Retirement Planning for Lawyers By the ABA Retirement Funds: Retirement Planning for Lawyers Here’s a big word for you from the world of behavioral finance – hyperbolic discounting. Hyperbolic discounting is a time-inconsistent model of discounting. Ok, that didn’t help much. Think of it this way – humans have a […]
From Our “Ask a Question” Mailbag: “What’s a Buy-Sell Agreement, and do I need one to protect my business?” What’s a Buy-Sell Agreement? If you’re a small business owner, consider what happens to your ownership interest in the company when you die or retire. If you’re in a partnership, should […]
From Our “Ask a Question” Mailbag: “What is a Special Needs Trust? Can I use a Special Needs Trust to protect my special needs child?” What is a Special Needs Trust? If you have a loved one with special needs, he or she may be entitled to certain government benefits […]
From Our “Ask a Question” Mailbag: “My husband and I are getting divorced. I have been putting this off, but do you have any Estate Planning tips during a divorce?” Estate Planning Tips During a Divorce? Once the divorce process begins, most of us are on an emotional rollercoaster. Uprooted […]
From Our “Ask a Question” Mailbag: “My question is about notarizing estate planning documents. How can I get my documents notarized during the Corona Virus lockdown?” Notarizing Estate Planning Documents During the Corona Virus Lockdown Under normal circumstances in Pennsylvania, a notary needs to be physically present and observe the […]
From Our “Ask a Question” Mailbag: “I buy lots of CDs. I shop around and find the best deal. Recently I purchased a CD at TD Bank. But I don’t tell my children where I buy CDs. That is my business. How Do My Children Find TD Bank Account After […]
From Our “Ask a Question” Mailbag: “How can I save money for my special needs child without disqualifying him from government benefits? Do I need to create a Special Needs Trust or are there other options?” How can I save money for my Special Needs Child? If you or a […]
From Our “Ask a Question” Mailbag: “Can I Withdraw Funds from My Retirement Account for Costs Related to Coronavirus? Are there any penalties for Coronavirus Related IRA Withdrawals?” Can I Make Penalty-Free Coronavirus Related IRA Withdrawals? On March 27, 2020, President Trump signed the Coronavirus Aid, Relief, and Economic Security […]
From Our “Ask a Question” Mailbag: “I am worried about getting ill and my family not having the documents necessary to take care of me. What Estate Planning for Medical Emergencies do your suggest?” Estate Planning for Medical Emergencies. Hope for the best, plan for the worst. If you become […]
Estate Planning Across Borders As the world gets smaller, it is increasingly common for people to own assets in a variety of places, both within the United States and internationally. Whether your property is a generations-old family tract in an ancestral homeland, or a new vacation home in a […]
