Trusts - Estate Planning & Probate Attorneys

Should Childless Couples Have a Will? Estate Planning Without Children

by Trust Counsel | Aug 9, 2024 | Articles, Estate Planning

When we think about estate planning, it’s often about leaving your assets to your children. But what happens when a couple has no children? Childless couples still need to plan carefully to ensure their assets are distributed according to their...

What You Need to Know About the IRS Rule Change in Irrevocable Trusts

by Trust Counsel | Jul 31, 2024 | Articles, Estate Planning, Estate Tax, Inheritance, IRS, Trusts, Wills

Estate planning is a critical component of financial security, yet it often involves navigating a maze of tax regulations and legal considerations. One recent change in IRS regulations has significant implications for those using irrevocable trusts as part of their...

Why You Should Update Your Estate Plan During Election Year

by Trust Counsel | Jul 26, 2024 | Articles, Estate Planning

Estate planning is an ongoing process that requires regular review to ensure your wishes are honored and your assets are protected. However, during an election year, this becomes even more crucial. With the upcoming elections in November, changes in tax policies,...

Family Feuds and Tax Troubles: The Complex Challenges Facing the Michael Jackson Estate

by Trust Counsel | Jun 21, 2024 | Articles, Business Succession, Celebrity Estates, Estate Planning, Family, Financial, Guardianship, High Net Worth, Inheritance, Intellectual Property, IRS, Kids Protection Planning, Probate, Trusts, Wills

June is the month on our calendars regarded by many as an important time to honor, remember, and celebrate fathers and father figures around the country every year on Father’s Day. But few know that June is also home to World Music Day, celebrated every June 21st,...

They’re Not Kids Anymore! Navigating Your Child’s Transition Into Adulthood

by Trust Counsel | Jun 14, 2024 | Articles, Estate Planning, Family, High Net Worth, Inheritance, Kids Protection Planning, Trusts, Wills

When your child turns 18, they’re legally considered an adult even though they have a lot more growing to do (though they may not think so!). Just like any other adult, their health and financial information is protected by privacy laws. But unlike any other adult,...