Year: 2016
Attorney-Client privilege is important in estate planning but there could be exceptions. Attorney-client privilege is one of the key doctrines of our legal system but there are exceptions as explained by the Wills, Trusts & Estates Prof Blog in “Treasure-Hunter’s Documents Might Be in Deep Water.” This doctrine even has an important place in estate […]
The fight is not over to have the Special Needs Trust Fairness Act become law. The Act has won a victory in the Senate and has support in the House, but to make it out of a House subcommittee, supporters need to contact their representatives in Washington and tell them how important this act is. […]
The financial cost of elder abuse has risen 20% over two years. A recent study conducted on elder abuse reveals some alarming figures, according to a report in the Wills, Trusts & Estates Prof Blog “Elder Financial Abuse Is Costing Americans.” The numbers are alarming: 37% of elderly caregivers report that the person under their […]
Prince’s estate files lawsuit against Jay Z As speculation mounts over how Prince’s estate will pay what is expected to be a sizeable estate bill, the estate has begun a legal fight against a rapper’s company, according to TMZ in “Prince to Jay Z No Free Rides in My Little Red Corvette … Record Label […]
Getting remarried late in life can create inheritance problems without a careful look at your estate plan. Remarriage late in life without proper estate planning can quickly cause problems with families and estates, according to New Hampshire Magazine in “Navigating Late-Life Remarriage.” Elder advocates generally consider it a positive event when people find love and […]
It is always a good idea to plan ahead with no exceptions. We all know it will happen to us someday but some attempt to ignore the fact that passing away is a reality. However, don’t let some common estate planning myths fool you as discussed by WSBT 22 in “Special Report: Are you properly […]
It turns out that trusts can behave just like people. Trusts are very similar to individuals in that they pay taxes and can donate to charity. A recent court case contains a warning as Wealth Management discusses in “Tax Court Disallows Trust’s Charitable Deduction for Want of Charitable Intent.” For years the trust in question […]
A holiday dinner could be the right time to begin a conversation about your estate plans. It may be a good idea to let your family know in advance about your estate plans and an upcoming holiday dinner could be the right time to begin, according to The Street in “Thanksgiving Dinner Is a Perfect […]
Digital accounts, pets and many other items are sometimes forgotten when planning for your estate. There are many complicated and important items that an estate planning attorney will bring to your attention during estate planning but sometimes the important, though seemingly small items, do not easily come to the surface, according to the Lake County […]
If you don’t have an estate plan, someone else starts making the decisions. Yet many still wait and wait and wait. People are aware that someone else makes the decisions about your estate if you don’t have an estate plan. About half of Americans put it off and never get around to it, as the […]
