You don’t have to be a famous producer or household name to own intellectual property. If you create music, own…
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There is no shortage of advice flying around about estate planning, much of it from people who aren't even lawyers. Get insight on the popular pitfalls and how emerging economic shifts like cryptocurrency can affect your plan.
Supreme Court Decision Makes Inherited IRAs Fair Game in Bankruptcy
A recent U.S. Supreme Court decision has changed the way inherited IRAs are viewed when it comes to bankruptcy, and calls for those who inherit these retirement account assets to find new ways to protect that inheritance. In Clark v.…
How to Create a Lifetime of Care for a Special Needs Child
Parents of children with special needs usually share one overriding concern: what will happen to my child after I’m gone? They also struggle with guilt for what they envision as an eventual destiny for their other children who might assume…
Hollywood Legend Lauren Bacall Leaves Large Estate and Two Potentially Large Headaches for Heirs
Legendary Hollywood actress Lauren Bacall died on August 12, 2014, leaving behind an estate estimated at $26.6 million and three children who face a couple of potentially serious problems that could have been avoided through effective estate planning. Bacall, who…
7 Things To Think About Before Making Gifts to Grandchildren
If you have grandchildren – or are getting ready to welcome one like political power couple Bill and Hillary Clinton – you know the special joy they bring. After all, you can now leave all the heavy lifting to the…
The 4 Key Life Skills Your Children Need to Have Before They Inherit
Inherited wealth need not be “an albatross around the neck of the children” as Sting so succinctly put it recently when asked if he was leaving his wealth to his children. His children will not see much of his millions,…
How to Prepare Your Heirs to Receive, Protect and Grow Their Inheritance
When we think of vast family wealth, most of us know the name Cornelius Vanderbilt, the railroad and shipping scion of one of the richest families in America in the 19th century. When he died in 1877, he left a…
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