by Trust Counsel | Jul 3, 2023 | Articles, Estate Planning, Estate Tax, Trusts
Being asked by a loved one to serve as Trustee for their Trust upon their death can be quite an honor, but it’s also a significant responsibility—and the role is not for everyone. Indeed, serving as a Trustee entails a broad array of duties, and you are both ethically...
by Trust Counsel | Jun 22, 2023 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax, Family, Income Tax, Inheritance, IRS, Probate, Trusts, Wills
Let’s Get Ready to Moonwalk Through the Interestingly Complicated and Equally Electrifying Estate Planning Case of the One and Only King of Pop, Michael Jackson From IRS battles to abuse allegations, this courtroom concert played a tune of intricacy and...
by Trust Counsel | Jun 16, 2023 | Articles, Asset Protection, Business Succession, Business/ Corporate Law, Estate Tax, Financial, Income Tax
If you’re a small business owner, you’ve probably been enjoying the privacy and simplicity that owning a small company affords you. (I mean, who will really notice if you take a half-day on Friday or forget to have an annual shareholders’ meeting?) Aside from...
by Trust Counsel | Jun 15, 2023 | Articles, Asset Protection, Business/ Corporate Law, Estate Tax, Financial, Trusts
Get ready for an interesting twist in the world of legal and business news. You may already be familiar with the upcoming Corporate Transparency Act, set to kick in next year. If you aren’t, it’s time to get in the know because it could impact you, and if you it does,...
by Trust Counsel | Jun 6, 2023 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial, Inheritance, Trusts
If you have a current estate plan, I’ll bet you plan to leave your assets to your children outright and unprotected by age 35, or maybe a little later. Go take a look at your estate plan, and see what it does right now. And, if you don’t have an estate plan, and...
by Trust Counsel | Jun 1, 2023 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax, Family, Inheritance, Trusts
On May 24th, 2023, we sadly lost one of the most influential figures in rock and roll history. Overtaking the charts with her raspy voice, fiery personality, and experimental music, Tina Turner died as a true legend in the industry—a pioneer of modern music and...