Welcome to Eagle & Fein, P.C. While the Trustmaker is alive, the Trustee has a fiduciary duty to uphold the purpose of the trust and maintain the trust for the interest of the Trustmaker and future beneficiaries. While the Trustmaker is incapacitated, key Trustees duties include: (1)...
Welcome to Eagle & Fein, P.C. Have you ever wondered what a Trustee is and how they are involved in a Trust? A Trustee is the person appointed by the Trustmaker to manage the property and assets of the trust. This role comes with a fiduciary...
Welcome to Eagle & Fein, P.C. 🌟 Are you focusing on appearances or arrivals in your leadership journey? 🚀 This week, we wanted to share a powerful message from The Daily Coach about the difference between appearances and arrivals when it comes to success. 🏆 Appearances may give...
7.24.2024 Welcome to Eagle & Fein, P.C. We are excited to share our Firm Newsletter with you! For the November/December issue, we are featuring the following articles: How Summer Jobs Shaped My Career The Essential Guide to Estate Planning for Blended Families What Happens When Blended Families Do Not...
Welcome to Eagle & Fein, P.C. 🌟 After Connelly: If insurance is owned by a limited company or corporation, can the policy be transferred from the limited company or corporation to the insured to avoid the impact of Connelly?Yes! A life insurance policy owned by an...
Welcome to Eagle & Fein, P.C. 🌟 In continuation of our Connelly v United States series. All limited liability companies or corporations should consider a cross-purchase agreement, where members/shareholders, or trusts for the member’s/shareholder’s benefit, purchase insurance on each other. Avoid complications of Connelly by ensuring...
Welcome to Eagle & Fein, P.C. 🌟 It's time to review your buy-sell agreement with tax implications in mind. With the estate tax basic exclusion exemption amount set to decrease in 2026, owning life insurance through your company can have a big impact on your estate...
Welcome to Eagle & Fein, P.C. ⚖️On June 6, 2024, the Supreme Court of the United States decided Connelly v. United States, No. 23-146, holding that a corporation’s contractual obligation to redeem shares is not necessarily a liability that reduces a corporation’s value for purposes of...
We are overjoyed to announce Associate Attorney Evan Golightly and his wife Mindy, welcomed their second daughter Bridget Ann on June 28th! Bridget joins big sister, Ellie! Everyone is doing great and adjusting to being a family of four! Join us in congratulating Evan! ...
Welcome to Eagle & Fein, P.C. 🌟 Planning for the future is important, especially when you have a child with a disability or special needs. One key aspect to consider is including provisions for their care in your Estate Plan. This ensures that your child will...