
Estate of Richard Simmons: Why Having Co-Trustees Can Be a Mistake
Fitness icon Richard Simmons, known for his flamboyant personality, high energy, and trademark attire, passed away in July 2024 following a fall at his Los

Fitness icon Richard Simmons, known for his flamboyant personality, high energy, and trademark attire, passed away in July 2024 following a fall at his Los

Gloria Vanderbilt: No Trust Fund Kids for Her We are at the precipice of what is being called “The Greatest Wealth Transfer in History,” as

Article provided by WealthCounsel; Content edited and modified by Bennie A. Wall, Esq. Estate planning attorneys and estate administration attorneys fulfill vital, yet distinct, roles

If you have already done your estate planning, you have taken a significant step toward ensuring that your loved ones will know how to manage

Like a lot of estate planning vehicles, irrevocable trusts work very well for some purposes—particularly for tax avoidance and asset protection—and not so well for other purposes.

There are several myths about how estates must be distributed that can lead to lots of worry about what will happen to a “wild child” in the future and stress about family dynamics.

One of the biggest wealth transfers our nation has ever seen is about to take place. Over the next 25 years, as much as $68 trillion of wealth will be passed to succeeding generations.

Making plans for your money and property after you pass away is not the most exciting thing to do. It involves thinking about situations that

Personal property is a unique category of asset. Even in the simplest after-death distribution, personal property can become a hindrance to final distribution. There are a couple of reasons why.

Retired Pope Benedict XVI has declined the inheritance of his brother Georg, who died in July, reported the German Catholic news agency KNA.