by Trust Counsel | Feb 21, 2019 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax
In honor of Presidents’ Day, it seemed most fitting to feature two of our most famous presidents and their estate plans (or lack thereof): George Washington and Abraham Lincoln. Our nation’s first president, George Washington, died on December 14, 1799. Less than six...
by Trust Counsel | Jan 10, 2019 | Articles, Estate Tax, Financial
Despite the complexity of tax rules, taxpayers may still engage in certain strategies to reduce their tax liability. Thus, engaging in tax planning to evaluate several tax options regarding someone’s business or personal transactions make good sense. Yet, tax...
by Trust Counsel | Dec 13, 2018 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Trusts, Wills
Just as there is an “art” to collecting artwork, there is an “art” to addressing artwork in a person’s estate plan. The failure of properly planning for the disposition of an artwork collection upon the person’s death can be costly—both in terms of money and family...
by Trust Counsel | Dec 13, 2018 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial
Earlier this year, the renowned auction house known as Christie’s, staged the most significant charity auction in history: The Collection of Peggy and David Rockefeller. The result: all 1,500 lots sold for a total of $832.6 million—all of which were directed to causes...
by Trust Counsel | Dec 13, 2018 | Articles, Estate Tax, Non - US Citizen
Every year an increasing number of global families come to the U.S. for business or pleasure. And investing in real property in places like Miami and New York is not uncommon. Also, it’s not uncommon to bring personal effects—such as jewelry, artwork, furniture,...
by Trust Counsel | Nov 9, 2018 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial
We’ve developed a series of helpful questions and prompts to make the process of sharing your life experiences not only easy, but enjoyable. And this isn’t something you have to do on your own—which you know you wouldn’t get around to—as we do it with you as an...
