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Lessons from the Robin Williams Estate
March 10th, 2015
Initially experts believed that the dispensation of Robin Williams' estate would go smoothly. However, that has not turned out to be the case. There are lessons to be learned from what went wrong. Upon the passing of Robin Williams, along…
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Estate Planning and Cohabitation
February 27th, 2015
More and more young Americans are choosing not to get officially married, but living together as unmarried couples. This trend creates special needs in estate planning for these couples. While most Americans who live with a significant other a…
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Different Types of Trusts
February 26th, 2015
While all trusts share some similarities, there are many different types of trusts that you can use as part of your estate plan. For that reason, it is helpful to know what some of your alternatives are if you are considering getting a trust. Trusts…
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Passing Down a Private Foundation
February 25th, 2015
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…
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Planning Lessons from the World of Sports
February 23rd, 2015
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…
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Estate Planning for Widows
February 19th, 2015
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…
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What You Need “To-Do” with Your Estate Plan
February 11th, 2015
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…
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Turning Yourself into a Diamond
February 10th, 2015
Everyone knows that estate plans are primarily about your assets or your minor children, if you have any. Recently, however, some companies are asking people to make unusual decisions about what will happen to their remains as part of their estate pl…
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Revoking an Irrevocable Trust
February 6th, 2015
By the basic meaning of its title, it would seem that an irrevocable trust cannot be revoked. However, in Louisiana, a battle is waging over whether or not that is always true. Tom Benson is believed to control the largest fortune in the state…
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When DIY Estate Planning Goes Wrong
February 5th, 2015
People have many options today for creating their own estate planning documents. Forms can be purchased quickly from websites and books. However, trying to create your own estate plan can actually be more expensive than hiring an attorney. Hav…
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