Posted on: October 1, 2023
Platforms such as Airbnb and VRBO have disrupted an industry once dominated by hotels and resorts, allowing individuals to open their homes and residential properties to travelers. The boom in short-term rentals has created new opportunities for investors who want to buy income-generating property. Nightly, weekly, and monthly rentals appeal to business and leisure travelers. […]
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Posted on: September 28, 2023
The management of one of the world's most valuable art collections has now been passed to Paloma Ruiz Picasso, the last of Pablo Picasso's four children.
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Posted on: September 27, 2023
Estate planning is critical to securing your financial legacy and ensuring that your wishes are honored after your passing. However, a rigid or overly detailed estate plan can lead to unintended consequences. A case in point is the ongoing saga of the Barnes Foundation, as highlighted in a recent Forbes article. In this blog post, […]
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Posted on: September 26, 2023
In order to maximize your Social Security benefit, you first need to understand the four elements that factor into your payout. A little-known Social Security clause can be a silver lining for select baby boomers who regret claiming benefits early.
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Posted on: September 25, 2023
Life insurance is often put into two groups. You’ve got term life insurance, which has no cash value unless you pass. Or you’ve got whole life insurance, which has a cash value, but you’ve got to keep paying those premiums for life. There’s another type of life insurance that you can consider that offers funding flexibility and a cash-value component — universal life insurance.
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Posted on: September 24, 2023
In my decades of experience as an estate planning attorney, I've seen firsthand the emotional and financial turmoil that families go through when a loved one passes away without a proper estate plan. Dividing assets becomes not just a legal endeavor but an emotional battleground. This is why I cannot stress enough the importance of […]
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Posted on: September 21, 2023
Tori Spelling’s ex-husband, Charlie Shanian, recently spoke to the Daily Mail about her reaction to her late father, Aaron Spelling, leaving his entire fortune to her mom, Candy Spelling. Page Six’s recent article entitled, “Tori Spelling’s ex-husband claims she cried when dad left fortune to mom Candy: ‘She was so upset’,” reports that Shanian, a screenwriter who was married to Tori from 2004 to 2006, said that the 50-year-old actress discovered before Aaron’s death and was “so upset” by the inheritance news that she started “crying.” Shanian explained, “From what I understand … his hope was that it would bring…
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Posted on: September 20, 2023
Life is unpredictable. At least some uncertainties and concerns can be addressed with a good estate plan that offers a wide range of benefits intended to protect one’s well-being and family’s wealth.
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Posted on: September 19, 2023
An unprecedented rush to relinquish wealth is underway, and it isn’t just for billionaires.
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