Vallone Law Blog

Nobody lives forever, but our legacies will. There's a lot to think about when it comes to your final act and what and who you leave behind. This is a blog about estate planning, elder law, and wisely looking ahead.
A Guide to Tax on Generation-Skipping Transfers

A Guide to Tax on Generation-Skipping Transfers

A tax imposed by the US government on transfers that skip a generation of heirs is known as a generation-skipping transfer (GST). Its primary design is to prevent wealthier individuals from avoiding estate and gift taxes by transferring large amounts of assets to their grandchildren, bypassing their children.

Estate Planning Documents for Health Care

Estate Planning Documents for Health Care

Estate planning most commonly involves wills and trusts and the transfer of assets to the next generation. However, there is another part of estate...

Trustee Appointment: What to Do

Trustee Appointment: What to Do

You have been asked to be the trustee of your friend Rose's trust.  Despite your desire to help, you have concerns about the responsibility...

An Overview of Advance Directives

An Overview of Advance Directives

Winnie's nursing home room door is open, and Kevin is standing in front of it, tears running down his cheeks. The medical staff just finished...

Estate Planning Basics You Need to Know

Estate Planning Basics You Need to Know

The law regards estate planning as simply the aggregate of property owned by an individual, and most everyone owns at least some property. Property...