by Trust Counsel | Jul 30, 2021 | Articles, Asset Protection, Estate Planning, Estate Tax, Financial, Trusts, Wills
With the arrival of summer, young people across the country are about to reach a key milestone: high school graduation. If you have a child claiming their diploma, now is the time to prepare them for life after leaving the nest. Graduating high school is a...
by Trust Counsel | Jun 23, 2021 | Articles, Asset Protection, Estate Planning, Estate Tax, IRS, Trusts, Wills
Beat It, Just Beat It – The IRS Loses a Big One. To understand just how far off the IRS can be when estimating an estate’s tax bill, one doesn’t need to look any further than recent tabloid headlines regaling the win by late singer Michael Jackson’s Estate. Last...
by Trust Counsel | Jun 3, 2021 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax, Trusts, Wills
Nearly three years have passed since Aretha Franklin, known as the “Queen of Soul,” died from pancreatic cancer at age 76. When she first passed away in August 2018, her family thought that Aretha died without any estate plan at all. But since then, four different...
by Trust Counsel | May 19, 2021 | Articles, Celebrity Estates, Estate Planning, Estate Tax, Family
Nearly three years have passed since Aretha Franklin, known as the “Queen of Soul,” died from pancreatic cancer at age 76. At the time, her total fortune was estimated to be worth up to $80 million. Yet due to poor estate planning, the late singer’s children have yet...
by Trust Counsel | May 6, 2021 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax
The creators of ‘Framing Britney Spears’ recently revealed that they left much out of the documentary and have enough original material, plus follow-up information, to make a subsequent documentary regarding Spears’ conservatorship entanglement. With all the recent...
by Trust Counsel | Feb 25, 2021 | Articles, Celebrity Estates, Estate Planning, Estate Tax, Family
Conservative radio host Rush Limbaugh passed away last week, and in addition to legacy of political divisiveness and attacks, he also leaves behind a multi-million dollar estate. He announced his advanced cancer diagnosis a year ago, giving him ample time to finalize...
