Tom Brady Versus the Gift Tax

ZV2MRD6LQXIt seems like famous athletes are winning something all time. These men and women are often already extremely wealthy, yet they often win prizes for their achievements beyond their salaries. Rest assured there are tax consequences for them. (more…)

Inheritance Stolen after Social Media Posts Made about It

Wi9yf7kTQxCNeY72cCY6_Images of Jenny Lace Plasticity Publish (4 of 25)While many people prefer to keep their financial affairs private, there are others who have no problem letting the entire world know about them. One young man in Philadelphia is learning the hard way that it is not a good idea to let the world know about your inheritance on social media. (more…)

Estate Planning for Widows

MP900438729Anytime someone loses a spouse, it is important that the surviving spouse’s estate plan be revisited. As it turns out, widows often need something different than widowers. (more…)

Help Wanted: Daughter to Inherit Fortune

0DU466L58GMost people who do not have children to inherit their wealth give it to other relatives or charity. However, one woman in China has a different idea. She is advertising for someone to be her daughter. (more…)

Turning Yourself into a Diamond

Diamond-123338_640Everyone knows that estate plans are primarily about your assets or your minor children, if you have any. Recently, however, some companies are asking people to make unusual decisions about what will happen to their remains as part of their estate plans. (more…)

Did a New York Woman Scam Her Own Daughter’s Inheritance?

MP900402619Sometimes people think that it takes a lot of wealth for problems to arise within families over estates. However, what is a lot for any particular family is relative. People who do not have much wealth will fight over far less money than those who do as is seen in a recent case in New York. (more…)

Fight over Robin Williams’ Estate

253483_1280x720In the immediate aftermath of Robin Williams’ death it appeared that his estate had been well-planned and no arguments over it were expected. However, it now seems that a battle is brewing in court. (more…)

Planning to Pass on the Family Business

MP900448494If you own a family business, then planning what will happen to that business after you pass away is an important part of planning for your estate. Fortunately, with careful planning it does not have to be a difficult process. (more…)