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State Sues Life Insurance Companies
July 5th, 2016
Lawsuits from the Minnesota Attorney General should serve as an important reminder to anyone who has a life insurance policy as part of their estate plan. Life insurance policies play a pivotal role in many estate plans. They are often used to provid…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Succession, Taxes, Trust Funding, Weblogs, Will
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Phil Taylor Left Nothing to Missing Wife
July 1st, 2016
The recently deceased former Motorhead drummer, Phil Taylor, had a long-lost wife. He left nothing for her in his will. Phil Taylor, known to fans as Filthy Animal, was a long-time drummer for the legendary hard rock band Motorhead. Although Taylor h…
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Is a Joint Will What You Need?
June 30th, 2016
Some couples who know that they should get wills and who would prefer not to pay for two of them might want to consider getting a joint will, but they need to know exactly what they are getting. Rather than getting two separate wills some married cou…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Succession, Trust Funding, Weblogs, Will
Who Profits From the Sumner Redstone Situation?
June 29th, 2016
The continuing battles over Sumner Redstone's competency in court and the media is not profiting shareholders in the companies that he owns, but someone is profiting from the situation. The current fight over Sumner Redstone's competency an…
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The Greatest of All Time's Estate
June 21st, 2016
Boxing legend Muhammad Ali recently passed away. The details of his estate plan are not yet known, but he left behind a large estate and family. With the passing of Muhammad Ali, a true sports icon has left the scene. At this early stage it is not ye…
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Categories: Aging Issues, Blended Families, Charitable Giving, Current Affairs, Elder Law, Estate Planning, Film, Games, Sports, Succession, Taxes, Television, Trust Funding, Weblogs, Will
Tags: estate plan
Same-Sex Partner Estate Tax Case
June 17th, 2016
A recent ruling by a New Jersey tax court illustrates that the legality of same-sex marriage does not solve all estate difficulties for same-sex couples who were not able to get married previously. In 2004 New Jersey passed a domestic partnership law…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Postnuptial Agreements, Succession, Taxes, Trust Funding, Weblogs, Will
Does Wealth Flee High Taxes?
June 15th, 2016
Many state legislators share the common concern that if they increase taxes on their wealthiest residents, those residents will move to lower tax jurisdictions. However, data suggests that there is little basis for that concern. No one likes paying t…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Small Business, Succession, Taxes, Trust Funding, Weblogs, Will
Sumner Redstone Competency Challenged Again
June 10th, 2016
Only two weeks after Sumner Redstone successfully defended himself against one attempt to declare him incompetent to handle his own affairs another battle over the same issue has begun. The effort by Sumner Redstone's ex-girlfriend to have the m…
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More Potential Prince Heirs Come Forward
June 7th, 2016
In the developing saga to settle Prince's estate two more people have come forward claiming to be his heirs. When news broke that the musician Prince did not have an estate plan experts were quick to predict that there would be multiple claims m…
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Categories: Aging Issues, Blended Families, Current Affairs, Elder Abuse, Elder Law, Estate Planning, Film, Music, Probate, Succession, Television, Trust Funding, Weblogs, Will
A Power of Attorney Is Not Always Enough
June 3rd, 2016
Everyone should get a general durable power of attorney. Everyone should also realize that they may need to do more than just that to protect their financial interests in the event of incapacitation. A general durable power of attorney is a necessary…
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Categories: Aging Issues, Current Affairs, Elder Law, Estate Planning, Long Term Care, Power of Attorney, Succession, Trust Funding, Weblogs
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