by Trust Counsel | Mar 13, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Trusts, Wills
Do your parents have an estate plan? Is it up to date? No matter how rich or poor you or your parents are, especially in the wake of the COVID-19 pandemic, you need to be asking these and several other questions. When your parents become incapacitated or die, their...
by Trust Counsel | Feb 14, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial, Kids Protection Planning
In many families, money still is not a typical dinner table discussion, but we think it should be. Surprisingly, this is especially true when it comes to affluent parents. And, we hope to change it because one of the most important things you can do is talk to your...
by Trust Counsel | Feb 13, 2020 | Articles, Celebrity Estates, Estate Planning, Estate Tax, Family, Trusts, Wills
Kobe Bryant achieved both fame and fortune as an NBA superstar, businessman, family man, and citizen of the world. The news of his tragic death in a fiery helicopter crash in January has left his many fans and admirers stunned and deeply saddened. As the world mourns...
by Trust Counsel | Feb 7, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Inheritance, Wills
A last will and testament can ensure your wishes are respected when you die. But if your will isn’t legally valid, those wishes might not actually be carried out, and instead the laws of “intestate succession” would apply, meaning that the state decides who gets your...
by Trust Counsel | Jan 30, 2020 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax, Financial, Trusts, Wills
When it comes to creative thinking, some famous folks seem to operate well outside the norm. Such is often the case for science fiction screenwriters and producers, who summon from their imagination’s visions of the distant future. These creatives have brought eager...
by Trust Counsel | Jan 10, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Inheritance, Trusts, Wills
The Tax Cuts & Jobs Act (TCJA) made sweeping changes to exemptions, deductions, and credits for your family’s federal income taxes. But one major change that you might not have noticed is the way the law altered the potential tax consequences of divorce. Unlike...