» Estate Planning

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… Read More

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

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… Read More

    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

   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… Read More

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… Read More

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

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