A Tragic Oversight: Kobe Bryant’s Youngest Daughter Mistakenly Left Out of Family Trust

by Trust Counsel | Jul 8, 2020 | Articles, Asset Protection, Business Succession, Estate Planning, Estate Tax, Family, Financial, Trusts, Wills

In January, we reported how the deaths of NBA legend Kobe Bryant (Kobe) and his 13-year-old daughter, Brianna, in a helicopter crash demonstrated the vital need for estate planning for people of all ages. At the time, little was known about the planning strategies...

James Brown’s Estate Plan

by Trust Counsel | Jun 30, 2020 | Articles, Asset Protection, Business Succession, Estate Planning, Estate Tax

It’s been fourteen years since the world mourned the loss of music icon James Brown, the Godfather of Soul. Yet all this time, his estate has been mired in litigation. But thanks to a new court ruling, that could finally be coming to an end. The problem isn’t that...

Your “Blended” Family Is Likely Headed to Court Unless You Do This

by Trust Counsel | Jun 26, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Trusts, Wills

If you have a blended family and do not plan for what happens to your assets in the event of your incapacity or eventual death, you are almost certainly guaranteeing hurt feelings, conflict, and maybe even a long, drawn out court battle. So let’s start with clarity...

How Do Trusts Help You Save on Taxes?

by Trust Counsel | Jun 19, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Trusts, Wills

Many people come to us curious (or confused) about trusts and taxes. So today’s article is going to sort it out and clarify things for you. There are two types of trusts, and each have different tax consequences. Revocable trusts, which are the far more commonly used...

Epstein’s 100 Biological Children Claim Inheritance

by Trust Counsel | Jun 19, 2020 | Articles, Celebrity Estates, Inheritance

Jeffrey Epstein is a notorious figure in recent history for a lot of reasons. But since his possible suicide in 2019, more than 100 people have come forward claiming that Epstein is their biological father. If even a small percentage of those claims prove to be true,...

Learning to Flourish, Even in a Financial Crisis

by Trust Counsel | Jun 8, 2020 | Articles, Financial

Maybe you, like many of us, have been raised to think that the safest way to live in the working world is to have a good career and a steady paycheck. This financial crisis is challenging that framework for many people. Even if you had a steady job, and even if you...