Start Planning Now to Prepare Your Estate for a Possible Democratic Sweep—Part 2

by Trust Counsel | Oct 30, 2020 | Articles, Asset Protection, Business Succession, Business/ Corporate Law, Case Law, Estate Planning, Estate Tax, Financial, Gift Tax, Guardianship, Income Tax, Inheritance, IRAs / 401(k), IRS, Kids Protection Planning, Liens/Debt, Probate, Real Property / Real Estate, Special Needs Planning, Trusts, Wills

No matter who you vote for on November 3rd, you may want to start considering the potential legal, financial, and tax impacts a change of leadership might have on your family’s planning. As you’ll learn here, there are a number of reasons why you may want to start...

What You Should Know Before Agreeing to Serve as Trustee

by Trust Counsel | Oct 8, 2020 | Articles, Asset Protection, Estate Planning, Family, Guardianship, Health Care Directive, Incapacity, Inheritance, Kids Protection Planning, Wills

Being asked by a loved one to serve as trustee for their trust upon their death can be quite an honor, but it’s also a major responsibility—and the role is definitely not for everyone. Indeed, serving as a trustee entails a broad array of duties, and you are both...

Once Your Kids Are 18, Make Sure They Sign These Documents

by Trust Counsel | Sep 25, 2020 | Estate Planning, Inheritance, Trusts, Wills

While estate planning is probably one of the last things your teenage kids are thinking about, given the dire threat coronavirus represents, when they turn 18, it should be their (and your) number-one priority. Here’s why: At 18, they become legal adults in the eyes...

What the Black Panther can Teach us About Legacy

by Trust Counsel | Sep 2, 2020 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Estate Tax, Family, Trusts, Wills

As I am sure you have heard, Actor Chadwick Boseman, best known for playing Black Panther in the hit Marvel superhero franchise, died of cancer at the very young age of 43 last week.  Since I had not seen it before, over the weekend I saw the Marvel smash hit everyone...

What the Netflix Series Tiger King Can Teach You About Estate Planning-Part 1

by Trust Counsel | Aug 10, 2020 | Articles, Asset Protection, Business Succession, Estate Planning, Estate Tax, Family, Financial, Trusts, Wills

Anyone who has seen the hit Netflix documentary Tiger King: Murder, Mayhem, and Madness can attest that it’s one of the most outlandish stories to come out in a year full of outlandish stories. And while Tiger King’s sordid tale of big cats, murder-for-hire, polygamy,...

Karl Lagerfeld’s Cat

by Trust Counsel | Jul 13, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial, Inheritance, Trusts, Wills

When Chanel’s creative director Karl Lagerfeld passed away in 2019, rumors went wild about who would inherit his $270 million estate. Many of those rumors claimed that he wanted his Birman cat, Choupette, to get it all. A year later, we’re still waiting to get the...