How to Save Big Money on Your 2020 Taxes—Part 1

by Trust Counsel | Nov 19, 2020 | Articles, Asset Protection, Business Succession, Business/ Corporate Law, Estate Planning, Estate Tax, Family, Financial, High Net Worth, Income Tax, IRAs / 401(k), Liens/Debt, Real Property / Real Estate, Trusts, Wills

When you first realize that your biggest personal and business expense—bar none—is taxes, it can come as quite a shock. Seeing so much of your hard-earned money wind up in the government’s hands can feel like a shakedown. That said, focusing a relatively small amount...

Black Panther Star Chadwick Boseman Dies Without A Will—Part 1

by Trust Counsel | Nov 17, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial, Trusts, Wills

On October 15th, nearly two months after the death of Black Panther star Chadwick Boseman, his wife, Taylor Simone Ledward, filed documents with the Los Angeles probate court seeking to be named administrator of his estate. Earlier this year, Boseman and Ledward were...

Getting Divorced? Don’t Overlook These 4 Updates to Your Estate Plan—Part 1

by Trust Counsel | Nov 13, 2020 | Articles, Asset Protection, Business Succession, Business/ Corporate Law, Case Law, Celebrity Estates, Estate Planning, Estate Tax, Family, Financial, Guardianship, Health Care Directive, High Net Worth

Going through divorce can be an overwhelming experience that impacts nearly every facet of your life, including estate planning. Yet, with so much to deal with during the divorce process, many people forget to update their plan or put it off until it’s too late....

Start Planning Now to Prepare Your Estate for a Possible Democratic Sweep—Part 2

by Trust Counsel | Oct 30, 2020 | Articles, Asset Protection, Business Succession, Business/ Corporate Law, Case Law, Estate Planning, Estate Tax, Financial, Gift Tax, Guardianship, Income Tax, Inheritance, IRAs / 401(k), IRS, Kids Protection Planning, Liens/Debt, Probate, Real Property / Real Estate, Special Needs Planning, Trusts, Wills

No matter who you vote for on November 3rd, you may want to start considering the potential legal, financial, and tax impacts a change of leadership might have on your family’s planning. As you’ll learn here, there are a number of reasons why you may want to start...

4 Reasons Why You Can’t Afford to Go Without An Estate Plan

by Trust Counsel | Oct 23, 2020 | Articles, Asset Protection, Estate Planning, Family, Financial, Guardianship, Health Care Directive, Inheritance, Intellectual Property, Kids Protection Planning, Probate, Real Property / Real Estate, Retirement, Trusts

October 19th-25th, 2020 is National Estate Planning Awareness Week, so if you’ve been thinking about creating an estate plan, but still haven’t checked it off your to-do list, now is the perfect time to get it done. If you or anyone you love has yet to...

Mary Trump Sues President & Family for Inheritance Fraud!

by Trust Counsel | Oct 22, 2020 | Articles, Asset Protection, Business Succession, Estate Planning, Estate Tax, Financial, Income Tax, Inheritance, Liens/Debt, Probate, Real Property / Real Estate

Mary Trump, President Donald Trump’s niece, is suing the president over claims that he cheated her out of tens of millions of dollars of inheritance decades ago by manipulating the value of properties and lying to her about the worth of her inheritance.  The...