by Christine | Apr 28, 2015 | Asset Protection, Charitable Remainder Trust, Charitable Trust, Elder Law, Estate Planning, Estates, Inheritance, Living Trust, Probate, Trusts, Wills |
Detroit businessman Dick E. Morand is giving to the causes close to his heart. Morand died in Detroit in 1977 at the age of 87. He was founder and owner of D.E. Machinery Company and was vice president of Addy-Morand Machinery Company. His wife, Helen, died in 1976...
by Christine | Apr 24, 2015 | Asset Protection, Estate Planning, Estates, Individual Retirement Accounts (IRA), Inheritance, Living Trust, Retirement, Retirement Planning, Tax Planning, Trusts, Wills |
In nearly every way you could make a mistake — for example, saving too late — you can also make up ground by availing yourself of all resources at your disposal (say, your employer's 401(k) matching program). With that in mind, here’s a list of 28...
by Christine | Apr 23, 2015 | Asset Protection, Assets, Elder Law, Estate Planning, Family Business, Financial Planning, Inheritance, Living Trust, Living Will, Probate, Tax Planning, Trusts, Wills |
Empire is based on fictitious music company called Empire Enterprises. Lead character Lucious Lyon (played by actor Terrence Howard) is racing to name a successor for his company after learning he has months to live due to an ALS diagnosis. His sons Jamal, Hakeem, and...
by Christine | Apr 22, 2015 | Asset Protection, Debt, Estate Plan, Estate Planning, Estate Tax, Estates, Probate, Taxes, Trusts, Wills |
Anyone can die leaving debt behind. Spouses and families should help prepare or revise estate plans to address current credit issues and create an action plan for the possibility of remaining debt after the borrower dies. If you aren’t sure what to do with a loved...
by Christine | Apr 21, 2015 | Advanced Health Care Directive, Asset Protection, Elder Law, Estate Planning, Estates, Living Trust, Power of Attorney, Probate, Trusts, Wills |
"The mess comes when you don't have proper estate planning," said Robert Nachshin, a family law attorney based in Los Angeles. An important tool in that toolbox is a prenup, which spells out how assets should be split up if the marriage fails or a spouse...
by Christine | Apr 17, 2015 | Asset Protection, Estate Planning, Estate Tax, Estates, Living Trust, Tax Planning, Turnover |
Legislation allowing Mississippians to place their assets in a trust for up to 360 years passed the state House and is now pending before Gov. Phil Bryant. How long should a trust really last? According to the Northeast Mississippi Daily Journal, Mississippi’s House...