Individuals often have reservations about seeking an attorney’s help with their Estate Plan. Sometimes, they worry about the cost; other times, they think they can do it on their own, and sometimes, they die before the thought of creating an Estate Plan ever crosses their mind. Unfortunately, the issues that arise from a lack of proper Estate Planning on death don’t care who we are. As this blog demonstrates, even celebrities struggle with creating a comprehensive Estate Plan. Read on to learn … [Read more...]
Blog
LLC Asset Protection: Preserve Your Hard-Earned Legacy
Your resources are hard-earned, and you certainly don’t want to lose any of the ground that you have seized. Preservation is key, and we will look at LLC asset protection strategies first. LLC Asset Protection Strategies Are you the owner of a small business? If you answer this question in the affirmative and you are a sole proprietor, you are at risk. There is no legal separation between your personal interests and the interests of your business. You can change the playing field if you … [Read more...]
There’s No Better Way to Say “I’ll Be There for You” than with an Estate Plan
Matthew Perry died at the end of 2023. While it seems unlikely that his estate will end up embroiled in a court battle, as we see with other celebrity estates, that doesn’t mean that we can’t learn anything from his death and Estate Plan. Read on to learn more. … [Read more...]
Should In Re Gregory Hall Trust Change the Way We Think About Amending Trusts?
Revocable Trusts offer many great benefits for the grantor and the beneficiaries both during life and after death. Grantors or creators of the trust retain the right to amend, revoke, alter, or change the trust during their lifetime. Well-written trusts contain explicit directions regarding how the change needs to occur. A recent Michigan case explores what happens when a trust lacks that clarity. Read on to learn more. … [Read more...]
Use It or Lose It…Examining the Efficacy of the Spouse And Family Exclusion Trust or Spousal Lifetime Access Trust
The Applicable Exclusion Amount (“AEA”) permits individuals to transfer a certain amount of property during life or death without worrying about incurring an estate or gift tax. Passage of the Tax Cuts and Jobs Act of 2017 temporarily doubled that amount, allowing significant wealth to pass from one generation to another without imposition of tax. As we draw nearer to January 1, 2026, and the sunset of those doubling provisions, attorneys and clients alike will rush to utilize whatever remains … [Read more...]
- « Previous Page
- 1
- …
- 21
- 22
- 23
- 24
- 25
- …
- 113
- Next Page »
