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Rick Sanders is quoted in an October 10 "Biz Brain" column in The Star-Ledger, which addresses the best way to leave money to grandchildren. When considering leaving money through a will or establishing CDs, he says the latter could be problematic: "In the event that a grandchild predeceased you, if the CD were owned by the grandchild, its disposition would then be controlled by the grandchild's will -- if he or she is an adult who has a will -- or by the intestacy laws of the State of New Jersey if the grandchild had no will or was a minor." Rick continues, "You would thus lose control over the ultimate disposition of the funds if there was an unlikely order of deaths."
The full column can be found here.
On January 19, Heidi Seely and Christopher Voukides presented on the Boston Bar Association webinar, "Trust & Estates Mid-Year Review."
On December 16, Johanna Goulding presented "Introduction to Trusts" at the virtual seminar Estate Planning: MCLE BasicsPlus!
Day Pitney Estate Planning Update
Day Pitney Estate Planning Update
Day Pitney Estate Planning Update
Day Pitney Press Release
Day Pitney Press Release
Day Pitney Press Release
Day Pitney Press Release
Glenn Rybacki gives an in-depth summary on what domicile is and the preparations necessary for a potential audit in "Domicile Changes and Audits Increase in Connecticut," his latest entry in State Tax Notes.