» Estate Planning

Sumner Redstone Competency Challenged Again

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… Read More
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Tom Benson Claims Daughter and Grandchildren Tried to Kill Him

The ongoing battle between Tom Benson, his daughter and his grandchildren took an interesting turn when excerpts from a deposition were filed in federal court. In them, Benson claims the daughter and grandchildren tried to kill him. For the last year… Read More
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Celebrities without Estate Plans

Prince is not the first famous person to pass away unexpectedly without an estate plan. With Prince's estate in the news the public is getting a close look at what happens when a celebrity passes away without having created a will. Prince, howev… Read More
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More Potential Prince Heirs Come Forward

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… Read More
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Using a Family Limited Partnership

A family limited partnership can be used to lower your tax burden and transfer wealth to future generations of your family. One reason people seek the advice of estate planning attorneys is to lower their potential estate tax burdens in a way that do… Read More
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A Power of Attorney Is Not Always Enough

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… Read More
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Executor Duties and Errors

The duties of the executor of an estate are well known by industry professionals, but not always well known by the laypersons who are appointed as executors. This leads to those executors making common mistakes that would be easily avoidable had they… Read More
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Baby Boomers' Retirement Mistakes

If you want to leave an inheritance for your children and grandchildren, it is important to make sure that your assets are not all spent in your retirement. That requires good retirement planning. Unfortunately, Baby Boomers are collectively making a… Read More
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Making a Family Foundation Work

Family foundations are a great way for members of a family to come together in a joint effort to contribute to society and their communities. If not handled properly, however, they can also be a source of family strife. The latter is avoidable with g… Read More
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Business Estate Planning

Business ownership complicates estate planning, but it does not make it impossible. The more assets you have and the more complex those assets are the more complicated it is to make an effective estate plan. This is especially true if one of your ass… Read More
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