by Trust Counsel | Jul 12, 2019 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial
While most people assume only the uber wealthy need to worry about asset protection, those with less wealth and fewer assets may be at even greater risk. For example, if you’re a multi-millionaire, a $50,000 judgment against you might not be that big of a burden. But...
by Trust Counsel | Jul 11, 2019 | Articles
In our last newsletter, I discussed the wide spread speculation that fashion icon, Gloria Vanderbilt, would leave her entire legacy to charity and effectively disinherit her sons, including famed CNN Journalist Anderson Cooper. Well, Vanderbilt surprised many. As it...
by Trust Counsel | Jul 11, 2019 | Articles, Asset Protection, Estate Tax, Financial
Not long ago, Facebook announced the impending launch of a new currency, the Libra. The news ignited a firestorm of debate among politicians, economists, tech giants, and even lobbyists. They argue everything from the potential impact of cryptocurrency on the global...
by Trust Counsel | Jul 5, 2019 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial
In a recent Facebook post “Processes to go through with your parents before they die,” Daniel Schmachtenberger, founder of the Critical Path Institute, outlined seven simple exercises to use with your parents that can offer significant healing and completion for their...
by Trust Counsel | Jun 28, 2019 | Articles, Family, Financial
In the first part of this series, we discussed the dangers of reverse mortgages for senior homeowners. Here, we’ll look at how these complex loans can negatively impact your family and estate plan. For decades, reverse mortgages have been touted as an easy way for...
by Trust Counsel | Jun 27, 2019 | Articles, Celebrity Estates, Estate Planning, Estate Tax, Inheritance, Trusts
Gloria Vanderbilt, railroad heiress and fashion icon of her own right, passed away last week at the age of 95. Though her Will has not been made public yet, the question of who will inherit her estate, which is estimated to be about $200 million, has been drawing...
