Monthly Archives: March 2016

Misconceptions about Financial Powers of Attorney- Each of the following statements is false

1. Financial powers of attorney allow your agent to act when you want him or her to act, but they prevent your agent from acting when you don’t want him or her to act. 2. If your bank or broker … Continue reading

Posted in Estate Planning, Law, POA, special needs, Uncategorized | Leave a comment

New IRS Form 8971

On the later of March 31, 2016 or 30 days after the filing of an estate tax return (form 706), for 706s filed after July 31, 2015, the filer is also required to file form 8971 with the IRS and … Continue reading

Posted in Estate Planning, Law, Super Lawyer, taxes, Trusts, Uncategorized, wills | Leave a comment