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Prince Estate Moves Forward with Special Administrator
May 20th, 2016
A Minnesota judge appointed a special administrator to oversee the estate of Prince. For now the musician's siblings and half-siblings all appear to be in agreement, but potential problems loom for the estate. In a short hearing on May 2, 2016,…
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Categories: Blended Families, Current Affairs, Estate Planning, Family Business, Film, Music, Power of Attorney, Succession, Television, Trust Funding, Weblogs, Will
Frank Zappa's Family Argues over Music and Trust
May 17th, 2016
In the first decade after the death of musician Frank Zappa his estate plan appeared to have worked smoothly. More recently, however, issues have arisen that have Zappa's children fighting between themselves. After Frank Zappa passed away in 199…
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Categories: Aging Issues, Blended Families, Current Affairs, Elder Abuse, Elder Law, Estate Planning, Family Business, Music, Succession, Television, Weblogs, Will
Prince Did Not Have a Will
May 11th, 2016
After the death of Prince speculation began immediately about his estate plans and who would inherit his fortune. What no one expected is that he did not even have a will as asserted in court filings by his sister. If celebrity deaths such as Whitney…
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Categories: Aging Issues, Blended Families, Current Affairs, Estate Planning, Family Business, Music, Probate, Succession, Taxes, Television, Trust Funding, Weblogs, Will
Family Business Succession
May 9th, 2016
Most family owned businesses fail after the founder passes away. Good planning can prevent yours from being one of them. Sometimes family business operators are aware that after they pass away their businesses will not remain under family control or…
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Little Things Matter in Estate Planning
May 2nd, 2016
People often think that estate planning is only about deciding who gets big ticket items, such as a house, a car and a stock portfolio. However, the little items of personal property can be just as important. A typical will often goes into great deta…
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Categories: Aging Issues, Blended Families, Charitable Giving, Current Affairs, Estate Planning, Music, Succession, Trust Funding, Weblogs, Will
Same-Sex Couples May Still Have Special Estate Planning Needs
April 7th, 2016
Despite the Supreme Court's decision to legalize same-sex marriage in the U.S., many older same-sex couples still face challenges and need special estate planning. The decision by the Supreme Court to legalize same-sex marriage throughout the U.…
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Categories: Aging Issues, Blended Families, Current Affairs, Estate Planning, Power of Attorney, Succession, Trust Funding, Weblogs, Will
Postnuptial Agreements for Estate Planning
March 29th, 2016
Americans are familiar with prenuptial agreements that detail how a couple's property will be divided in the event of a divorce or death. In most states spouses can reach similar agreements after they get married. The Wall Street Journal reports…
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Bobbi Kristina Brown's Estate in Another Battle
March 3rd, 2016
Like her mother Whitney Houston's estate before her the estate of Bobbi Kristina Brown has sparked massive family fights. The latest battle has the estate administrator suing the trustees. The battle over the estate of Bobbi Kristina Brown has f…
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Categories: Blended Families, Current Affairs, Estate Planning, Family Business, Power of Attorney, Succession, Trust Funding, Weblogs, Will
Estranged Children and Your Estate
February 25th, 2016
If you have a child who you do not communicate with, you might want to make sure that the child does not receive part of your estate. The decision to do that can be difficult, but the process is not. A recent Market Watch column, entitled "Can m…
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Categories: Aging Issues, Blended Families, Current Affairs, Estate Planning, Power of Attorney, Succession, Trust Funding, Weblogs, Will
How Not to Protect Your Assets in a Second Marriage
February 12th, 2016
When people get remarried they are often concerned that after they pass away their assets will go to their new spouses and leave their children from previous marriages with very little. While there are several ways to ensure that does not happen, get…
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