Articles Posted in Jeffrey Weinstein

If you want to leave money for your grandchildren you can easily do that in your will. But what forms(s) should it take? The obvious answer is to set up a trust What you could do is set up what they call a pot trust. A pot trust is basically a pot of money from…

Back in June, Kaiser Health News investigation in conjunction with the PBS NewsHour published the results of an investigation in which they uncovered over 100 cases since 2012 where people with dementia used guns to kill themselves or others. Kaiser wrote about it on their website. The shooters often acted during bouts of confusion, paranoia,…

Aretha Franklin died without any kind of estate planning. Her estate was worth an estimated 80 million. But, since she had no advanced estate planning, after applying the federal estate tax exemption the estate will only be worth $68,800,000 and that is subject to 40% federal tax. Now that valuation doesn’t include attorney’s fees, court…

Gibson Brands, known mostly for its guitars, announced new executives who they hope will guide the company through a monumental transition as it emerges from bankruptcy protection. The company’s newly named president and CEO is James “JC” Curleigh, who is moving from his role as president of Levi Strauss & Co. to take the position.…

Sears has filed for bankruptcy and many aer wondering what will happen to their Kenmore appliance warranties. The good news is Sears is honoring those warranties. The company said in a statement, “We are honoring our warranties, protection agreements and guarantees as normal,” the company said in a statement. If you need help with a…

Unless Sears can come up with $134 million by Monday it will need to declare bankruptcy. Sears most recent filing showed it only had $193 million on hand as of August and another $269 million available to it from lenders. All signs point to bankruptcy next week since out of that on hand money the…

The internet offers many ways to create your own estate planning documents and you can take that route if you want to save money, but you are better off hiring a professional to insure all your documentation is legally valid. There’s nothing wrong with saving some dough by drafting your own estate-planning documents. You can…

We’ve written ad nauseum about how less that half of Americans have a will. Well, almost that many also forget to include their digital assets in their estate plan. Most Americans don’t keep track of their online assets like Paypal, Facebook, and merchant loyalty reward programs and chances are will forget to include them in…

Under the New York Health Care Proxy Law you can appoint someone you trust to make health care decisions for you if you lose the ability to make those decisions yourself. That person is considered your health care proxy or agent. A health care proxy is a way to eliminate confusion among your loved ones…

End-of-life planning isn’t fun. In fact, it’s a drag. But it’s an important aspect of managing your assets and protecting your family. That’s why it’s surprising that 6 out of 10 Americans don’t have estate planning documents, much less a will. Surveys show only 42 percent of U.S. adults currently have estate planning documents such…