Posted on: August 31, 2023
The unexpected death of comedy icon Robin Williams in 2014 set off an explosive battle over his $50 million estate.
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Posted on: August 30, 2023
There are better—and often more creative—ways to plan and divide that can avoid family squabbles over cars, jewelry, furniture and household items.
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Posted on: August 29, 2023
Consider These Things First Your retirement account may be one of the most valuable things you own. Many consider naming their children as the beneficiaries of these accounts because they think it is a way of efficiently transferring their wealth if something happens to them. However, some factors make this type of transfer more complicated […]
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Posted on: August 28, 2023
When creating a trust, it is common to name yourself as the initial trustee responsible for administering it. However, when considering who will take over when you can no longer act (either because of illness or death), it is sometimes helpful to divide the responsibilities between two or more successor trustees. For example, you may […]
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Posted on: August 27, 2023
A deed is a legal document that transfers real property ownership rights from one person or entity (the grantor) to another (the grantee). In many cases, this transfer occurs because the property is sold, with the seller transferring the property to the buyer. Typically, a deed is recorded with the local county recorder of deeds. […]
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Posted on: August 24, 2023
Sometimes it might take an IDGT, or intentionally defective grantor trust, to preserve generational wealth. But how does that work?
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Posted on: August 23, 2023
Contracts are the foundation of modern business relationships. Contract law as we know it today originated in English common law, but contracts have been around since ancient times. Many of the earliest examples of contracts in history have the same characteristics—offer, acceptance, and consideration—that we currently recognize as essential parts of every legally binding contract. […]
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Posted on: August 22, 2023
As the need for affordable legal services becomes even more critical today, opting for group legal insurance offered through your workplace benefits is expected. These group insurance plans provide free legal assistance for various law firms contracted with the insurance company to provide the legal work. Can you rely on legal insurance to protect your […]
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Posted on: August 21, 2023
A benefit of working hard is sharing the fruits of your labor with your loved ones. However, gift or estate tax consequences may impact high-net-worth clients when they share their wealth. By crafting a comprehensive estate plan, we can address these concerns and protect high-net-worth clients and their loved ones. The following three types of […]
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