Personal Wealth Law News
Reviews developments in areas of the law that help people to accumulate, preserve and pass on wealth: estate planning, retirement planning, asset protection, charitable giving, fiduciary responsibility, special needs trusts and family business issues.
Author: Robert H. Louis is a partner and Kathryn H. Crary and Ryan R. Gager are associates at Saul Ewing in Philadelphia.
Blawg Related Categories: Trusts & Estates • Associate • Partner
Recent Posts from Personal Wealth Law News
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FDIC Insurance for Bank Deposits
Until very recently, few people gave much thought to the insurance of bank deposits provided by the Federal Deposit Insurance Corporation. And, it’s likely that few of us will ever have to be involved with…
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How Economic Uncertainty Can Help Your Retirement
Many people are now thinking that they will have to postpone their retirement, based on the dramatic downturn in the stock market in recent weeks. It has been a shock, although there are already signs…
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Finding Something Positive in the Stock Market Decline
It’s certainly a task to find anything positive in the startling drop in stock market levels. As of this writing, it’s unclear whether the drop has ended. Past history suggests that it will end, and…
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Tax Provisions of the Bailout Bill
On October 3, 2008, the House of Representatives passed the so-called “bailout bill”, designed to avoid a further deepening of the economic crisis, and President Bush has already signed the bill. To make the proposals…
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Schadenfreude- Don’t Bother to Deny It
Schadenfreude is the German word for taking pleasure in someone else’s misfortune. Like when someone speeds by you on I-95 and a few miles later, you see him pulled over by a state trooper. Schadenfreude.…
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The Current Financial Crisis
In an effort to understand how the current financial crisis is being addressed, we plan to post on this blog information about what is being done; not speculation or suggestion, but announcements of what steps…
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Lessons from the Hurricane
Not the one in Galveston; I’m not sure what lesson that teaches other than the need to live somewhere else. I’m referring to the one on Wall Street, which, it’s fair to say, hasn’t ended…
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ERISA: A Sword, a Shield, Perhaps, But Definitely the Law
The turmoil in the financial markets is certain to result in the loss of many thousands of jobs. The people who hold those jobs undoubtedly enjoy a variety of employee benefits, and some or maybe…
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‘The Dean is Furious! He’s Waxing Wroth!’
This was the only quote I could think of to introduce a discussion of planning with Roth IRA and retirement plan benefits. In response to this statement, Groucho Marx said: “Is Roth here too? Tell…
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Sign Here, My Dear
This was the title of a series of lectures to help spouses, mostly wives, understand financial matters. It addressed a very real problem that families face when the “financial spouse” passes on. What bills do…