Blog

Joan Rivers:  Still Talking

Famous comedienne, Joan Rivers, spent her life making millions making us laugh. After her unexpected death in 2014, many newspapers and media outlets began to speculate about the contents and distribution of her estate. However, Joan had known her last will and testament would become tabloid fodder and had taken steps to ensure her and her loved one's privacy was ...

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separate revocable trust

A couple may choose to use a Separate Revocable Living Trust, as opposed to a Joint Revocable Living Trust for many reasons. In some states, there can be tax benefits. RLTs also provide enhanced asset protection for married couples, simplify trust administration after one or both spouses passes away, and clarify the division of property in a remarriage or blended ...

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Why Do People Choose to Disinherit Their Kids?

It is perfectly reasonable that you would want your children to make their own way in the world. Many high profile people are choosing to disinherit their children now, rather than provide them with an inheritance they may or may not be able to handle. However, there are other reasons that people may choose to disinherit loved ones.

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Although creating or updating your estate planning may seem like a daunting task, a proper estate plan can help address many concerns you may face as a senior citizen. We can give you peace of mind my answering questions like Who can help me if I'm unable to manage my own affairs? Can someone help me if I'm out of ...

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Jim Morrison:  People Are Strange

Jim Morrison did not have a good (if any) relationship with his parents. He died young, at just 27 years of age, but he had given some thought to his estate plan and had a will in place. Unfortunately, his wishes were not fulfilled as he had planned.

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Gun Trust Picture.jpg

Many Americans have collectables – coins, cars, antiques, and weapons. The larger the collection, the bigger problems you may have passing it on to a loved one when you pass away. Guns in particular have special rules and regulations that you should be aware of if you have a rather large collection of them. Transferring guns can be a lengthy, ...

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Joan Crawford:  The Best of Everything

Joan Crawford was one of Hollywood’s most iconic and interesting leading ladies. Joan lived a full life of family, scandals, rumors, and extravagance. After she died in 1977 it was discovered that she left an inheritance to two of her adoptive children, while disinheriting the other two.

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preserving money and property for third generation.jpg

Whether you have inherited some of your wealth or have built it yourself, you likely want to share this wealth with the next generation and beyond. The quote “shirtsleeves to shirtsleeves in three generations” has often been attributed to Andrew Carnegie. The same concept has been echoed by other people and various cultures, with the underlying notion being that the ...

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Carrie Fisher:  Postcards From The Edge

Carrie Fisher and her estate planning team created a proactive estate plan, which included an irrevocable living trust. The trust, however, was not funded. What went wrong and how was it rectified?

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There are a few different ways to provide financial assistance to your family members throughout your lifetime. You can give gifts, without giving money to the IRS, if you follow a few simple rules. You can take advantage of current tax laws and exclusions surrounding Annual Gifts, Medical Expenses, and Educational Expenses.

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