Consumer Reports Recommends American Academy
The American Academy of Estate Planning Attorneys was recommended in the January 2009 Consumer Reports Money Adviser newsletter. The article “How to Avoid Inheritance Feuds” focuses on techniques for avoiding conflict after a loved one passes away. The article recommends using the American Academy of Estate Planning Attorneys as a source for selecting a qualified estate planning attorney. The article also warned consumers to be explicit in their will in order to avoid disagreements. Other advice included deciding what is fair for each heir versus just dividing assets evenly and to keep everyone in your family informed of decisions beforehand.
Consumer Reports Money Adviser is an independent, non-profit newsletter that offers expert advice.
Click here to find out why our American Academy membership is so important to our firm and the many families we provide guidance to each year.
Money Magazine Recognizes American Academy!
In the January 2009 issue of Money Magazine, Walecia Konrad’s article entitled “Keep It In The Family” focuses on making sure the wealth you’ve worked so hard to accumulate will go to the people you love. The article recommends the American Academy of Estate Planning Attorneys as a source to find an estate planning attorney who can tailor a plan for your situation and address your state rules. It also includes a useful estate planning checklist and valuable tips for putting together a proper estate plan that will safeguard your hard-earned assets from estate taxes, lawsuits and probate. This is the fourth time in 16 issues the American Academy has been recognized. Click here to find out why our American Academy membership is so important to our firm and the many families we provide guidance to each year.
American Academy Mentioned in Money Magazine!
Robert Armstrong, President of the American Academy of Estate Planning Attorneys,
was interviewed by Money Magazine senior writer Penelope
Wang for her article "
A Midlife Money Checkup" in the March 2008 Issue. The article was part of the
Cover Story "A Boomer's Guide to Financial Freedom" that included multiple articles
focusing on financial trends, aging well and other issues Baby Boomers are facing
today. This is the third mention of the American Academy of Estate
Planning by Money Magazine in the last seven issues.
The "Midlife Money Checkup" is a nine-step test that highlights questions Boomer's
should be asking themselves at this point in their lives. Mr. Armstrong's expertise
in estate planning was highlighted in question five, "Is your estate plan in order?"
Make sure you don't have to ask yourself that question by meeting with a qualified
American Academy Mentioned in Money Magazine
The September issue of Money Magazine
has an article entitled,"20 Timeless Money Rules." Rule
17, Exiting Gracefully, is particularly significant because it
emphasizes the importance of putting together your estate plan.
The recommendation of Money Magazine
is that you search for a member of the American Academy of Estate
Planning Attorneys: "To find a lawyer, ask friends and colleagues
for recommendations or get referrals online at the website of
the American Academy of Estate Planning Attorneys (aaepa.com)."
The American Academy is an exclusive membership organization for
law firms dedicated to estate planning. We are proud of our Academy
membership and pleased to be the only firm in Rockland, Orange, Putnam
and Dutchess Counties in New York accepted into this prestigious organization.
For more information about why our membership is so important
to your family, click
ESTATE PLANNING NEWS Your 401k or IRA: A Problem Asset?The article looks at IRAs and 401ks and how we need to save for retirement. Then it looks at the tax problems these plans create. It examines the stretch out available with the FRPT. It also examines using distributions to fund life insurance.
ESTATE PLANNING NEWS Where There's a Will, There's ProbateThis article contrasts the estate planning advantages of the Revocable Living Trust over wills.
CLIENT NEWSLETTERS Your Estate Matters Newsletter, Vol. 14.2
EDUCATIONAL ALERTS Window of Opportunity for Medicaid PlanningThis Alert informs advisors of the window of opportunity that still exists for planning for Medicaid eligibility under the old law, and encourages them to take action while planning under the old Medicaid law still exists. The Alert also briefly reviews once again the changes that are brought about by the Deficit Reduction Act of 2005.
EDUCATIONAL FYIs Social Security Death Benefit Eliminated in Bush Budget ProposalThe $255 Social Security death benefit will be eliminated under the Budget proposal submitted to Congress on February 7, 2006 by the President. White House officials defended the proposals and estimated costs would be trimmed by $3.4 billion over the next decade with the elimination of the stipend. Congressional aides said Jo Anne Barnhart, the Social Security Commissioner, had told them during a closed-door briefing that the $255 one-time death benefit has become an administrative burden, since it is not paid in all cases. Mark Lassiter, a spokesman at the Social Security Administration, said the benefit "bears no relation to what a person's funeral expenses are or to any of workers' earnings levels. We believe that eliminating it is not going to cause an appreciable financial hardship to a survivor."
Estate Planning for the GLBT Community
Guidance and assistance with Living Trusts, Health Care Powers of Attorney, and Asset Distribution.