Tag: Estate Planning
Smartphones sure make lives a lot easier (and, arguably, busier). With a few taps of a screen, individuals can do everything from checking the weather to buying stock to engaging in FaceTime across the world. One individual in Australia recently came up with another innovative use for his smartphone. He used it to prepare his […]
Visitors, mostly aged 50-plus, enter the center’s cool, dimly lit quarters, where they’re invited to help themselves to tea, pastel-colored pastries, gluten-free brownies and a seat within a large circle of chairs. They are not necessarily seeking radiance, wellness or inspiration. They are here to participate in a frank, open-ended discussion about life’s grand finale […]
Representing the only complex thing about it, “Blurred Lines” has long been the subject of a confusing legal tangle between its principal songwriters, Robin Thicke and Pharrell Williams, and the estate of Marvin Gaye. After Gaye’s family threatened legal action, claiming that “Blurred Lines” borrowed heavily from the late singer’s “Got To Give It Up,” […]
As Rivers’ goddaughter Tracie Hotchner told the Daily Mail, “She loved her dogs dearly, and they meant so much to her … dogs have become accepted as such essential family members that providing for them well in life, and after death, is considered quite normal.” Have you made proper plans for the pets in your life in […]
Of course, there’s no shortage of ways in which people can stumble when it comes to making their after-death arrangements. That’s why we rounded up some classic estate planning mistakes that people tend to make, so you’ll know what not to do when it comes to prepping your own estate plan. Probate attorneys continue to see the […]
Bernard Madoff is serving a 150-year term in federal prison in North Carolina. Though sued for millions of dollars, his sons were never charged with complicity in the fraud, or with any other wrongdoing, although they never shed public suspicions that they were involved in their father’s scheme. Will the late Andrew Madoff’s large estate […]
For married couples, the planning rules are fairly straightforward. For unmarried couples, however, whether same-sex or opposite-sex, the issues concerning financial and estate planning are often quite complex, and the rules cumbersome. This article will highlight some key planning strategies that unmarried couples should consider in order to protect both partners. When a married person […]
Rivers would have probably gotten a kick out of the fact that the expenses associated with her funeral are tax deductible for federal estate tax purposes – though as a smart business woman, I suspect she already knew that. Are funeral expenses tax deductible? I wonder if the late Joan Rivers had this in mind […]
This legislation would exempt more than 99.7 percent of Americans from paying any estate tax while ensuring that the wealthiest Americans in our country pay their fair share. Is there another estate tax change around the corner? It’s hard to say what the future holds, but one politician is proposing an estate tax increase. Most […]
Having a say in your own mental healthcare may be very important to you. But what if someday you’re unable to make decisions about your treatment? A psychiatric advance directive (PAD) is a document written while you’re mentally healthy that can speak for you if you become incapacitated by mental illness. Almost everyone who has […]
