by Trust Counsel | Oct 25, 2024 | Articles, Celebrity Estates, Inheritance
Receiving an inheritance can feel like a life-changing gift, and if managed wisely, it can create lasting impact for you and even generations to come. However, studies show that nearly a third of Americans who inherit money end up with little or no long-term increase...
by Trust Counsel | Jul 31, 2024 | Articles, Estate Planning, Estate Tax, Inheritance, IRS, Trusts, Wills
Estate planning is a critical component of financial security, yet it often involves navigating a maze of tax regulations and legal considerations. One recent change in IRS regulations has significant implications for those using irrevocable trusts as part of their...
by Trust Counsel | Jul 4, 2024 | Articles, Asset Protection, Business Succession, Estate Planning, Family, High Net Worth, Inheritance, Kids Protection Planning, Trusts, Wills
As you celebrate the Fourth of July and all it represents – freedom, independence, and the pursuit of happiness – take pride in the ultimate American liberty: the right to decide your own affairs, even after death or in the event of incapacity. An estate...
by Trust Counsel | Jun 21, 2024 | Articles, Business Succession, Celebrity Estates, Estate Planning, Family, Financial, Guardianship, High Net Worth, Inheritance, Intellectual Property, IRS, Kids Protection Planning, Probate, Trusts, Wills
June is the month on our calendars regarded by many as an important time to honor, remember, and celebrate fathers and father figures around the country every year on Father’s Day. But few know that June is also home to World Music Day, celebrated every June 21st,...
by Trust Counsel | Jun 14, 2024 | Articles, Estate Planning, Family, High Net Worth, Inheritance, Kids Protection Planning, Trusts, Wills
When your child turns 18, they’re legally considered an adult even though they have a lot more growing to do (though they may not think so!). Just like any other adult, their health and financial information is protected by privacy laws. But unlike any other adult,...
by Trust Counsel | Jun 12, 2024 | Articles, Celebrity Estates, Estate Planning, Family, High Net Worth, Inheritance, Kids Protection Planning, Trusts, Wills
As Father’s Day approaches, we reflect on the importance of protecting all assets through careful estate planning. Today, we delve into the stories of five legendary fathers: Michael Jackson, Heath Ledger, Robin Williams, James Gandolfini, and Philip Seymour...
