by Trust Counsel | Jul 19, 2019 | Articles, Asset Protection, Estate Planning, Estate Tax
When you create your estate plan, the idea that one of your adult children would ever use their inheritance to bankroll a cult is probably something you’d never dream of, much less anticipate. Yet that’s exactly what 40-year-old Clare Bronfman, heiress to the...
by Trust Counsel | Jul 12, 2019 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial
While most people assume only the uber wealthy need to worry about asset protection, those with less wealth and fewer assets may be at even greater risk. For example, if you’re a multi-millionaire, a $50,000 judgment against you might not be that big of a burden. But...
by Trust Counsel | Jul 5, 2019 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial
In a recent Facebook post “Processes to go through with your parents before they die,” Daniel Schmachtenberger, founder of the Critical Path Institute, outlined seven simple exercises to use with your parents that can offer significant healing and completion for their...
by Trust Counsel | Jun 27, 2019 | Articles, Celebrity Estates, Estate Planning, Estate Tax, Inheritance, Trusts
Gloria Vanderbilt, railroad heiress and fashion icon of her own right, passed away last week at the age of 95. Though her Will has not been made public yet, the question of who will inherit her estate, which is estimated to be about $200 million, has been drawing...
by Trust Counsel | Jun 14, 2019 | Articles, Asset Protection, Estate Planning, Wills
This is the second in an ongoing series of our articles discussing the true costs and consequences of failed estate planning. The series highlights a few of the most common—and costly—planning mistakes we encounter with clients. If the series exposes any potential...
by Trust Counsel | Jun 13, 2019 | Articles, Asset Protection, Celebrity Estates, Estate Planning
The estate of French rock star Johnny Hallyday has been tangled in an international court battle ever since his death in 2017. But a recent ruling by a Paris court may have set a new precedent for using social media as evidence in inheritance cases. Thanks to...
