Our Blog
Welcome to the Hallock & Hallock Blog. We intend to use this as a forum to bring you news and updates from the Estate Planning and Business Planning world. We hope you find it generally thought provoking and at least occasionally, a bit humorous.
Latest Blog Posts
Planning Opportunities Available to ALL Families
Posted on: January 30th, 2012
With the $5.12 million per person exemption from federal estate tax ($10.24 million for married couples), most of the estate planning “talk” recently has been on the planning opportunities available to affluent families. However, the need for estate planning remains for everyone. A recent Forbes article suggests “common sense” guidelines for determining the extent one needs an estate plan....
Where is the Will?
Posted on: January 25th, 2012
While having sound documents is important, the wonderful plan you created is of no use if no one can find it. Judging from the inquiries I often see it is not uncommon for people to pass without having informed anyone of the location of their estate planning documents or the attorney who prepared them. ...
Who Gets the Cabin this Weekend?
Posted on: January 19th, 2012
One of the planning challenges we often run into is planning for the family cabin or vacation home. Often there are strong emotional ties to the vacation home by all of the children. But who gets to use the home when and who pays how much for property taxes and other expenses can often lead to significant conflicts. ...
Most Ridiculous Lawsuits of 2011
Posted on: January 5th, 2012
As I was preparing over the last few days for an upcoming presentation to the local Rotary Club on the “Seven Levels of Asset Protection” I came across a list of the Most Ridiculous Lawsuits of 2011....
When Good is Good Enough
Posted on: December 30th, 2011
If you read business books of any kind you will quickly come across the idea from Jim Collins’ book Good to Great that good is the enemy of great. But I was struck again this week as I read an article in Smart Money magazine by Glenn Ruffenach titled “Some Long-Term-Care Insurance is Better than None” that the “good is the enemy of great” axiom doesn’t always hold true. This is especially true in the realm of planning....
