by Trust Counsel | May 30, 2019 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Wills
As if the estate of the late Queen of Soul did not have enough issues—millions owed in back taxes, a hefty estate tax, a special needs heir and a lack of an estate plan (click here for our previous article on Aretha)—the latest news coming out of Michigan is surely a...
by Trust Counsel | May 24, 2019 | Articles, Asset Protection, Estate Planning, Estate Tax
Got a ‘Blended Family’? Learn From Tom Petty’s Mistakes: His Daughters and Widow Are Now Locked In Bitter Battle Over His Estate This week Tom Petty’s daughters escalated the battle over their late father’s estate by filing a lawsuit against Petty’s second wife that...
by Trust Counsel | May 17, 2019 | Articles, Family, Incapacity
The Real Cost To Your Family: Not Planning For Incapacity This is the first in an ongoing series of our articles discussing the true costs and consequences of failed estate planning. The series highlights a few of the most common—and costly—planning mistakes we...
by Trust Counsel | May 16, 2019 | Articles
Con el nacimiento del nuevo bebé de la duquesa de Sussex, Archie Harrison Mountbatten-Windsor, se ha prestado cierta atención a las consecuencias fiscales de convertirse en ciudadano de los Estados Unidos, ya que el nuevo bebé de la realeza británica adquirió...
by Trust Counsel | May 16, 2019 | Articles
With the birth of the Duchess of Sussex’s new baby, Archie Harrison Mountbatten-Windsor, some attention has been given to the tax consequences of becoming a U.S. citizen, as the new royal baby automatically acquired citizenship by virtue of being born to a U.S....
by Trust Counsel | May 16, 2019 | Articles
Say what? Yes, you read correctly. Baby Archie (or Baby Sussex, as the media has affectionately named him), the newest British royal family member, is likely subject to America’s far-reaching tax system. In May last year, we previously wrote about how Meghan Markle,...