by Trust Counsel | Dec 30, 2024 | Articles, Estate Tax
While high inflation is generally bad for the economy, the upside is that various tax figures adjust upwards for inflation on an annual (or other) basis. Because fairly high inflation continued during 2024, we reap the rewards of higher-than-normal increases in...
by Trust Counsel | Oct 25, 2024 | Articles, Celebrity Estates, Inheritance
Receiving an inheritance can feel like a life-changing gift, and if managed wisely, it can create lasting impact for you and even generations to come. However, studies show that nearly a third of Americans who inherit money end up with little or no long-term increase...
by Trust Counsel | Sep 18, 2024 | Articles, Celebrity Estates
Joan Rivers, the queen of sass and quick comebacks, didn’t leave anything to chance. When she passed away in 2014 after a routine procedure in New York, it led to a medical malpractice lawsuit against the clinic. But the real twist? Joan’s $150 million estate was no...
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,...
by Trust Counsel | Jul 4, 2024 | Articles, Asset Protection, Business Succession, Estate Planning, Family, High Net Worth, Inheritance, Kids Protection Planning, Trusts, Wills
As you celebrate the Fourth of July and all it represents – freedom, independence, and the pursuit of happiness – take pride in the ultimate American liberty: the right to decide your own affairs, even after death or in the event of incapacity. An estate...