Estate Planning Lessons from Howard Stern: The Slayer Rule


Thank you for reading the August edition of BMC’s End of the Month Newsletter. I heard an interesting story on the Howard Stern Show (for research, of course) this week, and it actually related to estate planning! The story answers the age-old question: What happens when your beneficiaries kill you? According to many news outlets, including the New York Daily News and Howard Stern’s

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N.Y. Estate Tax


The estate tax rate in the state of New York is between 5 and 16 percent depending on the value of your estate. If you are the administrator of an estate in New York, you should be aware that you must file your estate tax within nine months of the decedent’s death. You must file a New York State estate tax

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David Bowie — Estate Planning Genius!


On January 10, 2016, the world lost a music icon. David Robert Jones, also known as David Bowie, passed away from liver cancer just two days after his newest album, “Blackstar“, was released. Bowie’s legacy will always be remembered through his music, but what most people do not know, is that Bowie was also an estate planning genius. In the

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