions for certain institutions such as banks, trusts, and sole proprietorships, report beneficial ownership information (BOI) to the Financial Crimes Enforcement Network (FinCEN). CTA was to strengthen […]

Memorial Day 2024

Memorial Day is a day to remember the brave men and women who died defending our freedoms. Their sacrifice allows us to enjoy the barbecues, beaches, and everyday liberties we often take for granted. This Memorial Day, let's pause to remember their courage and dedication. Their service protects the freedoms that unite us all.

Decanting: How to Fix a Trust That Is Not Getting Better with Age

In the previous blog, we wrote about amending trusts. The next two blogs will delve more into the why, when, and how of decanting. Many people do not know that decanting a trust is even possible and think when you mention decanting, your mind goes immediately to wine. While many wines improve with age, the […]

Estate Sale Planning is an Emotional Process

When you drive around do you notice the estate sale signs on the street? Do you wonder whether it is because someone has passed, or the people are moving? Often, estate sales are conducted for the belongings of a person who has died. Do you go and rummage for antiques and other specialty items? There […]

It Is Still Winter in the Mid-Atlantic

Punxsutawney Phil, (beaver) called for an early Spring this month, however, it is still winter in the Mid-Atlantic, cold, and it might just call for an evening of binge-watching a highly acclaimed show, with much about estate planning. Succession ran on HBO for 4 Seasons and won 4 Emmy awards. For those who have not […]

Love Is in the Air

Valentine’s Day is approaching when many people express how much their loved ones mean to them by giving gifts and cards. This year, try something different to show your love: think about your estate plan and how you can protect and provide for your loved ones, love will be your legacy. The New Year Has […]

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Recent Posts

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Celebration

Things to Know When Planning for an Addicted Loved One

What You Can Learn from the Leno Conservatorship Proceedings

Happy Independence Day!

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