Friday, March 06, 2009 Press Coverage of Estate Planning This Week (March 6, 2009)The Washington Post moderated an online discussion of pet trusts, with Attorney Peter King of Hauswiesner King LLP. King discussed the advantages of setting up a pet trust, what usually goes in the pet trust, and what happens to trust assets after the death of the pet, among other issues. See Advice for Pet Owners (Mar. 4, 2009).
Dow Jones Newswires reporter Arden Dale writes that passage of new estate tax legislation would make gifting sizable assets to children more popular as an estate planning strategy. The technique fell out of favor in recent years because of the uncertainty regarding repeal of the estate tax. See Why Children May Get More Gifted (Mar. 5, 2009).
Toledo (OH) Free Press writers Nolan Baker and Mark Clair discuss the importance of maintaining your estate plan, much like you maintain your car. The writers discuss how law changes and life changes can require updating your plan, and suggest regular estate plan checkups. See It's Time to Dust Off the Estate Plan (Mar. 6, 2009). |