Aug 30 2023
Understanding the Complexities of Estate Planning With Gary Altman
Gary Altman is the Founder and Principal Attorney at Altman & Associates, a law firm specializing in estate, legacy, and business planning. Having been in the field since 1980, Gary brings over three decades of experience to the practice. His firm serves the Washington metropolitan area, guiding individuals, couples, high-net-worth families, corporate fiduciaries, businesses, and charitable organizations. His expertise extends to complex estate matters, including contested estates and trusts, probate matters, and the generational transfer of wealth. Nationally recognized as an authority in his field, Gary has been acknowledged by the Washingtonian magazine and Bethesda magazine as one of the DC, Maryland region’s “Best Estate Planners.” A trusted legal analyst, Gary's insights and writings have appeared in The Washington Post, The NY Times, The Wall Street Journal, and FOX News, among other outlets. In this episode… Estate planning is a crucial yet often misunderstood topic. Although not the most sought-after nuance in the legal industry, estate planning is arguably the most critical facet from the client's perspective. Have you considered what will become of your assets when you pass away? Is it too early or too late to start planning? Consider how your loved ones will be affected by your passing away. Not only will your family be grieving your loss, but they’ll also be burdened with putting your affairs in order. Gary Altman, a lawyer with over 30 decades of experience, asserts it's never too early to start estate planning. As your family and assets evolve, you must update your will as often as necessary. Planning ahead leaves less for your loved ones to decide on your behalf. In this episode of 15 Minutes, host Bela Musits engages in a profound conversation with Gary Altman, Founder and Principal Attorney of Altman & Associates, about the intricate world of estate planning. Gary explains why estate planning extends beyond a written will, the significance of tax implications, and the crucial role of specialists in this domain. He also shares his inspiring journey of establishing his firm and his golden nuggets of advice for budding lawyers in the field.