Now that the holidays have wound down and life is returning to normal, it's time to get down to the business of those New Year's resolutions. Most years it's the same: have a better diet, exercise more, save more money and finally do your estate and financial planning. Getting your [...]
If you already have an estate plan, congratulations! You have taken a big step to protecting yourself and your family. However, many people make the unfortunate mistake of putting their estate plan in a drawer and forgetting about it. It is important to remember that an estate plan involves the [...]
American and Israeli officials have turned up the pressure on German authorities, to hand over a billion euros worth of art to Jewish heirs, after valuable pieces were seized by the Nazis during World War II. Government authorities from the US and Israel have started to lobby Germany to speed [...]
Estate planning can become a bit tricky if your spouse is not a U.S. citizen. Why? For estate tax purposes, U.S. citizens have a huge tax advantage over non-citizens. Your estate will have to pay federal estate taxes when you die if the net value (assets minus debts) is more [...]
Happy Thanksgiving from Powers & Neal! We hope you have a wonderful day with your families.
George Washington’s Last Will and Testament, 9 July 1799 [Mount Vernon, 9 July 1799] In the name of God amen I George Washington of Mount Vernon—a citizen of the United States, and lately President of the same, do make, ordain and declare this Instrument; which is written with my own [...]