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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 […]
A family fight over an estate can be destructive but a good estate plan can reduce the chances of that battle beginning. It is a fact of life that all fights cannot be avoided but there are steps that can reduce the chances of conflict over an estate, according to the Lodi News-Sentinel in “Avoid […]
While estate planning has many different documents it comes down to two categories. One of the best ways to begin estate planning is to break the process down into two categories, according to the Motley Fool in “The Estate-Planning Documents Everyone Needs.” There are all sorts of different legal documents in estate planning that are […]
There are many opinions on the use of wills and trusts but each has strengths and weaknesses. When you are getting advice on wills and trusts it is best to decide which option is best for you but in order to do that you need to know the differences, according to the Motley Fool in […]
