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Paul Walker's Daughter Received $10.1 Million from Driver's Estate
April 28th, 2016
The terms of a settlement between the daughter of late actor Paul Walker and the estate of the driver of the vehicle that Walker was riding in when the car crashed, killing the actor, went unnoticed for a year and a half. Paul Walker was a passenger…
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Same-Sex Couples May Still Have Special Estate Planning Needs
April 7th, 2016
Despite the Supreme Court's decision to legalize same-sex marriage in the U.S., many older same-sex couples still face challenges and need special estate planning. The decision by the Supreme Court to legalize same-sex marriage throughout the U.…
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Categories: Aging Issues, Blended Families, Current Affairs, Estate Planning, Power of Attorney, Succession, Trust Funding, Weblogs, Will
Postnuptial Agreements for Estate Planning
March 29th, 2016
Americans are familiar with prenuptial agreements that detail how a couple's property will be divided in the event of a divorce or death. In most states spouses can reach similar agreements after they get married. The Wall Street Journal reports…
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Be Wary of Living Trust Scams
March 15th, 2016
Many seniors in the U.S. fall victim to living trust scammers who scare and intimidate their victims into purchasing worthless, unnecessary trusts. Seniors need to know what to look out for to avoid being victims. Going through probate can be burdens…
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Categories: Aging Issues, Current Affairs, Elder Abuse, Estate Planning, Probate, Succession, Trust Funding, Weblogs, Will
Tags: Elder Abuse, Elder Law, Estate Tax, Living Trusts, probate, scams, taxes, trust, trust funding
Worry in Detroit over Lions’ Succession Plan
March 10th, 2016
The Detroit Lions say that there is a succession plan in place for when the current owner passes away. They are not saying what that plan is, which might cause some concern for the NFL. Like other professional sports leagues the NFL has tight restric…
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Categories: Aging Issues, Current Affairs, Estate Planning, Family Business, Games, Sports, Succession, Trust Funding, Weblogs, Will
Dispute over Family Trust Turns Deadly
March 8th, 2016
Law enforcement authorities believe that a long simmering battle over a family trust was the root cause of a double homicide and the subsequent suicide of the suspect. Raymond Giehl III became concerned when his wife sent him a text message that her…
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Categories: Aging Issues, Current Affairs, Estate Planning, Power of Attorney, Succession, Trust Funding, Weblogs, Will
Tags: attorney, Beneficiaries, estate planning, family, Family Feuds, successor, trust, Trustee, will
Lessons in the Redstone Saga
March 1st, 2016
The family life and drama of Sumner Redstone is currently being played out in the media and on Wall Street. It is not the first time that a self-made billionaire's personal life has made the news and harmed his business when the founder gets old…
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Categories: Aging Issues, Current Affairs, Estate Planning, Family Business, Succession, Television, Trust Funding, Weblogs, Will
Tax Time Can Also Be Estate Planning Time
February 23rd, 2016
One of the best times to review your estate plan, or to get one if you do not already have one, is when you are doing your yearly taxes. Even if you have the assistance of an accountant, filing your income tax return can be a time-consuming and frust…
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Categories: Aging Issues, Current Affairs, Estate Planning, Power of Attorney, Taxes, Trust Funding, Weblogs, Will
Estate Planning Options for Your Pets
December 3rd, 2015
Increasingly people are making provisions in their estate plans for their pets. If you would like to do the same, then you have a few options for how to do it. In the past people gave little thought to what might happen to their pets after they passe…
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Categories: Aging Issues, Current Affairs, Estate Planning, Succession, Trust Funding, Weblogs, Will
Wells Fargo Ordered to Pay for Committing Trustee Fraud
July 22nd, 2015
When creating a large trust, especially one for a minor child, it is often a good idea to use the services of a professional trustee. Many banks, both large and small, offer the service. However, there is no guarantee that professional trustees will…
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