by Leslie Marenco | Aug 15, 2014 | Articles, Asset Protection, Business/ Corporate Law, Real Property / Real Estate, Trusts
If you own real estate, chances are you have purchased insurance to protect your assets against damage or loss. But have you taken the necessary steps to protect your assets against lawsuits or probate? If you own rental properties, there is likely a nagging fear in...
by Leslie Marenco | Aug 14, 2014 | Articles, Business/ Corporate Law, Trusts
The concept of a trust is difficult for many people to grasp because a trust is a concept, and therefore is an intangible. Another intangible, but one that is more familiar, and therefore seems easier to understand, is a corporation. A quick look at the two concepts,...
by Leslie Marenco | Aug 10, 2014 | Articles, Celebrity Estates, Estate Planning, High Net Worth, Trusts
When news breaks that multiple celebrities within a month’s time are cutting their kids out of their estate plans, it’s not hard to see which way the wind is blowing… Not wanting their children to be unmotivated “trust fund” brats that...
by Leslie Marenco | Aug 9, 2014 | Articles, Trusts
Lately in the news I have been hearing lots of common myths popping up (courtesy of Gloria Vanderbilt and Sting both declaring that they DO NOT want to leave their Millions to their children.) So I thought I would write a quick post on the top 4 MYTHS I hear when...
by Leslie Marenco | Aug 8, 2014 | Articles, Estate Planning, Trusts
While most parents have the best intentions when it comes to teaching their children about handling finances wisely, sometimes the lessons don’t take. In addition to concerns about spendthrift behavior, some children experience problems with substance abuse or have...
by Leslie Marenco | Jul 31, 2014 | Articles, Celebrity Estates, Estate Planning, High Net Worth, Trusts
After the death of Steve Jobs the rumors started circulating that he was so smart that he even knew how to avoid paying estate taxes better than anyone else. Jobs was smart and he seems to have had an attorney do a great job with his estate planning, but he certainly...
