by Trust Counsel | Jul 19, 2021 | Articles, Estate Planning, Trusts, Wills
News icon Larry King recently passed away in the midst of his eighth divorce. We will remember his many memorable interviews and nearly as many trips to the altar. He brought the famous and influential into our homes for decades, and those interviews bridge eras...
by Trust Counsel | Jun 23, 2021 | Articles, Asset Protection, Estate Planning, Estate Tax, IRS, Trusts, Wills
Beat It, Just Beat It – The IRS Loses a Big One. To understand just how far off the IRS can be when estimating an estate’s tax bill, one doesn’t need to look any further than recent tabloid headlines regaling the win by late singer Michael Jackson’s Estate. Last...
by Trust Counsel | Jun 3, 2021 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax, Trusts, Wills
Nearly three years have passed since Aretha Franklin, known as the “Queen of Soul,” died from pancreatic cancer at age 76. When she first passed away in August 2018, her family thought that Aretha died without any estate plan at all. But since then, four different...
by Trust Counsel | Feb 5, 2021 | Articles, Asset Protection, Business/ Corporate Law, Estate Planning, Estate Tax, Family, Financial, Gift Tax, Guardianship, Health Care Directive, High Net Worth, Inheritance, Intellectual Property, Kids Protection Planning, Liens/Debt, Trusts, Wills
Within the past year, a combination of new legislation and the recent change of leadership in the White House and Congress stands to dramatically increase the income taxes your loved ones will have to pay on inherited retirement accounts as well as increasing the...
by Trust Counsel | Jan 29, 2021 | Articles, Asset Protection, Business Succession, Business/ Corporate Law, Estate Planning, Estate Tax, Financial, Gift Tax, Health Care Directive, High Net Worth, Intellectual Property, Liens/Debt, Probate, Probate Litigation, Trusts, Wills
If you own a business, you almost certainly have intellectual property. However, because your intellectual property is intangible, it can be invisible to you and those who aren’t familiar with the nature of intellectual property and its value, so it often gets...
by Trust Counsel | Jan 29, 2021 | Articles, Estate Planning, Family, Guardianship, Health Care Directive, Kids Protection Planning, Probate, Probate Litigation, Trusts, Vacation / Travel
Although you likely won’t need to have an entirely new estate plan prepared for you, upon relocating to another state, you should definitely have your existing plan reviewed by an estate planning lawyer who is familiar with your new home state’s laws. Each state has...
