by Trust Counsel | May 30, 2019 | Articles, Asset Protection, Celebrity Estates, Estate Planning, Wills
As if the estate of the late Queen of Soul did not have enough issues—millions owed in back taxes, a hefty estate tax, a special needs heir and a lack of an estate plan (click here for our previous article on Aretha)—the latest news coming out of Michigan is surely a...
by Trust Counsel | Feb 22, 2019 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Financial, Trusts, Wills
The recent death of the CEO of QuadrigaCX, a major cryptocurrency exchange in Canada, demonstrates a basic, yet often-overlooked, tenet of effective estate planning: In the event of your incapacity or death, if your heirs don’t know how to find or access your assets,...
by Trust Counsel | Jan 24, 2019 | Articles, Celebrity Estates, Estate Planning, Financial, Probate, Trusts, Wills
By now, I am sure you have grown accustom to hearing about celebrity faux pas when it comes to estate planning. The latest celebrity in this ever-growing list is the late electronic dance music (“EDC”) phenom, Avicii, who passed away last April at only 28 years old...
by Trust Counsel | Jan 18, 2019 | Articles, Asset Protection, Estate Planning, Family, Trusts, Wills
If you’re an animal lover and have a pet of your own, you likely consider your pet to be a member of the family. And since your furry friends can provide protection, emotional support, and unconditional love, such consideration is often well deserved. In stark...
by Trust Counsel | Dec 14, 2018 | Articles, Asset Protection, Estate Planning, Financial, Trusts, Wills
In the first part of this series, we discussed the importance of including your digital assets in your estate plan. Here, we’ll talk about the best ways to get started with this process. Today, estate planning encompasses not just tangible property like finances and...
by Trust Counsel | Dec 13, 2018 | Articles, Asset Protection, Estate Planning, Estate Tax, Family, Trusts, Wills
Just as there is an “art” to collecting artwork, there is an “art” to addressing artwork in a person’s estate plan. The failure of properly planning for the disposition of an artwork collection upon the person’s death can be costly—both in terms of money and family...
