Family Law

• Divorce

Business and Corporate Law

• Corporate Law
  The Law Offices of Jay A. Rose focuses its practice in the area of Asset Protection from lawsuits, Estate Planning, Probate and Trust Law and Corporate Law. In addition, they handle formation and compliance issues for family charitable foundations and nonprofit tax exempt organizations.

Trusts and Estates

• Estate Planning
  As an estate planning law firm, we work closely with other professional advisors, including Certified Financial Planner™ Practitioners, investment advisors, financial consultants, insurance professionals, Certified Public Accountants and tax advisors. We believe the team approach provides our clients with the most comprehensive, realistic and effective estate plan. To that end, we strive to keep you informed and involved at all stages of the estate planning process.
• Wills
  You were to sell them yourself) are commonly contributed because they tend to be low-income producers and have a low income tax basis.] Second, the CRT sells the asset without capital gains taxation and then reinvests the proceeds in an income-producing portfolio that grows, income tax free, inside the CRT. Third, you (and your spouse) receive a lifetime income plus valuable income tax deductions for up to six years. Fourth, if the ultimate charitable beneficiary changes for the worse during your lifetime, then you may replace them with another charity by reference in your Last Will & Testament. Moreover, if your ultimate charitable beneficiary is your own Donor-Advised Fund (DAF), then you may appoint your heirs or others to further advise your DAF regarding its future charitable beneficiaries in keeping with your predetermined guidelines. Such an approach may allow you to transfer your legacy of charitable giving to your generations yet unborn.
• Trusts
  If you have a properly funded Revocable Living Trust along with a current inventory of all of your assets, then you will dramatically lighten the Collection & Management burden on your fiduciaries. Nevertheless, even if your Life & Estate Plan does not include a Revocable Living Trust, a current inventory will spare your fiduciaries considerable time, aggravation and money in fulfillment of their initial responsibility.
• Probate

Finance Law

• Tax Law
  The Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) went into effect on January 1, 2002. This new law provides welcome relief from federal estate taxes by increasing the estate tax exemption and reducing the top estate tax rate until full repeal of the federal estate tax in 2010. Unfortunately, Title V of EGTRRA declares its own death effective January 1, 2011. At that time the federal estate tax returns to its pre-EGTRRA form. The only thing certain about this future tax uncertainty is the need for proper federal estate tax planning. Why? Without proper planning, your family may have to sell your family business just to meet the IRS cash call.