Readers in Palm Beach Gardens may be interested in a recent court ruling touching on the issue of guardianship where Alzheimer’s disease may be a factor. While the court decision comes from Guam and has no formal legal precedent in the United States, its reasoning may be of some import to judges in this country considering similar issues. A wealthy husband and wife in Guam were both diagnosed with Alzheimer’s disease in 2007. The husband has since died, though the wife remains alive….
Estate planning sometimes follows the loss of a loved one, adding to the difficulty in making important decisions. When there are governmental delays in sending out required estate tax forms, it essentially puts the state of estates in limbo. Such is the case for a Florida woman, who is confronting the necessary estate tax planning for the multi-million dollar estate of her late husband.
The Florida woman lost her spouse in early 2010. Together, the couple shared an $8 million dollar estate, but she is concerned over how much she will have left once she pays estate taxes to the IRS….