by Trust Counsel | Feb 21, 2019 | Articles, Estate Tax
The Tax Cuts and Jobs Act, P.L. 115-97, created a very attractive tax incentive for real estate investors. It created Qualified Opportunity Zones (“QOZ”) to bring private investments to low-income communities. Then, on October 29, 2018, the IRS issued proposed...
by Trust Counsel | Feb 21, 2019 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax
In honor of Presidents’ Day, it seemed most fitting to feature two of our most famous presidents and their estate plans (or lack thereof): George Washington and Abraham Lincoln. Our nation’s first president, George Washington, died on December 14, 1799. Less than six...
by Trust Counsel | Feb 15, 2019 | Articles, Estate Planning, Family
In the first part of this series, we discussed how today’s children are increasingly influenced more by their peers than their parents. In today’s society, the once-unbreakable bond between parent and child is being increasingly eroded. This disconnect is wreaking...
by Trust Counsel | Feb 8, 2019 | Articles, Estate Planning, Family
Have you ever felt that the unbreakable bond you once had with your children is seriously eroding? It can feel as if the very foundation of your relationship is falling apart. It may feel like you can no longer communicate with your kids. No matter how hard you...
by Trust Counsel | Feb 7, 2019 | Articles, Business Succession, Estate Planning, Probate Litigation
Last week, a Los Angeles judge ruled that 95-year old media magnate Sumner Redstone had the requisite mental capacity to amend his trust back in 2015 and 2016, closing the chapter (as it may be too early to say “book”) on the ugly saga that has played out like a good...
by Trust Counsel | Jan 25, 2019 | Articles, Scams
Imagine this… You are an elderly grandparent who lives alone. You get a call in the middle of the night from your college-aged granddaughter. She’s frantic and crying, telling you she was mistakenly arrested while vacationing in Cancun. She says she needs you to pay...