New Developments Transform the Role Life Insurance Plays in Your Estate and Financial Planning

by Trust Counsel | Feb 5, 2021 | Articles, Asset Protection, Business/ Corporate Law, Estate Planning, Estate Tax, Family, Financial, Gift Tax, Guardianship, Health Care Directive, High Net Worth, Inheritance, Intellectual Property, Kids Protection Planning, Liens/Debt, Trusts, Wills

Within the past year, a combination of new legislation and the recent change of leadership in the White House and Congress stands to dramatically increase the income taxes your loved ones will have to pay on inherited retirement accounts as well as increasing the...

Lessons From Kobe 1-Year Later

by Trust Counsel | Feb 4, 2021 | Articles, Asset Protection, Business Succession, Case Law, Celebrity Estates, Estate Planning, Family, Financial, High Net Worth, Incapacity, Income Tax, Inheritance, Kids Protection Planning, Liens/Debt, Retirement, Wills

It may seem like a distant memory due to more recent events, a pandemic, and a presidential election, but it has only been ONE year since NBA legend Kobe Bryant and his 13-year-old daughter, Gianna (“Gigi”), tragically passed away in a helicopter crash in Calabasas,...

Does Your Estate Plan Protect Your Intellectual Property?

by Trust Counsel | Jan 29, 2021 | Articles, Asset Protection, Business Succession, Business/ Corporate Law, Estate Planning, Estate Tax, Financial, Gift Tax, Health Care Directive, High Net Worth, Intellectual Property, Liens/Debt, Probate, Probate Litigation, Trusts, Wills

If you own a business, you almost certainly have intellectual property. However, because your intellectual property is intangible, it can be invisible to you and those who aren’t familiar with the nature of intellectual property and its value, so it often gets...

5 Tips For Keeping Kids Connected With Grandparents During the Pandemic

by Trust Counsel | Jan 22, 2021 | Articles, Asset Protection, Business Succession, Business/ Corporate Law, Case Law, Estate Planning, Family, Financial, Gift Tax, Guardianship, Inheritance, Kids Protection Planning, Probate, Trusts

While the quarantines, shutdowns, and social distancing measures related to the pandemic have been difficult for everyone, the elderly have been particularly hard hit. Since seniors face the most health risks from COVID-19, most of them have been careful to avoid...

King’s children battled over Bible and Nobel Prize

by Trust Counsel | Jan 21, 2021 | Articles, Asset Protection, Business Succession, Business/ Corporate Law, Case Law, Celebrity Estates, Estate Planning, Estate Tax, Family, Financial, Gift Tax, Guardianship, High Net Worth, Income Tax, Inheritance, Intellectual Property, Probate, Probate Litigation, Real Property / Real Estate, Trusts, Wills

It’s hard to imagine that someone like Martin Luther King, Jr. would end up being the focus of almost endless court battles. After all, Dr. King was the unfaltering champion of peaceful resistance during his quest for full and equal civil rights for all Americans. He...

What You Should Know About Long-Term Care Insurance

by Trust Counsel | Jan 15, 2021 | Asset Protection, Business Succession, Business/ Corporate Law, Case Law, Celebrity Estates, Estate Planning, Estate Tax, Family, Financial, Guardianship, Health Care Directive, High Net Worth, Incapacity, Income Tax, Inheritance, Intellectual Property, IRAs / 401(k), IRS, Kids Protection Planning

With people living longer than ever before, more and more seniors require long-term healthcare services in nursing homes and assisted living facilities. However, such care is extremely expensive, especially when it’s needed for extended periods of time. Traditional...