by Trust Counsel | Aug 30, 2024 | Articles, Estate Planning
As summer college break wraps up and your kids prepare to head back to campus, it’s the perfect time to review and update your estate planning documents.In our previous article, we covered how to navigate your child’s transition to adulthood. Now,...
by Trust Counsel | Aug 16, 2024 | Articles, Celebrity Estates, Estate Planning
When we think of Carrie Fisher, we remember her as Princess Leia from Star Wars, a talented actress, and a witty author. However, her passing, along with that of her mother, Debbie Reynolds, brought to light the importance of estate planning. Let’s take a closer...
by Trust Counsel | Aug 9, 2024 | Articles, Estate Planning
When we think about estate planning, it’s often about leaving your assets to your children. But what happens when a couple has no children? Childless couples still need to plan carefully to ensure their assets are distributed according to their...
by Trust Counsel | Aug 2, 2024 | Articles, Celebrity Estates, Estate Planning
To illustrate the importance of planning for incapacity, we’ll examine the real-life court case involving Jay Leno and his wife, Mavis. I assure you, it is no laughing matter.The Leno case highlights what happens when you or a loved one becomes incapacitated and what...
by Trust Counsel | Jul 31, 2024 | Articles, Estate Planning, Estate Tax, Inheritance, IRS, Trusts, Wills
Estate planning is a critical component of financial security, yet it often involves navigating a maze of tax regulations and legal considerations. One recent change in IRS regulations has significant implications for those using irrevocable trusts as part of their...
by Trust Counsel | Jul 26, 2024 | Articles, Estate Planning
Estate planning is an ongoing process that requires regular review to ensure your wishes are honored and your assets are protected. However, during an election year, this becomes even more crucial. With the upcoming elections in November, changes in tax policies,...
