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 | 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 | Jan 29, 2024 | Articles, Asset Protection, Celebrity Estates, Estate Planning, IRS, Probate, Probate Litigation, Real Property / Real Estate, Trusts, Wills
The Complications Unveiled The passing of renowned actress Anne Heche not only left a void in the entertainment world but also unveiled a complex aftermath of legal battles, highlighting the critical need for meticulous estate planning. In this article, we...
by Trust Counsel | Nov 3, 2023 | Articles, Asset Protection, Business/ Corporate Law, Case Law, Estate Planning, Estate Tax, Family, Financial, Gift Tax, Guardianship, Income Tax, IRS, Newsletters, Trusts, Uncategorized, Wills
This week we explore what happens legally when your child turns 18, what it means for your ability to make legal, financial and healthcare decisions on their behalf, and what tools you’ll need for a smooth transition to adulthood. Read more… Transition to Adulthood:...
by Trust Counsel | Oct 27, 2023 | Articles, Estate Planning, Estate Tax, Financial, Income Tax, IRS
Year-End Tax Tactics: Strategies to Lower Your 2023 Business Tax Bill – Part 2 Last week we looked at four methods you can use to save money on your 2023 business tax return: -Make large purchases for your business before December 31 -Defer business income until...
by Trust Counsel | Jun 22, 2023 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax, Family, Income Tax, Inheritance, IRS, Probate, Trusts, Wills
Let’s Get Ready to Moonwalk Through the Interestingly Complicated and Equally Electrifying Estate Planning Case of the One and Only King of Pop, Michael Jackson From IRS battles to abuse allegations, this courtroom concert played a tune of intricacy and...