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...
by Christine | Apr 9, 2015 | Asset Protection, Estate Planning, Estates, Living Trust, Power of Attorney, Tax Planning, Trusts, Wills |
Dr. Richard Grossman amassed his fortune as the founder of the Grossman Burn Center in Los Angeles, one of the first to use a hyperbaric chamber to prevent infections in burn victims and speed their recovery. He retired from his medical practice in 2013. Lawyers for...
by Christine | Apr 8, 2015 | Asset Protection, Elder Law, Estate Plan, Estate Planning, Incapacity, Living Trust, Power of Attorney, Probate, Trusts, Wills |
Ernie Banks died on January 23rd at age 83 from a heart condition. Interestingly, his death certificate listed dementia as a “significant condition contributing” to his death. Why is that important? Well, three months before he died, Banks signed a new...
by Christine | Apr 6, 2015 | Asset Protection, Divorce, Durable Power of Attorney For Finances, Elder Law, Estate Planning, Estates, Individual Retirement Accounts (IRA), Living Trust, Probate, Trusts, Wills |
Failure to do so — or to alert all relevant parties to the changes — could result in certain assets and benefits unintentionally going to your former spouse or his or her family upon your death. A MarketWatch article, titled “Just divorced? Don’t forget to separate...
by Christine | Apr 3, 2015 | Advanced Health Care Directive, Asset Protection, Durable Power of Attorney For Finances, Elder Law, Estate Planning, Estates, Individual Retirement Accounts (IRA), Living Trust, Probate, Trusts, Wills |
While not all encompassing, these guides serve as a starting point to help your parents. There are many family dynamics at play when these types of planning conversations arise, so you need to be cognizant of patterns and relationships. Starting earlier will reap...
