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Tips for Passing Down Wealth
July 9th, 2015
While you may have been fortunate and knowledgeable enough to amass wealth, that does not necessarily mean that you know the best way to pass it down to future generations. Estate planning can seem a bit overwhelming for the wealthy. The more assets…
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Audrey Hepburn's Storage Locker
July 6th, 2015
Nearly 22 years after the legendary actress Audrey Hepburn passed away her two sons are still arguing over the contents of a storage locker that she left to them. When Audrey Hepburn passed away she owned a storage locker that contained many of the p…
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Debate over the Fate of Bobbi Kristina Brown
July 1st, 2015
There has been much media speculation about the debate in Bobbi Kristina Brown's family over whether or not to remove her from life support. The debate has been framed as a moral and religious one, but what might really be driving it is somethin…
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Categories: Blended Families, Current Affairs, Estate Planning, Long Term Care, Music, Power of Attorney, Television, Trust Funding, Will
Why Choose a Non-Family Trustee?
June 26th, 2015
When naming the trustees to administer a trust, the first people who come to mind are beloved family members. Some people stop there and appoint one of those family members, but they really should think twice before doing so. When creating trus…
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Australia's Richest Woman Loses Control of Family Trust
June 8th, 2015
Gina Rinehart is the wealthiest person in Australia. However, it appears that greed might have cost her control of a family trust worth billions. Gina Rinehart controls one of the largest iron ore mining companies in the world. She was also in…
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Keep Your Trust Ahead of State Tax Laws
May 26th, 2015
Keeping on top of federal tax laws concerning trusts is relatively simple. However, when it comes to state tax laws on trusts, staying on top of them can be an entirely different matter, especially since many trusts might be subject to taxatio…
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Sumner Redstone's Succession Plan
May 19th, 2015
Sumner Redstone might not be a household number, but he is one of the most important media moguls in the United States. Redstone controls approximately 80 percent of the voting stock in CBS and Viacom. Because of that many people are in…
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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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Fight over Robin Williams' Estate
February 13th, 2015
In the immediate aftermath of Robin Williams' death it appeared that his estate had been well-planned and no arguments over it were expected. However, it now seems that a battle is brewing in court. After the suicide of Robin Williams, th…
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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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