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...
by Trust Counsel | Apr 22, 2020 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax, Family, Trusts, Wills
We initially wrote a piece on Kobe on our blog – you can check it out here: https://trustcounsel.com/2020/02/nba-superstar-kobe-bryants-estate-plan/ Honestly, I did not follow Kobe Bryant during his lifetime. I knew of him and knew of his career but nothing more than...
by Trust Counsel | Apr 17, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Trusts, Wills
With all of the media about “digital wills” and “online estate planning” it could be tempting to think you can do your estate planning yourself, online. And, maybe you can. But, if you do, you need to know the potential pitfalls. Online estate planning could be a big...