by Trust Counsel | Dec 30, 2024 | Articles, Estate Tax
While high inflation is generally bad for the economy, the upside is that various tax figures adjust upwards for inflation on an annual (or other) basis. Because fairly high inflation continued during 2024, we reap the rewards of higher-than-normal increases in...
by Trust Counsel | Dec 27, 2024 | Articles, Estate Planning
The desire to make a difference doesn’t end when we’re gone. For many people, incorporating charitable giving into their estate plan provides a way to support causes they care about while creating a lasting legacy. Whether you want to establish a...
by Trust Counsel | Dec 27, 2024 | Articles, Business Succession, Business/ Corporate Law
UPDATE: Many recent changes have occurred related to the Corporate Transparency Act (“CTA”) and the requirement for all business owners to disclose their personal information to the US government. Here’s what’s transpired since a Texas federal court first suspended...
by Trust Counsel | Dec 19, 2024 | Articles, Celebrity Estates
Luigi Mangione, a 26-year-old Ivy League graduate now charged with the murder of UnitedHealthcare CEO Brian Thompson, may face more than just legal consequences. His grandmother, the late Mary Mangione, a Baltimore philanthropist and wife of real estate mogul Nick...
by Trust Counsel | Nov 27, 2024 | Articles, Estate Planning
As Thanksgiving approaches, many families are busy planning menus, coordinating travel, and preparing for the big feast. While the turkey, stuffing, and pumpkin pie are important (and delicious) traditions, this cherished holiday offers something even more valuable—a...
by Trust Counsel | Nov 26, 2024 | Articles, Celebrity Estates, Estate Planning
When legendary singer Tony Bennett passed away in July 2023, he left behind an estimated $100 million estate and, unfortunately, a family divide threatening to tarnish his legacy. His daughters Antonia and Johanna Bennett are now suing their brother, Danny, who serves...
