Estate Planning Pitfalls – 3 Mistakes That Could Make Your Estate Plan Worthless

by Trust Counsel | Jun 28, 2023 | Articles, Estate Planning, Family, Financial, Inheritance, Probate, Trusts, Wills

Including a Trust as part of your estate plan is a smart decision. It allows you to avoid probate, maintain privacy, and distribute your assets to your loved ones while also providing them with a lifetime of asset protection, if you choose it for them. But, here’s the...

Stephen “tWitch” Boss Dies Without a Will

by Trust Counsel | Jun 27, 2023 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Family, Inheritance, Probate, Trusts, Wills

Stephen Laurel Boss, also known as “tWitch,” was an American DJ, hip-hop dancer, choreographer, television producer, and actor whose personality lit up the stage on So You Think You Can Dance and as a producer and frequent guest host on The Ellen Degeneres Show. Boss...

Unveiling the Epic Estate Odyssey of the King of Pop: Thrills, Feuds, and Moonwalking Through Michael Jackson’s Legacy

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...

5 Reasons Why Shopping For The Cheapest Estate Plan Could Leave Your Family With An Unintended Mess

by Trust Counsel | Jun 20, 2023 | Articles, Asset Protection, Estate Planning, Family, Probate, Trusts, Wills

In most cases, from the most sophisticated business people with the highest net worth to those just starting in the workforce and on their path to adulthood, you very likely do not know how to evaluate estimates when shopping for an estate plan. Shopping for an estate...

Shielding Your Personal Assets: How to Create an LLC

by Trust Counsel | Jun 20, 2023 | Articles, Asset Protection, Business/ Corporate Law, Financial, Income Tax, Probate

If you’re a business owner and have been operating your business as a Sole Proprietor, you’re leaving the personal assets of your family at risk. From a creative side hustle to a tech startup, owning a business always comes with some level of financial investment and...

Creditors And Your Estate Plan

by Trust Counsel | Jun 19, 2023 | Articles, Asset Protection, Estate Planning, Family, Inheritance, Probate, Wills

What Happens To Your Debt When You Die? In some cases, you could inadvertently leave a reality in which your surviving heirs—your kids, parents, or others—are responsible for your debt. Alternatively, if you structure your affairs properly, your debt could die right...