Why Every Business Owner Should Consider A Trust

by Trust Counsel | May 18, 2023 | Articles, Asset Protection, Business Succession, Estate Planning, Estate Tax, Financial, Incapacity, Trusts

Trusts are often underused or misused tools for business owners, as they can provide a range of tax, asset protection, and succession planning benefits, when established and maintained in the right way. As a Personal Family Lawyer® with family business planning...

4 Reasons Why Estate Planning Is Critical For Business Owners

by Trust Counsel | May 16, 2023 | Articles, Asset Protection, Business Succession, Estate Planning, Estate Tax, Financial, Incapacity, Inheritance, Trusts, Wills

If you are running a business, it’s easy to prioritize estate planning less than your other business matters. After all, if you’re facing challenges meeting next month’s payroll or your goals for growth over the coming quarter, concerns over your potential incapacity...

Still The Richest Cat in the World

by Trust Counsel | May 11, 2023 | Articles, Asset Protection, Estate Planning, Family, Trusts, Wills

It has become increasingly popular for the ultra-wealthy to leave behind millions for their beloved pets to be able to maintain their upper-class lifestyles after their owners pass away. Karl Lagerfeld’s cat Choupette is now back in the news as the 2023 Met Gala dress...

A WILL Won’t Protect your Pets!

by Trust Counsel | May 11, 2023 | Articles, Asset Protection, Estate Planning, Family, Inheritance, Trusts, Wills

If you’re a pet owner, you know the special bond that exists between you and your pets. So while you’re thinking about how best to provide for your family after you die or if you become incapacitated, it makes sense for your beloved pet to be a part of the plan. You...

Estate Planning Before You Travel: Why It’s Critically Important

by Trust Counsel | May 9, 2023 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Guardianship, Health Care Directive, Incapacity, Inheritance, Kids Protection Planning, Trusts, Vacation / Travel, Wills

Vacations can be the perfect opportunity to relax, disconnect from work and responsibilities, and enjoy your spouse, partner, kids’ or friend’s company. But before you head off on your next getaway, there’s something else you should consider doing that might not sound...