As fall turns into winter and the holiday season arrives, it’s natural to review the year, plan for the next, and count your blessings. One of the ways to plan for the next year, and perhaps to address some outstanding concerns in this one, is to consider making annual per donee exclusion gifts. … [Read more...]
Living in a Digital World and the Importance of Planning for Cryptocurrency
Cryptocurrency has become increasingly popular as a form of investment in recent years. More and more established financial institutions recognize cryptocurrency and allow its use. As cryptocurrency becomes mainstream, it’s important to consider estate planning implications for holding this digital … [Read more...]
It Can Be Scary to Die Without an Estate Plan…the HORRORS of Intestacy
Many souls believe that if they lack means, they do not need an estate plan. Nothing could be further from the truth. If you die without an estate plan, your assets may not be distributed as you would wish and the results could be downright scary. Read on to learn more. … [Read more...]
Neither Age Nor Health Determines Whether You Need an Estate Plan
Most people associate Estate Planning with the elderly or very wealthy. This article explores situations in which Estate Planning for the young and healthy is advisable. Read on to learn more. … [Read more...]
Should You Consider DIY Estate Planning?
DIY estate planning can be alluring to those who falsely believe they can save money and time by drafting their own estate plan, without engaging the help of an attorney. In many instances, “doing it yourself” makes sense, however, estate planning isn’t one of those instances There are too many … [Read more...]
Pet Trusts: Should You Consider One?
At Gershberg & Associates, LLC, our pets are an important part of our family. In fact, we’re so fond of our pets you will often find them visiting our office. If you have a pet, you want to be sure that it will continue to receive the best care possible in the event of your passing or … [Read more...]
Charitable Planning in Times of Crisis
During times of uncertainty, we tend to feel helpless. This article explores how charitable giving gives us a sense of purpose in trying times. Read on to learn more. … [Read more...]
What Are Your Responsibilities as a Trustee?
Are you a Trustee or Successor Trustee? Do you expect to be one in the Future? When you take on the responsibilities of a trustee, it’s important that you know what you’re getting into. You don’t want to find yourself in a compromising position. Remember this: someone appointed you to act as … [Read more...]
How Estate Planning Documents Help Prevent Elder Abuse
As loved ones and parents age, they become more vulnerable to fraudulent schemes. This article explores how a solid estate plan can help protect the elderly from becoming victims. Read on to learn more. … [Read more...]
How Using Specific Bequests Could Cost Beneficiaries their Inheritance
Parents often decide to leave one child a specific asset and provide an equalizing cash bequest to the other. This article explores how specific bequests may provide unintended results. Read on to learn more. … [Read more...]
