by Trust Counsel | Jun 30, 2020 | Articles, Asset Protection, Business Succession, Estate Planning, Estate Tax
It’s been fourteen years since the world mourned the loss of music icon James Brown, the Godfather of Soul. Yet all this time, his estate has been mired in litigation. But thanks to a new court ruling, that could finally be coming to an end. The problem isn’t that...
by Trust Counsel | Jun 26, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Trusts, Wills
If you have a blended family and do not plan for what happens to your assets in the event of your incapacity or eventual death, you are almost certainly guaranteeing hurt feelings, conflict, and maybe even a long, drawn out court battle. So let’s start with clarity...
by Trust Counsel | Jun 19, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Trusts, Wills
Many people come to us curious (or confused) about trusts and taxes. So today’s article is going to sort it out and clarify things for you. There are two types of trusts, and each have different tax consequences. Revocable trusts, which are the far more commonly used...
by Trust Counsel | May 20, 2020 | Articles, Asset Protection, Estate Planning, Inheritance
If you’re a parent, you may feel even more guilty than usual. If so, you are definitely not alone. Currently, the burden is on you to both carry on with your work and manage your child’s full-time care and education. Two full-time jobs that you’re trying to do by...
by Trust Counsel | May 13, 2020 | Articles, Celebrity Estates, Estate Planning, Estate Tax, Financial
Rising to fame in the founding decades of rock and roll, the story of Little Richard is a true rags-to-riches tale. Little Richard went from washing dishes for a living to a world-famous celebrity, inspiring millions of fans and generations of future musicians and...
by Trust Counsel | May 1, 2020 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax, Trusts, Wills
Anderson Cooper announced the birth of his son, Wyatt, Thursday evening on his show and in a lengthy Instagram post. His son was born on Monday via a surrogate and is named after his father who died when Cooper was 10. Cooper said he regretted that his parents and...
