LexisNexis® Legal Newsroom
Genevieve M. Moore, Esq.
A More Personal Element of Estate Planning: The Disposition of a Decedent’s Remains

In the field of estate planning and estate administration, we deal with the fact of death on a regular basis. We draft plans that anticipate what will happen at death, and when death occurs, we know what immediate tasks are necessary: from cancelling...

Elizabeth Hartnett
Hartnett on Required Actions Upon Death of Incapacitated Person

Effective January 3, 2009, a new Section 81.44 was added to the New York Mental Hygiene Law. This section provides for certain notices regarding the death of the incapacitated person and the status of the decedent’s assets and liabilities as of...

David R. Schoenhaar
Crummey Powers - A Refresher

Unless one is dealing with The Uniform Transfers to Minors Act or a minor's trust under Internal Revenue Code (IRC) §2503(c) , generally, in order for one to avail themselves of the gift tax annual exclusion afforded under IRC §2503(b),...

Tags: Gifts
Aaron Skloff
Redundant Fees Destroy Retirement Assets – What the Insurance Companies Do Not Want You to Know

The problem? More than 80% of 403(b) retirement assets are invested in tax sheltered annuities. On the surface this sounds like a good thing, but hiding just underneath the surface is a very profitable, and little talked about, secret that is costing...

Tags: Annuities
Marc Soss
Beneficiary and Fiduciary Liability for Income, Gift and Estate Taxes

It can be either a blessing or a curse to be appointed as the Personal Representative of an estate or Trustee of a trust (collectively a “Fiduciary”). One of the most over looked aspects of the job is the fact that the U.S. Government has...

Tags: Taxes
Alice Magdziak
Should You Add Provisions for Email and Social Networking Accounts in a Will?

An article on an Australian news website run by Fox (news.com.au) recently posed the question, “What happens to email and social networking profiles when you die?” Assuming that the person dies without telling someone how to access all his...

Tags: Wills