by Trust Counsel | Feb 22, 2019 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial, Trusts, Wills
The recent death of the CEO of QuadrigaCX, a major cryptocurrency exchange in Canada, demonstrates a basic, yet often-overlooked, tenet of effective estate planning: In the event of your incapacity or death, if your heirs don’t know how to find or access your assets,...
by Trust Counsel | Jan 24, 2019 | Articles, Celebrity Estates, Estate Planning, Financial, Probate, Trusts, Wills
By now, I am sure you have grown accustom to hearing about celebrity faux pas when it comes to estate planning. The latest celebrity in this ever-growing list is the late electronic dance music (“EDC”) phenom, Avicii, who passed away last April at only 28 years old...
by Trust Counsel | Jan 10, 2019 | Articles, Estate Tax, Financial
Despite the complexity of tax rules, taxpayers may still engage in certain strategies to reduce their tax liability. Thus, engaging in tax planning to evaluate several tax options regarding someone’s business or personal transactions make good sense. Yet, tax...
by Trust Counsel | Dec 14, 2018 | Articles, Asset Protection, Estate Planning, Financial, Trusts, Wills
In the first part of this series, we discussed the importance of including your digital assets in your estate plan. Here, we’ll talk about the best ways to get started with this process. Today, estate planning encompasses not just tangible property like finances and...
by Trust Counsel | Dec 13, 2018 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial
Earlier this year, the renowned auction house known as Christie’s, staged the most significant charity auction in history: The Collection of Peggy and David Rockefeller. The result: all 1,500 lots sold for a total of $832.6 million—all of which were directed to causes...
by Trust Counsel | Dec 13, 2018 | Articles, Financial
International intrigue involving a Greek bronze sculpture, made between 300 and 100 B.C. is the current focus of Italy’s highest court. The court has ordered that a centerpiece of the Getty Villa’s art collection, a prized bronze sculpture more than 2,000 years old,...
