by Trust Counsel | Oct 4, 2019 | Articles, Asset Protection, Estate Planning, Family, Wills
When you think about those loved ones who’ve passed away, you probably don’t think very much—or even at all—about the “things” they’ve left you. And when they do leave something behind, what you likely cherish most about the object are the memories and feelings it...
by Trust Counsel | Oct 3, 2019 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Family, High Net Worth, Inheritance, Wills
The last will and trust of late Cubs Hall of Famer Ernie Banks is going back to court, adding a new chapter to the story of who ultimately inherits Banks’ estate. It seems that Banks’ estranged wife, Elizabeth, simply cannot accept the terms of the will Banks signed...
by Trust Counsel | Sep 27, 2019 | Articles, Asset Protection, Estate Planning, Family, Incapacity, Retirement
In the first part of this article we discussed how some professional adult guardians have used their powers to abuse the seniors placed under their care (https://trustcounsel.com/2019/09/use-estate-planning-to-avoid-adult-guardianship-and-elder-abuse/). In this...
by Trust Counsel | Sep 19, 2019 | Articles, Asset Protection, Business Succession, Estate Planning, Estate Tax, Family, High Net Worth, Trusts, Wills
Have you ever heard the saying “Where there’s a will, there’s a way”? Well, for millions of Americans the fact is that where there’s a will, there isn’t always an estate plan. Ask anyone if their estate plan is up-to-date, and you might get a lot of different answers....
by Trust Counsel | Sep 6, 2019 | Articles, Estate Planning, Estate Tax, Family, Financial
Now that same-gender couples can legally marry in all 50 states, more Americans than ever before are enjoying the rights and benefits that come with marriage. Estate planning, in particular, is one arena where these new rights and benefits are readily apparent. With...
by Trust Counsel | Aug 23, 2019 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial, Inheritance
Whether it’s called “The Great Wealth Transfer,” “The Silver Tsunami,” or some other catchy-sounding name, it’s a fact that a tremendous amount of wealth will pass from aging Baby Boomers to younger generations in the next few decades. In fact, it’s said to be the...