Category: Estate Planning
With the holiday season on the horizon, the end of year financial season has arrived. It’s time to deal with money issues relating to income tax planning, charitable giving and scams and the annual check up on family finances. There is not too much in the way of tax drama in the final weeks of […]
With every state seeking additional revenue and every candidate seeking additional votes, estate taxes have become part of many politicians’ platforms. Most of us pay more attention to estate taxes on the federal level, but estate taxes on the state and federal level have changed a lot in recent years. Not everyone is clear on […]
Another celebrity situation that points to an important lesson: until a divorce is final, you are still married. For Lamar Odom and Khloe Kardashian, still being legally married in Nevada means that Khloe is legally permitted to make medical decisions for the former NBA player, who has an address in Henderson, Nevada. They signed off […]
If you are a member of a couple, whether you are married, living together or have some creative arrangement, if your lives and finances are intertwined, there are money and estate planning matters that should be dealt with sensibly and fairly. The biggest mistake most couples make is not planning and not discussing their financial […]
It is impossible to know how events will play out, both on a grand scale and in small and unexpected ways. Last minute decisions, like those of the rock musicians who won seats in bets and then were killed in the Buddy Holly plane crash in 1959, are often said to be a function of […]
The Duchess of Medina Sidonia was clearly not centered around her children. She feuded with them while she was alive and tried to prevent them from receiving any portion of the family archives and legacy. The children have now turned to the Spanish courts in the hopes that a right of inheritance in Spanish law […]
We guess it had to happen. With the incredible popularity of tattoos has now come a means of allowing individuals who love their skin art to leave their tattoos behind after they pass. Expect this new service to evoke a fair amount of stomach churning for those who are not fans. The rise of tattooing […]
When the Queen speaks, people listen. In this case, a dispute over a title has led to Queen Elizabeth II asking England’s highest court to determine if DNA evidence may be used to clarify lineage. An unpleasant side effect may be that she is not the rightful heir to the throne. While we in the […]
Collectors of fine art are advised not to think of their collections as investments, but collectors cannot ignore the value of their art portfolio, nor should they fail to consider what will happen to the artwork when they are not around to appreciate it. And as the art portfolio grows in value, whether through acquisitions […]
There are tax breaks to be had while you are living and those that can benefit your heirs after you have passed. Knowing which ones work at what time is key to help mitigate tax liability. While you are living, giving appreciated assets held in a taxable account is a good way to go. When […]
