Blog Posts in 2019

Beauty is in the Eye of the Beholder: Treasure or Tax Deduction

What to Know When Donating Art to Charity Tangible personal property (specifically Art) is often referred to as the forgotten asset class. Art can be very valuable but is often overlooked in designing your financial and estate plan. Do not leave the disposition of your valuable collection to chance. Often, children and grandchildren do not have your same taste, nor do they have a home appropriate ...

Life Insurance: Consider a Very Impactful Gift

Ten Considerations Before Cancelling Your Life Insurance Policy With the enormous increase in the gift and estate tax exemption (from $5 Million to $10 million indexed for inflation), many of you have valuable life insurance policies that you no longer desire to keep or pay future premiums. This article explains why cashing in the policy may not be in your best interest. Alternatively, a gift of ...

Realtor and Estate Planning Attorney's Guide to Real Estate

Why My Real Estate Attorney Should Practice Estate Planning The general practice attorney or doctor is a thing of the past. Today, the complexities of law and medicine have resulted in specialization. Purchasing a home in Florida should be handled by a Real Estate Attorney who practices Estate Planning. This article is a brief checklist of important estate planning issues affecting the purchase ...

Art Law: It's Not Always a Pretty Picture!

This is NOT gold, securities or cash, it is “Art”; precious, difficult to value and highly subjective as to taste. Art is the asset class that is often ignored in the estate planning process. Unlike securities, Art rarely has a title to its ownership, therefore, why bother planning for its disposition, simply take it off the wall (or pedestal) and hand it over to your loved ones without a shred of ...