LexisNexis® Legal Newsroom
David R. Schoenhaar
2010 Estate Tax Repeal: A Time to Reach Out To Your Clients

David R. Schoenhaar, Esq., Ruskin Moscou Faltischek As of January 1, 2010, there is no estate or generation skipping tax (GST), the gift tax remains with a million dollar exemption but at a rate of 35%, and carry over basis rules have been...

Tags: Taxes
Michael H. Erde
Hot Topics in Elder Law for the Week of 1-18-10

For Illinois practitioners… Alzheimer’s sufferers can benefit from familiar activities such as golf. (Chicago Tribune local Oct 1 2009) A will depository for orphan wills effective 1-1-10 (Public Act 96-137) Convenience...

Tags: Elder Law
Jennifer Hillman
Recent Case May Expand the Safe Harbor Provisions of EPTL 3-3.5

In terrorem clauses are a valuable drafting tool for a testator to prevent unwarranted will contests, however a recent case, Matter of Singer , 2009 N.Y. LEXIS 4475, 2009 NY Slip Op 9265 (Ct. App. Dec. 15, 2009) , has broadened the latitude of a beneficiary’s...

LexisNexis Estate and Elder Law Community Staff
Schedule for Heckerling Institute on Estate Planning, January 25-29, 2010

Scheduled for January 25-29, 2010 at the Orlando World Center Marriott Resort and Convention Center, the Heckerling Institute on Estate Planning is the nation’s leading conference for estate planning professionals. The Institute covers topics of...

Hon. C. Raymond Radigan
Alternatives to Article 81 Mental Hygiene Law Proceedings

Mental Hygiene Law Article 81 was established to provide a guardianship system that could be tailored to the individual needs of an incapacitated person and at the same time afford that individual the greatest amount of independence, self-determination...

Tags: Guardianship
Aaron Skloff
Avoiding a Variable Universal Life Insurance Implosion

Most people purchase life insurance to protect their family when they passed away. Unlike term, universal or whole life insurance, where there is no financial market risk component, Variable Universal Life insurance (VULI) is subject to financial market...