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 20, 2015 | Elder Law, Estate Planning, Estates, Inheritance, Living Trust, Probate, Trusts, Wills |
“I’m a caregiving expert, with more than 30 years of experience in the field of aging, so you’d think I’d be fully prepared for a loved one’s death, especially when that person is older or has been battling illness. Yet even for me, death caught me by surprise.” There...
by Christine | Apr 15, 2015 | Asset Protection, Charitable Giving, Charitable Planning, Estate Planning, Estate Tax, Estates, Living Trust, Probate, Tax Planning, Trusts |
Lifetime gifts may carry considerable advantages over charitable bequests, according to Atlantic Trust, the U.S. private wealth management division of CIBC (NYSE: CM) (TSX: CM). Lifetime gifting allows you to see your donation make a difference. In addition to this...
by Christine | Apr 14, 2015 | Asset Protection, Elder Law, Estate Planning, Estate Tax, Estates, Living Trust, Probate, Trusts, Widow, Wills |
As Mary Todd Lincoln’s character in “The Widow Lincoln” faces dozens of unpaid bills for home furnishings, clothes and jewelry, she asks, “How will I ever pay these debts? I am nothing. I am no one.” On top of moving out of the White House, mothering her sons and...
by Christine | Apr 10, 2015 | Asset Protection, Elder Law, Estate Planning, Incapacity, Inheritance, Living Trust, Probate, Trusts, Wills |
In part due to questions about his true intentions as expressed in his will and trust, Brando’s estate was involved in more than two dozens lawsuits by 2009 — five years after his death. He passed away on July 1, 2004, at 80 years of age, suffering from a host of...
