by Kathryn A. Flanigan | Oct 29, 2014 | Estate Tax
The death of famed comedienne Joan Rivers was a shock to the entertainment world. Rivers had a remarkable career and had to reinvent herself more than once to stay relevant in the industry she loved. Even to the very end, Rivers had a schedule that many comedians half...
by Kathryn A. Flanigan | Oct 23, 2014 | Estate Planning
Creating an estate plan may seem like a morbid process, because planning for your death is not exactly ones idea of fun. Nevertheless, no one lives forever, and it is always best to prepare for the unexpected. Even those people who have the foresight and initiative...
by Kathryn A. Flanigan | Oct 13, 2014 | Estate Tax
Its not often that the Internal Revenue Service admits making mistakes. After all, the IRS is probably used to exposing taxpayer mistakes when it comes to reporting income. But according to a recent Forbes.com article, it is being reported that the IRS made a mistake...
by Kathryn A. Flanigan | Oct 8, 2014 | Estate Planning
If you are in the midst of a bankruptcy and you inherit funds from a retirement account, those funds could be the property of the bankruptcy estate; meaning that they may be used to pay off creditors and essentially lost, according to a U.S. Supreme Court ruling...
by Kathryn A. Flanigan | Oct 5, 2014 | Estate Planning
Traditionally, the average estate plans did not deal with digital assets. This is because many people who were of the age that they would consider leaving property to heirs did not have email accounts, data stored on hard drives or electronic profiles. As we draw...