Is it OK to leave your children unequal shares of your assets? Here’s how the issue was framed in the Ethicist column on the New York Times Magazine:
This is the situation: An elderly parent has a fair amount of money and two children. One is wealthy with luxury properties, a spouse…
Greetings all. If you are stuck at home and without basic legal documents, read on. In the spirit of offering what I can to help people gain some piece of mind amidst the panic and uncertainty of the pandemic, here are some resources that you can use to get the basics in order, for now.
As I…
As the season turns and it starts to feel like Fall, many parents are either paying college tuition bills or worrying about paying them. Many of my clients have asked me how 529 college savings plans or custodial accounts are counted when colleges consider financial aid.
Here are the basic…
Custodial accounts are an easy way to hold money for a minor child’s benefit. They have many advantages. They’re free-it’s easy to open up a custodial account at any bank or financial services company. (You’ll know if an account is custodial in California because…
