by Trust Counsel | Aug 2, 2019 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial, Inheritance, Trusts, Wills
This is the third 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 gaps...
by Trust Counsel | Jul 25, 2019 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax, Family, Financial, Trusts, Wills
The sudden death of a loved one is always a tragedy. But when someone with a large estate passes away unexpectedly, that tragedy may be compounded by a lengthy and unpleasant probate process. Such deaths are a poignant reminder of the importance of careful estate...
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 11, 2019 | Articles, Asset Protection, Estate Tax, Financial
Not long ago, Facebook announced the impending launch of a new currency, the Libra. The news ignited a firestorm of debate among politicians, economists, tech giants, and even lobbyists. They argue everything from the potential impact of cryptocurrency on the global...
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...
