Podcast
Lowenstein Sandler's Trusts & Estates Podcast: Splitting Heirs
Hosted by Lowenstein Sandler LLP · EN
An information packed and hopefully entertaining guide to estate planning and the world of trusts and estates. Estate planning really involves thinking about the people and things that are most important to you—family, loved ones, charitable causes and everything else that gives your life meaning. Religious leaders, wealth advisors, divorce attorneys and others will team up with experienced trusts and estates lawyers from Lowenstein Sandler to offer you creative, outside the box approaches to achieving your estate planning goals.
14episodes
Episodes
Newest firstAll episodes
The Divorce, the Innocent Spouse, and the $78,000 Mercedes
Feb 27, 202400:32:03Tap to summarizeHost Warren K. Racusin welcomes Melissa L. Wiley of Lowenstein's Tax practice and Elie Honig, CNN senior legal analyst, former federal prosecutor, and special counsel in Lowenstein's White Collar Criminal Defense practice, to the "Splitting Heirs" podcast to discuss the case of DeGuzman vs. the Commissioner of Internal Revenue, where a wealthy couple splits up and gets into a fight about responsibility for tax liability incurred during their marriage. The lawyers examine the concept of "the innocent spouse," the differences between criminal tax fraud and civil tax fraud, how tax laws can be used to bring down organized crime bosses, (and why Hermes bags always seem to figure prominently in these kinds of cases). Speakers: Warren K. Racusin, Partner and Chair, Trusts & EstatesElie Honig, Special Counsel, White Collar Criminal DefenseMelissa Wiley, Partner, Tax
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Home Is Where the Heart Is (and where the IRS will try to find you): Thinking of Living Abroad? Even ExPats May Have to Pay U.S. Taxes
Oct 31, 202300:25:51Tap to summarizeUnlike most countries in the world, if you are a citizen or resident of the United States, the government gets to tax all of your worldwide income, regardless of where it's earned or where you live. And if the IRS decides that your tax home is the US your family may get hit by an estate tax, even if you aren't a citizen or resident. In this episode of "Splitting Heirs," host Warren K. Racusin speaks with fellow partner Megan E. Wernke about international and cross-border tax planning, and the different obligations and documents required for individuals with assets or income in the U.S. but who are domiciled elsewhere; have renounced their U.S. citizenship completely; or who are considered non-resident aliens. Speakers: Warren K. Racusin, Partner and Chair, Trusts & Estates Megan E. Wernke, Partner, Private Client Services
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The Sad Tale of Hubby and Lovey: Preparing One's Estate for the Possibility of Divorce
Jul 27, 202300:30:06Tap to summarizeIn this episode of "Splitting Heirs," Warren K. Racusin, partner and Chair of Lowenstein's Trusts & Estates practice, speaks with Sharon L. Klein, EVP, President - Family Wealth, Eastern U.S. Region & Head of National Divorce Advisory Practice, Wilmington Trust, N.A., about estate planning for divorcing couples, including "grey divorce"—when couples in their 50s and older—often with significant assets—decide to go their separate ways. They address the importance of—before initiating divorce proceedings—reviewing all of one's estate planning documents, including beneficiary designations, executors, trusts, and prenuptial agreements, to make sure that they reflect your current wishes, and they illustrate the dangers of failing to prepare for a split with examples of disastrous celebrity breakups. Speakers: Warren K. Racusin, Partner and Chair, Trusts & EstatesSharon L. Klein, EVP, President - Family Wealth, Eastern U.S. Region & Head of National Divorce Advisory Practice, Wilmington Trust, N.A.
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The Case of the Disappearing Trust
Jan 19, 2022Tap to summarizeLowenstein Sandler lawyer Joseph Romano and investment advisor Julie Jackson discuss creating, managing, and investing trusts, plus how to keep a child with a trust from turning into a trust fund baby. Speakers: Warren Racusin, Chair, Trusts & Estates Joseph Romano, Associate, Trusts & Estates Julie Jackson, Managing Director, 1919 Investment Counsel
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