» Taxes

Who Profits From the Sumner Redstone Situation?

The continuing battles over Sumner Redstone's competency in court and the media is not profiting shareholders in the companies that he owns, but someone is profiting from the situation. The current fight over Sumner Redstone's competency an… Read More
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Your Retirement and Your Children

You might think that you are only hurting yourself by not saving for retirement, but you are also hurting your children in two important ways. It is common knowledge that a large percentage of Americans do not have any retirement savings. Some people… Read More
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Joan Rivers' Estate Sale

Collectors are eager to bid on a collection of valuable items that will go up for auction at a sale of Joan Rivers' estate in June. Joan Rivers never kept it a secret that she loved luxurious things and was an avid collector of fine items. Follo… Read More
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Whitney Houston Estate Fights IRS

Whitney Houston passed away over four years ago, but her estate is still in an ongoing dispute with the Internal Revenue Service over the value of the estate and how much tax is owed. Both the estates of Whitney Houston and her daughter Bobbi Kristin… 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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Same-Sex Partner Estate Tax Case

A recent ruling by a New Jersey tax court illustrates that the legality of same-sex marriage does not solve all estate difficulties for same-sex couples who were not able to get married previously. In 2004 New Jersey passed a domestic partnership law… Read More
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Does Wealth Flee High Taxes?

Many state legislators share the common concern that if they increase taxes on their wealthiest residents, those residents will move to lower tax jurisdictions. However, data suggests that there is little basis for that concern. No one likes paying t… Read More
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Giving Your Business Away

Some business owners prefer to retain control over their businesses until they pass away. Others would rather retire and let younger family members assume ownership. There are a couple of different options to do that. Business succession planning is… Read More
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Celebrities without Estate Plans

Prince is not the first famous person to pass away unexpectedly without an estate plan. With Prince's estate in the news the public is getting a close look at what happens when a celebrity passes away without having created a will. Prince, howev… 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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