Should Childless Couples Have a Will? Estate Planning Without Children

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...

Celebrity Estate Plan: Jay Leno’s Case is No Laughing Matter

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...

What You Need to Know About the IRS Rule Change in Irrevocable Trusts

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...

Why You Should Update Your Estate Plan During Election Year

by Trust Counsel | Jul 26, 2024 | Articles, Estate Planning

Estate planning is an ongoing process that requires regular review to ensure your wishes are honored and your assets are protected. However, during an election year, this becomes even more crucial. With the upcoming elections in November, changes in tax policies,...

The Hand of Chaos: Lessons from Maradona’s Tangled Estate

by Trust Counsel | Jul 24, 2024 | Articles, Celebrity Estates, Estate Planning

Diego Armando Maradona, one of soccer’s greatest, left an indelible mark with his incredible skill and the infamous “Hand of God” goal in the 1986 World Cup. However, Maradona’s personal life was marked by controversies, numerous relationships, and...

Score Big with Estate Planning: Safeguarding Your Young Athlete’s Future

by Trust Counsel | Jul 19, 2024 | Articles, Estate Planning, Family, Guardianship, Kids Protection Planning

As a parent of a budding sports star, you understand the dedication it takes for your child to excel in their sport. From early morning practices to weekend tournaments, you’ve supported them every step of the way. But have you considered an estate plan? Estate...