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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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Happy Birthday to the Federal Estate Tax

The always controversial estate tax is now 100 years old. The debate over it has not changed much in those 100 years. In 1916, as the U.S. began to increase its military capacity in case the country got dragged into World War I, the federal governmen… Read More
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How Much Are Nursing Home Costs Rising?

The cost of nursing home care continues to rise. Seniors should plan for continued increases. A new study released by the Lincoln Financial Group reveals that on average the cost of semi-private and private nursing home care in the U.S. increased by… Read More
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Prince Did Not Have a Will

After the death of Prince speculation began immediately about his estate plans and who would inherit his fortune. What no one expected is that he did not even have a will as asserted in court filings by his sister. If celebrity deaths such as Whitney… Read More
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Family Business Succession

Most family owned businesses fail after the founder passes away. Good planning can prevent yours from being one of them. Sometimes family business operators are aware that after they pass away their businesses will not remain under family control or… Read More
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Can Trump Be Social Security's Savior?

Republican Presidential candidate Donald Trump does not receive a lot of praise from Democrats. However, one columnist believes that Trump is a key reason why one of the Democrats' favorite programs will be preserved. In every Presidential elect… Read More
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How to Pay for Long-Term Care

America's aging population is drawing attention to a large health care gap in the country: long-term care. Covering this gap could prove difficult and costly, but there are some ways that it can be done. Americans in most demographic groups are… Read More
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Little Things Matter in Estate Planning

People often think that estate planning is only about deciding who gets big ticket items, such as a house, a car and a stock portfolio. However, the little items of personal property can be just as important. A typical will often goes into great deta… Read More
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Almost 50% of Beneficiaries Taxed on Social Security Income

The 1983 law that started taxing Social Security benefits on the wealthiest seniors has never been updated. That means that it now taxes far more people than originally intended and if not changed, will tax more and more people in the future. What to… Read More
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IRS Now Allows IRA Distribution Deferrals

IRA growth after retirement has previously been limited by required mandatory distributions. A new deferment option now allows seniors the opportunity for more retirement account growth. Required minimum distributions from retirement accounts such as… Read More
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