BDBF News and Legal Updates

Philip (“Phil”) Kuljurgis has joined Bulman Dunie as an “of counsel” attorney supporting our personal injury and litigation practices. Phil has over 15 years of experience in private practice and as claims counsel for a national automobile insurer. You can learn all about Phil’s professional bona fides by visiting our webpage and reading his biography...

“Can My Kids Be Co-Agents?” This is one of the more common questions we get asked when we work with families to complete their Advance Medical Directive and Financial Power of Attorney. When clients designate their initial Health Care Surrogate or Financial Agent, the instinctive choice is to designate a spouse. But what about a...

A common tool used by many of our estate planning clients is the use of a trust to protect a loved one’s inheritance. Where a trust is established, the inheritance is retained in trust for the benefit of a designated beneficiary, rather than distributed to that beneficiary outright (under the beneficiary’s control). By taking this...

With a new year comes updated exemptions for estate tax exclusion and gift tax for 2024. What is the “estate tax exemption” and where is it going in 2024? The estate tax exemption refers to the value (or sum) of non-charitable bequests that can pass tax-free to someone other than your spouse upon your death,...

Thanksgiving.  A time for food, football, and family. When families gather – particularly when multiple generations gather – it is not unusual for younger generations to broach the subject (sometimes after a glass of wine or two) about estate planning. We know this because, at Bulman Dunie, our phones seem to ring a little bit...

There is a significant piece of new law on the books effective January 1, 2024 that will impact all business owners, including many Bulman Dunie estate planning clients. Anecdotally, from talking to our clients who will be impacted by this change, most are not aware of this new law. The Corporate Transparency Act (the “CTA”) will...

Ch-ch-ChangesPretty soon you’re gonna get a little olderTime may change meBut I can’t trace timeI said that time may change meBut I can’t trace time “Changes” by David Bowie When clients sign their estate planning documents, whether it is a power of attorney, a will, or a trust, the odds are that at least one...