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Estate Planning and Administration News

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Estate Planning and Administration News

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Posted on: Aug 16, 2018

A 2018 survey conducted by Edward Jones revealed that only 29 percent of Americans know 529 plan accounts are an education savings tool. So, while the sticker price for a college education continues to rise, it appears many Americans are unaware of the powerful tool available to them and their families to save to pay for this all-important expense.

Posted on: Aug 2, 2018

Suicide is a disturbing topic, New York attorney Mark Michael Campanella admits, yet suicide is a reality that many families unfortunately face. While there’s no question suicide can devastate a family, Campanella assures clients and their heirs that if a person’s wishes have been outlined in a properly executed and valid estate plan, those wishes will still be followed regardless of the manner of death.

Posted on: Jul 10, 2018

As Sir Winston Churchill observed, after every period of delay and procrastination comes a period of consequences. While we are in this era of historically low interest rates, it is wise to consider the potential cost of delaying certain estate planning strategies.

Posted on: Jun 19, 2018

One high-risk factor for probate litigation is the so-called “second marriage” situation, Karen Gertsner writes in the American Bar Association’s Law Trends and News. Many people, including the media, the author points out, mistakenly believe that the sole purpose of a pre-nuptial agreement is to specify how assets will be divided if the couple divorces.

Posted on: Jun 8, 2018

Your Probate Court Judicial Officers and staff members are continually reviewing the court's practices and procedures to determine ways to improve the provision of services and to ensure compliance with applicable law. We have been reviewing two areas of current practice. Many parties file motions requesting a waiver of the "home study." We have also observed numerous submissions of non-compliant criminal background checks. 

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