Year: 2016
Government recommendations may fix retirement but larger tax bills may loom. A bipartisan commission has come up with some proposals that may ease the problems of retirement but that fix may not be easy, according to Bloomberg in “High Earners Are Going to Hate These Retirement Proposals.” Since not everyone plans for a comfortable retirement, […]
Children of Martin Luther King likely headed to court after mediation fails. Two surviving sons and surviving daughter of Martin Luther King are unable to agree on the handling of the estate and may go to trial, according to a Fox News article “Family feud over Martin Luther King’s Bible, Nobel Prize moves closer to […]
Fans of Prince may hear unreleased recordings sooner rather than later. Trustees of Prince’s estate may need to come up with some cash fast, according to a People report “Taxes Could Wipe Out Half of Prince’s $250 Million Estate and Force Early Sale of His Unreleased Songs, Trustee Says.” Because the musician did not have […]
Death is inevitable and an estate plan can be helpful to those left behind. Realizing that death and dying is inevitable can be the beginning of recognizing that an estate plan is helpful, according to Forbes which recently offered some advice in “What Every Estate Planning Lawyer Wants You To Know About Death And Dying.” […]
Keeping careful watch over expenditures could help prevent abuse. Unscrupulous people can take financial advantage of the elderly but a Wall Street Journal article discusses a way to help with this situation in “When Aging Parents Need Help With Financial Tasks.” One of the ways financial abuse of the elderly happens is that an older […]
Looking for and identifying the signs of abuse of the elderly. The Washington Post recently discussed the financial exploitation of the elderly in the column “Could caregiving be just a means to the money?“. A woman wrote the newspaper to ask about her sister who was taking care of their elderly father. The sister was […]
Looking into the legal concepts of abuse of the elderly. The elderly are often the target of abuse in the U.S. as the Huffington Post recently discussed in its article on undue influence in “Undue Influence and Financial Exploitation.” With an estimated 2 million elderly people financially abused in the U.S. every year, the cost […]
Billionaire Bruce Wasserstein passed away in 2009 and his estate is still under dispute. The Daily Mail recently detailed the long, drawn out estate battle following the death of billionaire Bruce Wasserstein in “How Bruce Wasserstein ‘encouraged his mistress to get pregnant through IVF, dumped her on bedrest and was in bed with another woman […]
An estate sale can sometimes be the answer to dealing with “stuff” but it can be emotionally draining. WCPO Cincinnati recently published an article on dealing with the emotional difficulties of holding an estate sale in “4 tips for dealing with the emotional side of estate sale planning.” Dealing with all of the items that […]
Another step follows execution of an estate plan. Creating an estate plan is a key step in the process but keeping track of assets is crucial as discussed in the Daily Local News article “Colliton: Retitling assets can change the estate plan.” After getting your estate plan, you need to take a close look at […]
