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2007>March

  • Recent Developments

    Preserving Charitable Intent: The famous Barnes Foundation has operated an incredible art museum in Merion, PA featuring scores of Cezannes, Matisses and Renoirs. Unfortunately, due to severe restrictions in the foundation’s trust indenture, this venerable institution has been on the verge of bankruptcy. A plan was proposed to save the Barnes Foundation if the court…

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  • Planning Potpourri

      Protect Your Domain: A man’s home use to be his castle. A man’s home might now be his domain. Like many entrepreneurs, you may have accumulated nearly a score of domain names. Your key businesses have domain names. The ideas you were batting around with Joe at the corner bar led you to reserve…

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  • Boomer Estate Planning

      Boomer estate planning has some special twists. For the record, we’re referring to the cohort born between 1946 and 1964. While that includes Boomer Esiason (born April 17, 1961) the former Jet’s quarterback, we’re not limiting our planning to him.   Boomer Vagabonds: Andy of Mayberry never would have left Mayberry. But Boomers are…

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  • Serving as Trustee

    Aunt Edna died and you just found out you were appointed trustee. Read on. People Trust in Trusts: A substantial portion of wills establish trusts. Many wills include multiple trusts: by pass (applicable exclusion) trusts to safeguard the amount the first spouse to die can pass without estate tax, marital (QTIP) trusts for the excess,…

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