by Trust Counsel | Jul 8, 2020 | Articles, Asset Protection, Business Succession, Estate Planning, Estate Tax, Family, Financial, Trusts, Wills
In January, we reported how the deaths of NBA legend Kobe Bryant (Kobe) and his 13-year-old daughter, Brianna, in a helicopter crash demonstrated the vital need for estate planning for people of all ages. At the time, little was known about the planning strategies...
by Trust Counsel | Jun 26, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Trusts, Wills
If you have a blended family and do not plan for what happens to your assets in the event of your incapacity or eventual death, you are almost certainly guaranteeing hurt feelings, conflict, and maybe even a long, drawn out court battle. So let’s start with clarity...
by Trust Counsel | Jun 19, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Trusts, Wills
Many people come to us curious (or confused) about trusts and taxes. So today’s article is going to sort it out and clarify things for you. There are two types of trusts, and each have different tax consequences. Revocable trusts, which are the far more commonly used...
by Trust Counsel | May 1, 2020 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax, Trusts, Wills
Anderson Cooper announced the birth of his son, Wyatt, Thursday evening on his show and in a lengthy Instagram post. His son was born on Monday via a surrogate and is named after his father who died when Cooper was 10. Cooper said he regretted that his parents and...
by Trust Counsel | Apr 22, 2020 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax, Family, Trusts, Wills
We initially wrote a piece on Kobe on our blog – you can check it out here: https://trustcounsel.com/2020/02/nba-superstar-kobe-bryants-estate-plan/ Honestly, I did not follow Kobe Bryant during his lifetime. I knew of him and knew of his career but nothing more than...
by Trust Counsel | Apr 17, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Trusts, Wills
With all of the media about “digital wills” and “online estate planning” it could be tempting to think you can do your estate planning yourself, online. And, maybe you can. But, if you do, you need to know the potential pitfalls. Online estate planning could be a big...
