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 Leslie Marenco | Jul 14, 2017 | Articles, Celebrity Estates, Estate Planning, High Net Worth, Intellectual Property
A celebrity’s image and likeness can continue to produce considerable income after death. This type of intellectual property is considered part of your estate, and the IRS can tax its value. In the case of pop star Michael Jackson’s estate, that recently meant...
by Leslie Marenco | Oct 14, 2016 | Articles, Celebrity Estates, High Net Worth, IRAs / 401(k), IRS, Uncategorized
In anticipation of the election and in response to public demand, Hillary and Bill Clinton have released their 2015 federal tax return. Tax returns have been a hot topic this year, as candidate Donald Trump continues to refuse to release his tax returns.What can you...
by Leslie Marenco | Dec 31, 2015 | Articles, Celebrity Estates, Estate Tax, High Net Worth, Income Tax, Trusts
Mark Zuckerberg has already changed the world we live in by giving us Facebook. Now he wants to change the world for future generations, too. He and his wife, Dr. Priscilla Chan, recently announced that they would give 99 percent of their Facebook shares, worth more...
by Leslie Marenco | Aug 18, 2015 | Articles, Celebrity Estates, Estate Planning, High Net Worth, Uncategorized
What would it be like to grow up in a 123-room mansion in a swanky Los Angeles suburb, rubbing elbows with celebrities, and buying anything you want? Sounds pretty great – unless it was all taken away from you as an adult. As Tori Spelling wrote in her...
by Leslie Marenco | Jan 8, 2015 | Articles, Celebrity Estates, Estate Planning, Estate Tax, High Net Worth, Income Tax
Was Joan Rivers domiciled in New York or California? Think it doesn’t matter? Think again! This little distinction could cost her estate millions and millions of dollars!! When comedian Joan Rivers passed in September, she left her estimated $150 million estate...
