by Leslie Marenco | Aug 8, 2014 | Articles, Estate Planning, Trusts
While most parents have the best intentions when it comes to teaching their children about handling finances wisely, sometimes the lessons don’t take. In addition to concerns about spendthrift behavior, some children experience problems with substance abuse or have...
by Leslie Marenco | Aug 1, 2014 | Articles, Celebrity Estates, Estate Planning
As discussed in a previous newsletter article, Casey Kasem, the celebrity radio host who counted down America’s Top 40 popular songs for years, died on June 15 at the age of 82 and left behind an estimated $80 million fortune. He also left a family feud of biblical...
by Leslie Marenco | Jul 31, 2014 | Articles, Estate Planning
Yes, I know. It’s shocking… The gal that’s in love with her practice actually hates the words “estate planning”. I hate estate planning because it conjures up the images of a bunch of stuffy, grey-haired lawyers sitting around a marble, diamond-encrusted...
by Leslie Marenco | Jul 31, 2014 | Articles, Case Law, Estate Planning, Wills
I have written before about the risks of do-it-yourself estate planning and explained how people who use these methods end up with a false sense of security. They create documents that they believe will address their needs but wind up being ineffective and much more...
by Leslie Marenco | Jul 31, 2014 | Articles, Celebrity Estates, Estate Planning, High Net Worth, Trusts
After the death of Steve Jobs the rumors started circulating that he was so smart that he even knew how to avoid paying estate taxes better than anyone else. Jobs was smart and he seems to have had an attorney do a great job with his estate planning, but he certainly...
by Leslie Marenco | Jul 30, 2014 | Articles, Estate Planning, IRAs / 401(k), Retirement, Uncategorized
Whether you’re inheriting an IRA or aiming to protect your own heirs, you’ve got to learn to dance the IRS jig. Under normal circumstances, barring qualification for an exemption, a distribution from a regular IRA prior to age 59.5 will result in the distribution...
