There are different taxes for which an estate may be subject. These include (a) estate taxes; (b) income tax; and (c) inheritance tax.Read More
Paley Rothman shares this library of resources with clients and friends of the firm to help them stay ahead of legal and business developments and trends. Here, you will find helpful tips and tools written by our attorneys and relevant to our areas of practice. If you have any questions about the content available in the resource center, please contact us.
There are many different ways to title assets. These include...Read More
Initially, it is important for the Personal Representative or Trustee to gather all information about the decedent’s assets. This information is needed for several reasons, most notably probate and estate tax purposes.Read More
Generally, if assets are to be distributed directly to a minor (either under a Will or by beneficiary designation), the law of many states require that a special account be created for the funds until the beneficiary is 18.Read More