by Trust Counsel | Nov 21, 2019 | Articles, Asset Protection, Business Succession, Business/ Corporate Law, Celebrity Estates, Estate Planning, Family, Financial, Inheritance, Wills
The story of Marilyn Monroe is one filled with beauty, mystery, and tragedy.Fifty years after her sudden death in 1962, Marilyn Monroe is still very much an icon of beauty and glamour. But today, others are making big money off of Monroe’s estate, something that has...
by Trust Counsel | Nov 1, 2019 | Articles, Asset Protection, Business Succession, Business/ Corporate Law, Estate Planning, Estate Tax, Family, Income Tax, Trusts
As we head towards the end of the year, we’re fast approaching the deadline to implement your family’s tax strategies for 2019. The Tax Cut and Jobs Act (TCJA) completely overhauled the tax code, and if you’ve yet to take full advantage of the benefits offered by the...
by Trust Counsel | Oct 31, 2019 | Articles, Asset Protection, Business Succession, Business/ Corporate Law, Celebrity Estates, Estate Planning, Estate Tax
When Leona Helmsley died, she left her pet Maltese, named Trouble, a trust fund valued at $12 million dollars. That made Trouble the third wealthiest dog in the world at the time (the top spot goes to Gunther III, Countess Karlotta Libenstein’s German Shepherd, who...
by Trust Counsel | Sep 19, 2019 | Articles, Asset Protection, Business Succession, Estate Planning, Estate Tax, Family, High Net Worth, Trusts, Wills
Have you ever heard the saying “Where there’s a will, there’s a way”? Well, for millions of Americans the fact is that where there’s a will, there isn’t always an estate plan. Ask anyone if their estate plan is up-to-date, and you might get a lot of different answers....
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 Leslie Marenco | Jan 30, 2017 | Articles, Asset Protection, Business Succession, Business/ Corporate Law
A long time ago (1999) the Florida legislature passed CS/HB 361 amending Florida Statutes 620.8101 to provide, among other things, for limited liability partnerships (LLP) and limited liability limited partnerships (LLLP). The LLP is a general partnership where none...