In a divorce or separation, collaborative law can be used to resolve all issues including financial and parenting. The essence of collaborative law is for the parties and their attorneys to sit down together at a table to reach a reaosnable resolution of their issues. Both parties and their attorneys sign what is called a “Participation Agreement” which, among other things, states that the lawyers must disqualify themselves from representing their clients in any litigation. The parties also agree to provide early voluntary disoclosure of all information that a reasonable decision maker would need to make an informed decision about each issue in dispute.

On January 01, 2013 Congress passed and on January 02, 2013 the President signed into law the “American Taxpayer Relief Act” which for the first time in over a decade provides planners a permanent set of Estate and Gift Tax rules

At one time or another we have all heard an anecdote concerning a person who has – sometimes successful/sometimes not – attempted to change his or her “tax home” from New York to another state. One’s “tax home” is where he or she is “domiciled” and it is different than where one “resides.”

Special Needs Planning

A supplemental needs trust (SNT) is a trust established for the benefit of a disabled adult (the "beneficiary") which does not jeopardize the Beneficiary’s eligibility for governmental benefits.