Beat It, Just Beat It – The IRS Loses a Big One.

by Trust Counsel | Jun 23, 2021 | Articles, Asset Protection, Estate Planning, Estate Tax, IRS, Trusts, Wills

Beat It, Just Beat It – The IRS Loses a Big One. To understand just how far off the IRS can be when estimating an estate’s tax bill, one doesn’t need to look any further than recent tabloid headlines regaling the win by late singer Michael Jackson’s Estate.  Last...

Almost Three Years After Her Death, Aretha Franklin’s Poor Estate Planning Continues To Haunt Her Family—Part 2

by Trust Counsel | Jun 3, 2021 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax, Trusts, Wills

Nearly three years have passed since Aretha Franklin, known as the “Queen of Soul,” died from pancreatic cancer at age 76. When she first passed away in August 2018, her family thought that Aretha died without any estate plan at all. But since then, four different...

Celebrity Conservatorships

by Trust Counsel | May 6, 2021 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax

The creators of ‘Framing Britney Spears’ recently revealed that they left much out of the documentary and have enough original material, plus follow-up information, to make a subsequent documentary regarding Spears’ conservatorship entanglement.  With all the recent...

Meghan & Prince Harry’s Baby Brings Bundle of Legal Issues

by Trust Counsel | Feb 18, 2021 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Family, Guardianship, Kids Protection Planning

  Meghan Markle and Prince Harry announced their third pregnancy this past week; they are parents to nearly two-year-old Archie, and they lost a child to miscarriage this past summer. The famously private pair stepped down from official duties in the royal family...

Whether 1 Divorce or 8, the End of a Marriage Impacts End-of-Life Planning

by Trust Counsel | Feb 12, 2021 | Asset Protection, Business Succession, Business/ Corporate Law, Case Law, Celebrity Estates, Estate Planning, Estate Tax, Family, Financial, Gift Tax, Guardianship, Health Care Directive, High Net Worth, Incapacity, Income Tax, Inheritance, Intellectual Property, IRAs / 401(k), IRS, Liens/Debt, Non - US Citizen, Non-Probate Asset

News icon Larry King recently passed away in the midst of his eighth divorce.  We will remember his many memorable interviews and nearly as many trips to the altar. He brought the famous and influential into our homes for decades, and those interviews bridge eras and...

#FreeBritney is the Pandemic Project We All Need

by Trust Counsel | Feb 11, 2021 | Articles, Asset Protection, Business Succession, Business/ Corporate Law, Estate Planning, Family, Financial, Guardianship, Health Care Directive, Income Tax, Inheritance

This week’s pandemic guilty-pleasure television takes a more serious look at the butt of our collective joke: Britney Spears, her 2007 breakdown, and the decade-plus control her father has exercised over her life and finances thanks to a conservatorship proceeding....