A Not-So-Happy Accident: Bob Ross’s Estate Planning Failures Leave His Son With Next to Nothing—Part 1

by Trust Counsel | Sep 20, 2021 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial

As the host of the wildly popular The Joy of Painting TV series on PBS, Bob Ross became a pop-culture icon, who was equally famous for his giant head of hair, soothing baritone voice, and folksy demeanor as he was for his iconic landscape paintings. And like so many...

Estate Planning Must-Haves For Single Parents

by Trust Counsel | Sep 10, 2021 | Articles, Asset Protection, Estate Planning, Family, Financial, Kids Protection Planning, Trusts, Wills

If you are a single parent, life for you right now probably couldn’t get any busier. You are likely being pulled between work, school activities, and home – and the inevitable emergencies that fill the lives of single parents everywhere. Being a single parent is...

Bob Ross’ Estate: Happy Little Accident or a Big, Ugly Mess?

by Trust Counsel | Sep 9, 2021 | Articles, Asset Protection, Estate Planning, Family, Financial, Trusts, Wills

For all of us over the age of 35, Bob Ross’ name instantly conjures an image in our minds: the familiar mellow voice, the big afro, and the scenic paintings. For years, Bob Ross taught us about The Joy of Painting, as he calmly declared that there “were no mistakes in...

3 Ways To Benefit By Incorporating Charitable Giving Into Your Estate Plan

by Trust Counsel | Sep 3, 2021 | Articles, Asset Protection, Estate Planning, Family, Financial

You are likely well aware of the tax benefits that come from donating to charity during your lifetime—donations to charity are tax-deductible. But you may be surprised to learn about the numerous benefits that are available when you incorporate charitable giving into...

Estate Planning 101: Wills vs. Trusts

by Trust Counsel | Aug 27, 2021 | Articles, Asset Protection, Estate Planning, Family, Financial, Trusts, Wills

Wills and trusts are two of the most commonly used estate planning documents, and they form the foundation of most estate plans. While both documents are legal vehicles designed to distribute your assets to your loved ones upon your death, the way in which they work...

6 Ways The American Rescue Plan Can Boost Your Family’s Finances – Part 1

by Trust Counsel | Aug 20, 2021 | Articles, Family, Financial, Income Tax

Signed into law on March 11th, President Biden’s $1.9 trillion American Rescue Plan Act of 2021 (ARP) is the largest direct-to-taxpayer stimulus legislation ever passed, and it came just in time to save millions of Americans whose unemployment benefits were about to...