by Trust Counsel | Aug 23, 2024 | Articles, Celebrity Estates
Kate Spade was more than just a name; she was a pioneer in the fashion world, a brand that became synonymous with style and sophistication. However, behind her success story lies a tragic tale that highlights the importance of estate planning. Spade’s untimely...
by Trust Counsel | Aug 16, 2024 | Articles, Celebrity Estates, Estate Planning
When we think of Carrie Fisher, we remember her as Princess Leia from Star Wars, a talented actress, and a witty author. However, her passing, along with that of her mother, Debbie Reynolds, brought to light the importance of estate planning. Let’s take a closer...
by Trust Counsel | Aug 9, 2024 | Articles, Estate Planning
When we think about estate planning, it’s often about leaving your assets to your children. But what happens when a couple has no children? Childless couples still need to plan carefully to ensure their assets are distributed according to their...
by Trust Counsel | Aug 2, 2024 | Articles, Celebrity Estates, Estate Planning
To illustrate the importance of planning for incapacity, we’ll examine the real-life court case involving Jay Leno and his wife, Mavis. I assure you, it is no laughing matter.The Leno case highlights what happens when you or a loved one becomes incapacitated and what...
by Trust Counsel | Jul 31, 2024 | Articles, Estate Planning, Estate Tax, Inheritance, IRS, Trusts, Wills
Estate planning is a critical component of financial security, yet it often involves navigating a maze of tax regulations and legal considerations. One recent change in IRS regulations has significant implications for those using irrevocable trusts as part of their...
