Estate Planning

When most people think of creating a will, they think about naming an executor, distributing their financial assets and considering whether or not they need to include any tax planning in their estate plan. But there are a few other things you’ll want to be sure to include, according to an article from Philly.com, “5…

People respond to grief in different ways. Unfortunately, many families experience fights and even fracturing, after the passing of a parent. Inheritances often cause drama within families. According to a survey of 2,700 people conducted by Ameriprise Financial, as many as 25% of respondents said that an inheritance caused stress within the family. Sometimes, it’s…

Cash and investments are only part of the legacy you leave behind. Your family history, stories, values and personal items can also be shared across the generations. Most people think about money and property when they hear the word “inheritance.” However, in addition to passing along wealth and assets, families can take certain steps to…

Life is all about changes, from starting a family, buying a house, building a business, retiring and building a legacy. Your estate and financial plan needs to follow along with these changes and life events. It takes planning and the help of skilled professionals to guide us through complex areas that include estate planning and…

At issue is whether or not the owner of the New Orleans Saints can take his ownership shares out of trust funds that had been created for family members, when they were all on speaking terms. Sadly, the family is now fractured. Having had a change of heart about who he wants to inherit full…

Several of George Michael’s godchildren are expected to receive large inheritances. The estate of George Michael, who passed away on Christmas Day, is beginning to come to light, according to the Daily Mail in “George Michael’s £100M fortune ‘will go to his Godchildren’: Offspring of his celebrity friends could inherit tens of millions EACH after…

Our new President promised to kill the estate tax. Will he really do it? While campaigning for the presidency, Donald Trump repeatedly said he would eliminate the federal estate tax. Most Republicans in Congress share his position. Now that Donald Trump and congressional Republicans have the power to do away with the estate tax, the…

Estate planning is a lifetime process. Changes in the law, your finances or family circumstances mean that it’s time for a review. Whenever you have a significant change in your life circumstances, you should come back in and review your estate plan. Remember, estate planning is not a once-and-done transaction, but a lifetime process. However,…

Some mistakes in estate planning for celebrities draw little notice but can still be a major problem. Celebrity deaths and estates can sometimes be the subject of headline after headline such as the estates of Robin Williams, Whitney Houston and Michael Jackson. The estates are well-known because of the mistakes in the plan and the…

The passing of Debbie Reynolds puts Singin’ In The Rain into top seller position. Singin’ In The Rain recently became the bestselling DVD on Amazon and was placed on iTunes’ New and Noteworthy list, according to TMZ in “Debbie Reynolds Singin’ In The Gains Death Causes Spike In Sales, Searches.” This comes as no surprise…