Year: 2015
A lawsuit has been filed by 16 of the victim’s families from the Sandy Hook Elementary School shootings against the shooter’s mother. There are many other lawsuits, but this one may be settled soon, pending a judge’s approval of a proposed settlement. Before going to the Sandy Hook Elementary School, where he would senselessly slaughter […]
For most people, turning down a million dollar inheritance seems crazy – but if you are already wealthy, turning down certain inheritances makes sense. When done correctly, turning down an inherited IRA can avoid increased tax liabilities. You’ll need expert guidance to handle this properly. Large IRAs present certain challenges to heirs. Currently, the beneficiary’s […]
Declaring individuals dead has been made a digital, online task, like so many other time consuming yet important tasks. But hackers declaring a person officially deceased can wreak havoc on those who are not dead – and their estate plans. When 200 live patients in an Australian hospital were suddenly and mysteriously declared dead last […]
Law students at The University of Nebraska’s College of Law are helping military veterans with estate planning in a special clinic that gives the veterans help with wills and other documents while giving law students practical experience. More than fourteen veterans have received free counseling, and it is hoped that the Veterans Advanced Directive Clinic […]
Among the many benefits of having a well-designed estate plan is making the process of administering your estate much less of a burden on your heirs and maximizing assets that can be passed to subsequent generations. Another benefit to be valued – privacy. Estate planning can help your estate avoid probate, the legal process of […]
You are working hard in your pre-retirement years to max out your retirement funds. And while your money should always work, when you do retire your money is going to need to work even harder. It’s time for you to demand more from your money! If you think of your money as a partner in […]
Helping a loved one when they are not able to care for themselves, whether because they are ill or frail due to advancing age, is a challenging task. Oftentimes an adult child is tasked with communicating with doctors, managing a parent’s healthcare and their finances as well. It is a difficult task, but there are […]
The tragic and untimely death of Whitney Houston’s daughter Bobbi Kristina Brown holds a number of lessons in estate planning that are applicable for parents and young adults. Because of laws that control information and decisions with regard to medical treatment, it is imperative that anyone over 18 have written advance medical directives in place. […]
Nearly two-thirds of all Americans have a robust social media life, as well as an average of 25 online accounts, including social networking accounts, banking and financial accounts, according to a Microsoft study conducted in 2007. By now, those numbers may have increased. These digital accounts are now considered personal assets, and figuring out how […]
Ernie Banks, known as “Mr. Cub” had been diagnosed with dementia just days before he signed a will leaving his small estate to a caregiver, charges his estranged wife. Seems like she isn’t done with him yet. In a case for resolving marital disputes sooner rather than later, the battle between Ernie Banks and his […]
