» Aging Issues

Counting on an Inheritance to Retire

A new survey suggests that many Americans are counting on receiving an inheritance to retire on instead of saving enough for retirement themselves. This has the potential to create disasters for several reasons.   Recently CNBC published the res… Read More
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Gift Tax Basics

    People who want to give a large amount of money to another person often have questions about how much they can give without having to pay taxes on the gift. Fortunately, the gift tax is relatively simple once you know the basics.  … Read More
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Alternatives to Talking about Death

Estate planning attorneys always tell their clients that the most important thing to do to ensure a smooth estate administration is to talk to family members about what they need to do. However, there is an alternative if you are uncomfortable with t… Read More
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Estate Planning Tips for Blended Families

Blended families are continuously becoming more common in the United States. This creates special considerations that must be taken into account during estate planning because not planning properly for blended families is a good way to ensure that th… Read More
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Mr. Cub's Will Contested

Legendary baseball player Ernie Banks, known to fans as "Mr. Cub," passed away recently. Now it appears that there are two disputes involving his passing, including a will contest. Before passing away, Ernie Banks suffered a protracted illn… Read More
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Estate Planning for Widows

    Anytime someone loses a spouse, it is important that the surviving spouse's estate plan be revisited. As it  turns out, widows often need something different than widowers.   Studies suggest that single women are mor… Read More
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Help Wanted: Daughter to Inherit Fortune

Most people who do not have children to inherit their wealth give it to other relatives or charity. However, one woman in China has a different idea. She is advertising for someone to be her daughter. It is ordinarily assumed that wealthy people will… Read More
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What You Need “To-Do” with Your Estate Plan

Now that January has passed and you have hopefully gotten your beginning of the year business done, it is time to turn your attention to your estate plan and make sure that it is up to date. Your estate plan should not be seen as a static document. Y… Read More
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Turning Yourself into a Diamond

Everyone knows that estate plans are primarily about your assets or your minor children, if you have any. Recently, however, some companies are asking people to make unusual decisions about what will happen to their remains as part of their estate pl… Read More
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Revoking an Irrevocable Trust

By the basic meaning of its title, it would seem that an irrevocable trust cannot be revoked. However, in Louisiana, a battle is waging over whether or not that is always true.   Tom Benson is believed to control the largest fortune in the state… Read More
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