by Leslie Marenco | Oct 7, 2014 | Articles, Celebrity Estates, Estate Planning, Estate Tax
A tax battle is brewing over author Tom Clancy’s $83 million estate, pitting Mr. Clancy’s wife against the adult children of his former marriage. The widow, Alexandra Clancy is taking legal steps aimed at shifting all state and federal estate taxes—estimated in...
by Leslie Marenco | Oct 7, 2014 | Articles, Business/ Corporate Law, Estate Planning, High Net Worth
The removal of a trustee from a trust can be a difficult and time consuming process for both beneficiaries and trustees alike. Courts are generally hate to interfere with a settlor/creator’s choice of trustees. However, most states provide trust beneficiaries a...
by Leslie Marenco | Oct 3, 2014 | Articles, Estate Planning, Gift Tax, Trusts
If you have grandchildren – or are getting ready to welcome one like political power couple Bill and Hillary Clinton – you know the special joy they bring. After all, you can now leave all the heavy lifting to the parents and just enjoy connecting with...
by Leslie Marenco | Sep 19, 2014 | Articles, Estate Planning, Inheritance
When we think of vast family wealth, most of us know the name Cornelius Vanderbilt, the railroad and shipping scion of one of the richest families in America in the 19th century. When he died in 1877, he left a fortune of $100 million — more than the U.S....
by Leslie Marenco | Sep 18, 2014 | Articles, Estate Planning
While estate planning lawyers have seen first-hand how important the right legal documents are, we also understand that there is no one-size-fits-all approach when it comes to estate planning. For example, the needs of one family will likely be completely different...
by Leslie Marenco | Sep 12, 2014 | Articles, Estate Planning
Whether you have a lost a spouse or partner through divorce or death, being thrust into singlehood can be an emotionally and financially jarring experience. To get yourself back on firm footing, at least financially, follow these five steps: Finalize financial...
