Don’t disinherit your furry family members! 70% of us have pets. Why then, do less than 5% have legal protections in place to ensure a smooth transition in the event of death, illness or divorce? Take a minute to develop a short and long term plan for your pets as
What is a Life Estate and Why Should we Avoid Them? I hope it is a given, that we should not own real estate in our individual names. Some thoughtful legal planning will enable our beneficiaries to avoid probate and protect the value of the home from Taxes, Long Term
Can’t wait to share the news about your new romance? My advice is to share your happy news with a supportive friend. Based on my work with over 15,000 families, I can tell you that your adult children will likely be less than thrilled with the news! A common objection to a parent’s remarriage is
If you have children or grandchildren under 18- A LOT At one time, the most famous actor in the U.S., Jackie Coogan expected to receive his riches upon reaching adulthood. Instead, he learned that his high-living parents had spent every cent! Outraged legislators across the country scrambled to enact laws to keep parents away from
James Brown’s nearly 15-year long estate battle has ended in a settlement. The estate plan utterly failed to anticipate foreseeable family battle lines. Sadly, a simple will rarely begets a simple outcome. When it comes to estate planning: One Size Does Not fit All!
Its High School Graduation season! Though probably not on your favorite 18 year old’s wish list, what they really need are some legal documents. Once a child turns 18, parents can no longer automatically make their health care decisions. All 18 year olds need to create a Health Care Proxy. Newly minted adults also need
Love May be Lovelier- but it is also a Whole Lot More Complicated the Second Time Around Ben Affleck and Jennifer Lopez appear to be giving Love another try. They are not alone. Record numbers of us spent some lockdown time searching for and connecting with old flames online. With our lockdown partners showing the
Q . Why does Melinda Gates have Trusts and Estates Attorneys on her Divorce Legal Team? A. Because she is smart! When relationships change, so should our estate and asset protection planning. Here’s why: 1. We should ask our soon to be Ex to make trusts for the benefit of adult children, to ensure that
One of the most reported on aspects of the Bill and Melinda Gates Divorce announcement, is that the couple did NOT have a PreNup. At the time of their marriage in 1994, PreNups were VERY uncommon. Today, that is changing. Should you consider a PreNup? The answer is probably yes! TEST YOUR Pre-Nup IQ 1.
It seems that television legend, Larry King, who reportedly left a $50Million estate when he died last month, handwrote his own will. Q. LK was survived by 3 children and his estranged 7th wife. Who stands to inherit this fortune? A. The 2019 handwritten will sought to leave everything, in equal shares to Kingâ€™s children.