by Barbara M. Pizzolato, Esq. | Mar 25, 2015 | Estate and Trust Administration, Estate Planning, Tax Planning
Before an estate can be closed, all of the proper taxes must be paid. For those who do not have previous experience administering an estate, this can be a daunting task, especially if they do not know what taxes need to be filed. An executor has two basic functions....
by Barbara M. Pizzolato, Esq. | Mar 24, 2015 | Estate Planning, News and Current Events
A university as old as Princeton has received many bequests, but perhaps none quite as magnificent as a recent bequest that is the largest Princeton has ever received. The university recently revealed the contents of the $300 million bequest. Some amazing treasures...
by Barbara M. Pizzolato, Esq. | Mar 23, 2015 | Estate Planning
If someone does not wish to receive a specific inheritance, they can disclaim it. However, what happens if the person is a minor? It is up to the parents to disclaim the inheritance on the minor’s behalf. Recently, a Brooklyn judge rejected one parent’s...
by Barbara M. Pizzolato, Esq. | Mar 20, 2015 | Asset Protection, Estate Planning
The best-selling book Empty Mansions will soon be made into a movie. It details how a 104-year-old-heiress who held a ticket on the Titanic lost her fortune. Huguette Clark was the heiress to a copper mining fortune worth $300 million. However, by the time she passed...
by Barbara M. Pizzolato, Esq. | Mar 19, 2015 | Estate Planning, News and Current Events
Celebrity estate plans are often best known for their mistakes. One recently deceased celebrity made the biggest estate planning mistake of them all. He didn’t have an estate plan. Greg Plitt might not be a household name to everyone. He is not the most famous...
