One of America’s legendary playwrights was also an avid art collector, who amassed an extraordinary art collection. Unlike many collectors, he lived with his art, and it filled his downtown New York City loft. The Edward Albee Foundation will be…
It’s not an easy conversation to have, since you have your own personal finance matters. But there’s another piece of your financial life to consider: your parents and their finances. Here’s how it often goes: you don’t think you have…
Estate planning attorneys are often called upon to repair the damage, after homemade wills are found to be invalid. It sounds like a great idea, kind of like building your own furniture or baking your own bread. But wills and…
All a celebrity has to do is die without a will and the details of their lives are all over the news. There’s a fascination with seeing how those who have achieved a high degree of success, fortune and fame…
Certain situations present opportunities to lower the value of an estate before death, thereby decreasing tax liabilities for heirs. In cases where a loved one is on life support for an extended period time and is legally incapacitated, there may…
Being retired requires you to become the Chief Financial Officer of your own life. You need to manage your income, including Social Security, distributions from retirement accounts and any other sources and oversee investments. Most people think of retirement as…
A buy-sell agreement does more than protect the business owner, it protects the business owner’s heirs. Creating a buy-sell agreement for a business owner is a lot like a will—it needs to be updated to reflect changes in partnership agreements…
Whether you are working because you love what you do or because you need the extra money, there are certain steps to take to make the most out of working past the usual retirement age. Working long after your peers…
Merging lives also means merging finances, and a pre-nuptial agreement can be used as a roadmap to define and guide the process. The right tone can make all the difference. Planning a wedding? Today’s bride and groom are busy with…
Money and families can be very complicated. How do you know how much money to leave to your children, or if you want to leave anything at all? Different generations and different socioeconomic groups have different beliefs about whether or…