Fishkind discusses simultaneous death clauses in CNBC article
Russell Fishkind, a partner in Saul Ewing’s Private Client Practice, discusses the importance of adding simultaneous death clauses to your estate plan in an article on CNBC. The article explains that occasionally parties with intertwined estates die simultaneously, creating complications with the estates and beneficiaries. Russell explains in the article how to avoid complications associated with such a tragedy.
“So-called simultaneous death clauses specify which person should be deemed to have died first, which can be an important consideration for estate taxes and the ultimate direction of the bequests,” said Russell Fishkind in the article.
To read the full article, click here.