Pitfalls to avoid in Estate Planning
- July 13th, 2023
- David Greene
- Comments Off on Pitfalls to avoid in Estate Planning
Everyone should review her Estate Plan every two or three years. The beginning of the new year is a good tinme to do that. Here are some pitfalls to avoid. (1) Check your beneficiaries on your trust, will and financial…
What type of documents should I be considering for my Estate Plan?
- February 28th, 2023
- David Greene
- Comments Off on What type of documents should I be considering for my Estate Plan?
When people typically think of estate planning, the first thing that comes to mind is how they can control their assets after death. When considering this, most individuals come in to see us wanting to create some type of will…
How can one relinquish his authority under a Power of Attorney?
- September 20th, 2022
- David Greene
- Comments Off on How can one relinquish his authority under a Power of Attorney?
First let me point out that even though one is the agent pursuant to a Power of Attorney, she does not have to act pursuant to its authority. However, no one else can have Power of Attorney as long as…
Is a Durable Power of Attorney important?
- May 3rd, 2022
- David Greene
- Comments Off on Is a Durable Power of Attorney important?
It is very important! A durable Power of Attorney (POA) is simply legal authorization for someone else to act on one’s behalf. This usually only occurs if the grantor of the POA is incapacitated, but it can be useful in…
HAVE YOU MADE YOUR NEW YEAR RESOLUTIONS?
- January 13th, 2021
- David Greene
- Comments Off on HAVE YOU MADE YOUR NEW YEAR RESOLUTIONS?
Well, Christmas is over and we have rung in the New Year. During this past week many people made New Year resolutions. Did you make any? Most of these deal with either working on a healthier and better body or…
New Year Thoughts
- December 29th, 2020
- David Greene
- Comments Off on New Year Thoughts
As most of you know, the majority of my practice is dealing with IRS problems and Estate Planning. Today I want to pass along some thoughts about both of those areas. Even as the COVID-19 pandemic rages on, our problems…
If I have a Power of Attorney do I need a will?
- August 7th, 2020
- David Greene
- Comments Off on If I have a Power of Attorney do I need a will?
A Power of Attorney and a will are not related and one has no effect on the other. A Power of Attorney has legal validity only during a person’s lifetime and a will has legal validity only after a person…
What is the difference between a Power of Attorney and a Conservatorship? Part 2
- December 4th, 2019
- David Greene
- Comments Off on What is the difference between a Power of Attorney and a Conservatorship? Part 2
As I stated last week these are two legal powers that, in many instances, accomplish the same purpose in two completely different ways. I discussed the Power of Attorney last week and will cover the Conservatorship today. A person who…
What is the difference between a Power of Attorney and a Conservatorship?
- November 26th, 2019
- David Greene
- Comments Off on What is the difference between a Power of Attorney and a Conservatorship?
These are two legal powers that, in many instances, accomplish the same purpose in two completely different ways. I’ll discuss the Power of Attorney today and the Conservatorship next week. There are several kinds of Powers of Attorney but the…
Is a Trust only for the very rich – Part 2?
- August 7th, 2019
- David Greene
- Comments Off on Is a Trust only for the very rich – Part 2?
I mentioned that the three primary reasons for forming a trust are (1) avoidance of probate, (2) asset protection from creditors and (3) the ability to control your assets and how they are used for a long time after your…