» Succession

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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Prince Estate Moves Forward with Special Administrator

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,… Read More
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Attorney Indicted for Social Security Disability Fraud

A notorious attorney who called himself "Mr. Social Security" has been indicted for fraud. This is good news for families of children with special needs and for seniors. Kentucky attorney Eric Conn built one of the largest Social Security D… Read More
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Understanding Alzheimer's Disease

Alzheimer's disease is a frightening thing to think about getting for anyone. Understanding what we know about the disease can help lessen that fear, but one of the most important things to understand about Alzheimer's is what we still do n… Read More
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