Estranged Wife of Ernie Banks to Battle His Caregiver in Court (Again!)

by Trust Counsel | Oct 3, 2019 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Family, High Net Worth, Inheritance, Wills

The last will and trust of late Cubs Hall of Famer Ernie Banks is going back to court, adding a new chapter to the story of who ultimately inherits Banks’ estate. It seems that Banks’ estranged wife, Elizabeth, simply cannot accept the terms of the will Banks signed...

Use Estate Planning to Avoid Adult Guardianship—and Elder Abuse: Part 2

by Trust Counsel | Sep 27, 2019 | Articles, Asset Protection, Estate Planning, Family, Incapacity, Retirement

In the first part of this article we discussed how some professional adult guardians have used their powers to abuse the seniors placed under their care (https://trustcounsel.com/2019/09/use-estate-planning-to-avoid-adult-guardianship-and-elder-abuse/).  In this...

Where There’s a Will, There Isn’t Always an Estate Plan

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....

3 Estate Planning Concerns For Married, Same-Gender Couples

by Trust Counsel | Sep 6, 2019 | Articles, Estate Planning, Estate Tax, Family, Financial

Now that same-gender couples can legally marry in all 50 states, more Americans than ever before are enjoying the rights and benefits that come with marriage. Estate planning, in particular, is one arena where these new rights and benefits are readily apparent. With...

Tennis prodigy Coco Gauff ́s most challenging opponent…taxes!

by Trust Counsel | Sep 5, 2019 | Articles, Estate Planning, Estate Tax

The Complex Taxation of International Child Sports Stars Every child star who makes it big in sports must also face one of the least talked-about challenges there is – the complex rules of international taxation. The world watched in awe this year as Cori “Coco”...

Why A Will Is Not A Suitable Option For Protecting Your Pet

by Trust Counsel | Aug 30, 2019 | Articles, Estate Planning, Trusts, Wills

These days, lots of people consider their pets to be members of their family. Indeed, pets can become our closest companions. As such, it’s only natural you’d want to make sure your furry friend is provided for in your estate plan, so when you die or if you become...