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Estate Planning and Cohabitation
February 27th, 2015
More and more young Americans are choosing not to get officially married, but living together as unmarried couples. This trend creates special needs in estate planning for these couples. While most Americans who live with a significant other a…
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Different Types of Trusts
February 26th, 2015
While all trusts share some similarities, there are many different types of trusts that you can use as part of your estate plan. For that reason, it is helpful to know what some of your alternatives are if you are considering getting a trust. Trusts…
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Passing Down a Private Foundation
February 25th, 2015
Many wealthy people create private foundations as a way to continue using their wealth to support causes they believe in after they pass away. It is an extremely important part of many estate plans. However, for private foundations to work after the…
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Mr. Cub's Will Contested
February 24th, 2015
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…
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Categories: Aging Issues, Blended Families, Elder Law, Estate Planning, Power of Attorney, Sports, Will
Planning Lessons from the World of Sports
February 23rd, 2015
Several family run sports teams have failed over the years and the families have been forced to sell the teams. Some of the reasons for the failures can be enlightening for other family owned businesses if they wish to survive after the founder passe…
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Estate Planning for Widows
February 19th, 2015
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…
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Attorney Sued for Defrauding Estate
February 18th, 2015
When someone passes away in an accident, an attorney is often retained by the estate to press claims against those who might be responsible for the accident. If the attorney is not trustworthy or the executor of the estate is not properly watc…
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Categories: Uncategorized
Inheritance Stolen after Social Media Posts Made About It
February 17th, 2015
While many people prefer to keep their financial affairs private, there are others who have no problem letting the entire world know about them. One young man in Philadelphia is learning the hard way that it is not a good idea to let the…
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Tom Brady Versus the Gift Tax
February 16th, 2015
It seems like famous athletes are winning something all time. These men and women are often already extremely wealthy, yet they often win prizes for their achievements beyond their salaries. Rest assured there are tax consequences for them. Di…
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Tags: Gift Tax
Fight over Robin Williams' Estate
February 13th, 2015
In the immediate aftermath of Robin Williams' death it appeared that his estate had been well-planned and no arguments over it were expected. However, it now seems that a battle is brewing in court. After the suicide of Robin Williams, th…
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