by Trust Counsel | Sep 25, 2020 | Estate Planning, Inheritance, Trusts, Wills
While estate planning is probably one of the last things your teenage kids are thinking about, given the dire threat coronavirus represents, when they turn 18, it should be their (and your) number-one priority. Here’s why: At 18, they become legal adults in the eyes...
by Trust Counsel | Jul 13, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial, Inheritance, Trusts, Wills
When Chanel’s creative director Karl Lagerfeld passed away in 2019, rumors went wild about who would inherit his $270 million estate. Many of those rumors claimed that he wanted his Birman cat, Choupette, to get it all. A year later, we’re still waiting to get the...
by Trust Counsel | Jun 19, 2020 | Articles, Celebrity Estates, Inheritance
Jeffrey Epstein is a notorious figure in recent history for a lot of reasons. But since his possible suicide in 2019, more than 100 people have come forward claiming that Epstein is their biological father. If even a small percentage of those claims prove to be true,...
by Trust Counsel | May 20, 2020 | Articles, Asset Protection, Estate Planning, Inheritance
If you’re a parent, you may feel even more guilty than usual. If so, you are definitely not alone. Currently, the burden is on you to both carry on with your work and manage your child’s full-time care and education. Two full-time jobs that you’re trying to do by...
by Trust Counsel | Feb 7, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Inheritance, Wills
A last will and testament can ensure your wishes are respected when you die. But if your will isn’t legally valid, those wishes might not actually be carried out, and instead the laws of “intestate succession” would apply, meaning that the state decides who gets your...
by Trust Counsel | Jan 17, 2020 | Articles, Asset Protection, Estate Planning, Family, Financial, Inheritance, Trusts, Wills
In the first part of this series, we discussed the potential ramifications the SECURE ACT has for your estate and retirement planning. Here, we’ll look more deeply into additional strategies you may want to consider in light of the new legislation. To see the...
