by Trust Counsel | Jan 10, 2020 | Articles, Asset Protection, Estate Planning, Estate Tax, Inheritance, Trusts, Wills
The Tax Cuts & Jobs Act (TCJA) made sweeping changes to exemptions, deductions, and credits for your family’s federal income taxes. But one major change that you might not have noticed is the way the law altered the potential tax consequences of divorce. Unlike...
by Trust Counsel | Jan 2, 2020 | Articles, Estate Planning, Estate Tax, Family, High Net Worth, Inheritance, Trusts, Wills
There are many good reasons to create an estate plan early in life. But not very many people do. Statistics show that most American adults – about 55% – don’t even have a signed Will, much less an estate plan; most of these folks are young. There are all kinds...
by Trust Counsel | Dec 20, 2019 | Articles, Asset Protection, Estate Planning, Family, Inheritance, Trusts, Videos, Wills
Estate planning isn’t only for the rich! Without a plan in place, there could be a long-lasting impact on your loved ones, even if you don’t have a pricey home, large IRA or valuable art to pass on. Not convinced that estate planning is necessary and important?...
by Leslie Marenco | Dec 20, 2019 | Asset Protection, Estate Planning, Family, Guardianship, Inheritance, Videos, Wills
When you’re doing your Estate Planning, you may come across this very frequent question: How much money should I leave my young children? This is a very personal decision you should take along with your attorney and before you do so, you may want to...
by Trust Counsel | Dec 20, 2019 | Articles, Asset Protection, Estate Planning, Family, Financial, Health Care Directive, Incapacity, Inheritance, Real Property / Real Estate, Retirement, Special Needs Planning, Trusts, Wills
With more and more Baby Boomers reaching retirement age each year, our country is undergoing an unprecedented demographic transformation that’s been dubbed “The Greying of America.” This population shift stands to affect many aspects of life, especially your...
by Trust Counsel | Dec 19, 2019 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Financial, Inheritance, Trusts, Wills
The entertainment industry seems to be determined to re-make almost every successful film and television show ever made. From live-action re-makes to updated versions of 80s and 90s classics, the reboot is the game right now. Jumping into the reboot game is Michael...