Tweet There are two basic ways to make a gift of life insurance: an irrevocable gift of a new or existing policy where the donor gives up all incidents of ownership, or by naming the nonprofit organization as the outright or contingent beneficiary of a policy. Each approach has advantages and disadvantages. Irrevocable gift of [...]

Tweet Many of us have charitable objectives. We would like to repay society for the blessings we’ve received and, at the same time, fulfill a desire to “give back” to those who have given us so much. But many of us may feel somewhat frustrated — having the desire to make substantial gifts and yet [...]

Tweet If you own a home, Attorney Michael Dobronos strongly recommends you purchase an umbrella policy that covers (like an umbrella) your home and cars. He further goes on to explain that this insurance also covers other unique situations, like sports related injuries, and items on your property, such as trampolines, dirt bikes, all terrain [...]

Tweet What is rental insurance? Suppose your building burns down, or a flood, tornado, or other disaster destroys all your belongings. Many people assume that “the landlord’s insurance” will pay you for your loss. Unfortunately this is not the case. Landlords have relatively few legal obligations to compensate tenants for damage to or loss of [...]