» trust

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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Holding a Trustee Liable

One of the reasons that trusts are an effective estate planning tool is that the trustee is legally required to act in the best interests of the beneficiaries. However, it is increasingly difficult to hold trustees liable when they do not do so. Trus… Read More
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Blended Family Financial Difficulties

When a parent gets remarried there is likely to be tension between the new spouse and the children from previous relationships. Much of that tension can be eased by ensuring the family finances are properly handled. On television and in movies blende… Read More
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Estate Planning Is Not Just About the Legal Documents

It is not enough to just get a pile of legal documents that make up an estate plan. The legal documents themselves are limited if you have not considered what it really means to transfer wealth from one generation to the next and have not planned acc… Read More
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Estate Planning in a Few Steps

Creating an estate plan can seem like a daunting task for many people, but if you break the process down into the basic steps, it does not seem as challenging. Sometimes people do not get estate plans because they think it is too difficult, that ther… 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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The Bizarre Battle Over B.B. King's Estate

It might have been physically impossible for the late musician B.B. King to have children, yet he claimed that he had 15 of them. Those who survive are in a strange battle over his estate. According to B.B. King's biographer, the musician was to… Read More
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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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Frank Zappa's Family Argues over Music and Trust

In the first decade after the death of musician Frank Zappa his estate plan appeared to have worked smoothly. More recently, however, issues have arisen that have Zappa's children fighting between themselves. After Frank Zappa passed away in 199… Read More
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