by Leslie Marenco | Jun 27, 2019 | Estate Planning, Inheritance, Trusts
Gloria Vanderbilt, railroad heiress and fashion icon of her own right, passed away last week at the age of 95. Though her Will has not been made public yet, the question of who will inherit her estate, which is estimated to be about $200 million, has been drawing...
by Leslie Marenco | May 19, 2017 | Inheritance
Completely disinheriting a child or grandchild should be reserved for extreme circumstances. And, if those circumstances exist in your family, it’s critical to ensure that you’ve taken the proper planning steps so that you are not leaving your loved one’s with a...
by Leslie Marenco | Feb 10, 2017 | Gift Tax, Inheritance, IRS, Uncategorized
If you are a citizen or permanent resident, you must report all income to the IRS annually even if it’s taxed somewhere else. Also, unless you have been living under a rock you should KNOW that you must report your foreign bank accounts. There’s been so...
by Leslie Marenco | Dec 15, 2016 | Inheritance
While the Castro family imposed a mandatory nine-day mourning period over Cuba, questions remain as to who will inherit the head of state’s fortune – or if there is any fortune to inherit at all. Depending on what source you believe, Fidel Castro...
by Leslie Marenco | Aug 12, 2016 | Inheritance
If you’re like me, you want to leave an inheritance for your children. It’s likely part of what you are working so hard to do. But, far too often, the way we leave those inheritances actually does more harm than good. Something no parent wants. Giving outright...
by Leslie Marenco | Feb 4, 2016 | Celebrity Estates, Inheritance, Real Property / Real Estate, Uncategorized
The story of Ben Novack, the heir to Fontainebleau hotel who was murdered by his wife, Narcy Novack, has received widespread media coverage and resulted in multiple litigations. More than five years after Ben’s death, the fight for his fortune still continues....
