» estate plan

Is a Trust Right for Me?

Many people think of trusts as estate planning tools for the very rich, but the fact is that a trust can serve many different purposes for people at all income levels. Depending on your individual circumstances, a trust may be an essential part of yo… Read More
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Remarriage and Estate Planning

If you are planning to get remarried, it is important that you revise your estate plan before doing so, especially if you have children from a previous marriage. One of the most challenging things for estate lawyers and probate courts to administer i… Read More
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Judge Cuts Down List of Potential Prince Heirs

The Minnesota judge hearing the Prince estate case has rejected most of the claims brought by people to have themselves declared to be the singer’s heirs. The stakes in the Prince estate case are very high. Because he did not have an estate plan, a… Read More
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Treating Your Children Differently in Your Estate

For many parents it seems obvious that because their children have different life circumstances it is fair to treat them differently in their estate plans. The children often have different ideas than the parents about what is fair and that can lead… Read More
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Unhappy in Retirement

A recent study revealed that more Americans than ever are unhappy or dissatisfied in retirement. If you are one of them, getting your affairs in order might help your security and satisfaction. When working people think about retirement, they normall… Read More
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Media Denied Hearing in Prince Case

The judge overseeing the probate case concerning Prince's estate has denied a request from several media companies to be heard in the case. However, questions about media access to the case have not been definitively answered. The issue of havin… Read More
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Estates with Valuable Art Works Can Face Problems with IRS

Artwork valued over $50,000 can create an unexpected estate tax bill. Because appraisals on expensive artwork can vary estates can face some difficult issues with the IRS as Barron's discusses in "How Art Can Blow Apart Your Estate," c… Read More
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Estate Planning for Younger Adults

People in their 20s and 30s might not think that they need estate plans, but they do and it is not necessarily a big hassle for them to put plans in place. A typical line of thinking for younger adults is this: because they have relatively few assets… Read More
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State Sues Life Insurance Companies

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… Read More
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The Greatest of All Time's Estate

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… Read More
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