Robert AdlerSep 11, 2022Estate Planning with Different Types of TrustsA trust is a device for controlling how assets are held and distributed. Trusts can be revocable or irrevocable. There are many differnt...
Robert AdlerJul 29, 2022Estate Planning Flowcharts - Six Common Structures for Affluent FamiliesThoughtful estate planning will protect your heirs and help minimize taxes. It's never too early to start planning, but it can be too late.
Robert AdlerJun 19, 2022Deceased Spousal Unused Exclusion (DSUE) Amount -- PortabilityEstates of decedents dying on or after January 1, 2011, may elect to transfer any unused federal estate tax exclusion amounts to the...
Robert AdlerMay 6, 2022Report of Foreign Bank and Financial Accounts (FBAR)The Bank Secrecy Act requires taxpayers to report foreign bank accounts, brokerage accounts and mutual funds, to the Treasury Department....
Robert AdlerApr 18, 2022How to Get a Death CertificateA death certificate is an ofiicial legal document that records the date and location of a person's death. In some cases, you might need a...
Robert AdlerFeb 15, 2022What is the difference between carryover basis and a step-up in basis?In planning for gifts of property, if the donor has a choice among more than one type of property to be transferred as the gift(s) (e.g.,...
Robert AdlerJan 16, 2022The Safekeeping of Wills in New York StateOriginal wills should be kept in a secure, fireproof location and your nominated executor should be informed of the documents’...
Robert AdlerDec 27, 2021Die without a will in New York? What happens?If you die without a will in New York, your property will go to your next-of-kin under New York state intestate succession laws. Who gets...