by Trust Counsel | Jul 13, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial, Inheritance, Trusts, Wills
When Chanel’s creative director Karl Lagerfeld passed away in 2019, rumors went wild about who would inherit his $270 million estate. Many of those rumors claimed that he wanted his Birman cat, Choupette, to get it all. A year later, we’re still waiting to get the...
by Trust Counsel | Jul 8, 2020 | Articles, Asset Protection, Business Succession, Estate Planning, Estate Tax, Family, Financial, Trusts, Wills
In January, we reported how the deaths of NBA legend Kobe Bryant (Kobe) and his 13-year-old daughter, Brianna, in a helicopter crash demonstrated the vital need for estate planning for people of all ages. At the time, little was known about the planning strategies...
by Trust Counsel | Jun 26, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Trusts, Wills
If you have a blended family and do not plan for what happens to your assets in the event of your incapacity or eventual death, you are almost certainly guaranteeing hurt feelings, conflict, and maybe even a long, drawn out court battle. So let’s start with clarity...
by Trust Counsel | May 4, 2020 | Articles, Estate Tax, Family, Health Care Directive
In a previous article, we shared steps to understanding your parents’ estate planning and the nature of their assets, as well as how to ensure you’re not left with a mess when something happens to them. Today, we want to focus on one of the major risks of not being...
by Trust Counsel | Apr 22, 2020 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax, Family, Trusts, Wills
We initially wrote a piece on Kobe on our blog – you can check it out here: https://trustcounsel.com/2020/02/nba-superstar-kobe-bryants-estate-plan/ Honestly, I did not follow Kobe Bryant during his lifetime. I knew of him and knew of his career but nothing more than...
by Trust Counsel | Apr 9, 2020 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax, Family, Financial, Trusts, Wills
The world has gone wild for the Netflix series Tiger King: Murder, Mayhem, and Madness. And for good reason: the show has an eccentric zoo owner named Joe Exotic, animal activist Carole Baskin, tigers, murderous plots, mystery disappearances, and more. In fact, the...
