by Peter Moustakis | May 16, 2022 | Annual Update System
It is often recommended that a person reviews his or her Will or Estate Plan at least periodically, or as circumstances change. Below are some circumstances which may occur in a person’s life that can warrant a consideration of updating a Will or Estate Plan: A change...
by Peter Moustakis | Apr 21, 2022 | Asset Management
There are a number of ways in which a person may manage the assets of another. The choice will depend on the type and value of the assets, and whether the person for whom they are being managed is competent or incompetent. If circumstances change, the form of...
by Peter Moustakis | Mar 15, 2022 | Tricky Items to Inherit
People often hold a number of different assets or property when they pass away. Some assets are trickier to pass down to the next generation than others. Here is a list of some of the trickier items to pass down: Vacation homes Artwork Guns Airline miles Pets...
by Peter Moustakis | Feb 11, 2022 | I Love You Will
An ‘I love you will’ is a phrase used in estate planning to describe a Will where each spouse gives their assets to each other upon death, and then to their children. A shortsighted affair – It is simple and straightforward to set up You can appoint...
by Peter Moustakis | Jan 10, 2022 | 2022 Updates
Update In The Law In 2022 the federal gift, estate and Generation Skipping Transfer tax applicable exclusion amounts will increase to $12.06 million per person ($24.12 million for a married couple). It is important to note that there is a sunset provision on this tax...
