Author: Pasternak & Fidis

October 4, 2016

P&F Attends A Wider Circle’s Community Ball 2016

For several years running, Pasternak & Fidis has contributed to A Wider Circle’s annual gala event, the Community Ball. Along with their spouses and partners, Alex Tanouye, Stephanie Perry and Nancy Fax attended the ball this year to show their support for the organization and its persistent efforts to eliminate poverty in the Washington Metro region. […]

August 29, 2016

P&F, Anne Coventry, Nancy Fax lauded by Chambers High Net Worth

Pasternak & Fidis, PC was recently listed in the latest Chambers & Partners High Net Worth publication as a leading firm in the field of Private Wealth in Washington, DC. Anne Coventry and Nancy Fax were singled out as “Notable Practitioners.”

August 26, 2016

CLIENT ADVISORY: New Proposed Treasury Regulations

The Treasury Department recently issued proposed federal regulations that could have a dramatic impact on your estate planning options by eliminating valuation discounts.  For wealthy people looking to minimize their future estate tax, this development is critical. Time is of the essence.  Once the proposed regulations are effective, which could be as early as year-end […]

August 21, 2016

Giving back through A Wider Circle

Estate Planning & Administration partner Alex Tanouye donated his time to A Wider Circle this weekend. A Wider Circle works to end poverty one family after another with the aim of giving everyone the chance to succeed. In addition to serving on the organization’s Board, Alex also regularly volunteers with the group like he did yesterday, driving […]

May 27, 2016

When Your Child Turns 18

18 is a momentous birthday.  Your child can register to vote!  Your son (but not your daughter) must register for the Selective Service.  Depending on which jurisdiction you live in, your child may become entitled to unilateral control over that UGMA/UTMA custodial account that you funded years ago. You have spent years managing things for […]

May 26, 2016

Getting Off to the Right Start: A Collaborative Premarital Agreement

Premarital agreements get a bad rap for being anti-romantic, anti-relationship and getting a marriage off to a bad start.  If they are done right, nothing could be further from the truth. The Collaborative Process has gained traction in the last decade as a respectful way for couples to settle their divorce issues outside of court. […]

May 25, 2016

Arbitration in Family Law Matters: Has Its Time Come?

Alternative dispute resolution embraces a variety of processes designed to resolve legal disputes outside of a formal court proceeding.  One such option is binding arbitration.  In binding arbitration a neutral decision-maker, who could be a retired judge or a lawyer with expertise in the subject matter of the dispute, is appointed make a decision to […]

May 16, 2016

Maryland enacts laws on Trusts and Digital Assets to take effect in October 2016

For a long time, the rule in Maryland has been that a divorce revokes the provisions of a will that benefit the former spouse, but we did not have the same rule for revocable trusts.  Beginning October 1, 2016, the same rule will apply to revocable trusts—divorce will revoke those provisions of the trust that […]