Do you live in the moment or are you always waiting for tomorrow? Do you look forward to the future with excitement or fear? How do you Live? “According to two doctors (Rowe and Kahn) who co-authored “Successful Aging,” our genetic makeup only accounts for 30% of our ability to achieve longevity. The remaining […]
ARRESTING MOTION: ESTATE PLANNING FOR ARTISTS
September 4, 2012
PART VII: WRAPPING UP “The song is ended (but the melody plays on). “ ~Irving Berlin (composer) & Beda Loehner (lyricist) All good things must come to an end. Hopefully this series has succeeded in helping both artists and their attorneys understand the unique complexities that are often involved in an artist’s estate plan. As […]
2nd Quarter Market Update
August 24, 2012
I’m going to begin this post with a personal tidbit. I decided to run my first full marathon a few months ago. After running five half-marathons in past years, I figured this would be rather simple, double my training and double my time. No problem…I thought. Was I ever wrong! This was the single most […]
ARRESTING MOTION: ESTATE PLANNING FOR ARTISTS
July 25, 2012
PART VI: WHEN & WHERE? DEFINING A TRIGGER & CHOOSING A LOCATION “Time and space are fragments of the infinite for the use of finite creatures. “ ~Henri-Frederic Amiel, Swiss Philosopher, Poet and Critic Followers of this series will be delighted to know that this penultimate entry is the most concise and straightforward. When? Attorneys […]
ARRESTING MOTION: ESTATE PLANNING FOR ARTISTS
June 27, 2012
PART V: WHAT? RECOGNIZING THE ASSETS. “An artist is someone who produces things that people don’t need to have but that he for some reason thinks it would be a good idea to give them.” ~Andy Warhol, Pop Art Pioneer So far, this series has revealed why estate planning for artists is so essential, who […]
Divorce for Same Sex Couples is no Easy Feat
June 22, 2012
As the gay marriage debate rages on across the country, another related issue is gaining traction as well—gay divorce. Gay marriage is currently legal in six states and the District of Columbia. There is no marriage residency requirement in these states either. That means couples can get married in these states without living there. And […]
Unintended Consequences: Naming a Child as Beneficiary of Life Insurance
June 6, 2012
If you are one of the millions of parents who own a life insurance policy, you may have your child named individually as a primary or contingent beneficiary if you were to pass away while the policy was still in effect. However, naming a child individually, especially under the age of eighteen, can have unintended […]
Life Insurance Policy Review…A Disaster or Solution Waiting to Happen?
May 28, 2012
For insured’s under the misperception that their life insurance policy is iron clad simply because they pay their annually billed premium, these folks may be in for an abrupt and expensive surprise. Many policies are designed to stay in force only on the basis of critical assumptions being met or exceeded over the life of […]
The Perils & Pitfalls of Joint Accounts
May 18, 2012
Suppose your aging mother asks your sister to take care of her finances and help her to balance her checkbook. You live out of town, and think it’s a great idea. To make things easier, your mother adds your sister as a joint owner of her bank account. When your mother dies, her Will leaves […]
Arresting Motion: Estate Planning for Artists
May 14, 2012
PART IV: HOW? DETERMINING THE TOOLS. “When an artist of talent makes a painting or a sculpture, he is always aware of the potentials and limitations of his materials; the better the artist, the more likely he is to know just what he can and cannot do with them.” ~Bruce Cole, Art Scholar and Senior […]
Economic Update
May 9, 2012
Our good fortune has continued with expanded growth in the markets. This is typical of an election year and if history is any indication, there should be more of this to come. The Dow Jones Industrial Average is up over 13,000 and the NASDAQ Composite has reached a new high as well (much of this […]