Articles Posted in Jeffrey Weinstein

We’ve mentioned it before but many people delay estate planning because they don’t want to talk about death, their own specifically. But it has to be done. By not discussing it you can leave much uneeded stress for those you leave behind. Getting your estate plans in order doesn’t have to be complicated. Here are…

Gymboree, the kids clothing maker, managed to achieve a rare move in the world of retail bankruptcy. It was able to restructure successfully. Bloomberg reported that the company will be unveiling a rebranded apparel line and an increased tech push in an effort to appeal to the modern parent. Bloomberg quotes CEO Daniel Griesemer, who…

Despite its importance, surveys have shown that only 2 out 5 people over 45 have a will. Most people put off writing a will because it is unpleasant thinking of one’s mortality. But uncomfortable as it may be, it must be done. For purposes of this post, we will assume you already have a will…

The IRS and Treasury Department have joined forces to issue regulation regarding non-grantor trusts which have been used by wealthy people to avoid the property tax deduction cap in the new tax reform law. In Notice 2018-61, the IRS and Treasury say they plan to release regulations to provide clarification on the effect of section…

Even if you think you have your estate issues all planned out, quite often there are things you might have accidentally left out. We came up with five common mistakes that many people make, even the most conscientious planners can make. Beneficiaries So, ten tears ago you added your first born son as a beneficiary…

You’ve seen the commercials with Robert Wagner extolling the wonders of a reverse mortgage. Is he trying to sell you a bill of goods? Is a reverse mortgage worth it? That depends. What Exactly Is a Reverse Mortgage? Reverse mortgages are available to homeowners who are 62 and older. To be eligible, you must live…

Even though strokes are the leading cause of preventable deaths, very few people know much about them. So, the American Stroke Association has published a list of things you didn’t know about strokes for its 20th anniversary. Here are the top 10. There are three different types of strokes: Ischemic, Hemorrhagic, and TIA (Transient Ischemic…

According to a Human Rights Watch report, nursing homes are doping tens of thousands residents with anti-psychotic drugs that don’t have diagnoses that require them. Not only that they are doing it without the patients’ consent. In the report called, “They Want Docile,” the group claims 179,000 residents of long-term nursing homes across the country…

The late actor, James Gandolfini died and left an estate worth an estimated $70 million. Now thanks to bad estate planning, the IRS may take up to 50% of that estate. The larger-than-life actor gave $1.6 million dollars to various friends and relatives. He split the rest up among the following people: his two sisters-30%,…

Many people think estate planning means drawing up a will an the rest will take care of itself. That’s a common error people make. Here are a few others. Procrastination Surveys have found that not only do 50% of people with children not have a will, many don’t have any other estate planning documents drawn…