According to a Bankrate.com poll, 36% of Americans of all ages have not begun saving for retirement—including a rather shocking 25%+ of the 50-64 year-olds surveyed. Of course there are many uncontrollable reasons why people are financially unprepared—losing their job to the recession, an obsolete skill set, disability or runaway medical expenses.
Read More »The President’s Budget and Your Estate Plan
If you have an estate plan, it is very important that you monitor the progress of President Obama’s latest budget. It could have major implications for your plan.
Read More »Tom Brady Versus the Gift Tax
It 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.
Read More »Inheritance Stolen after Social Media Posts Made about It
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.
Read More »Estate Planning for Widows
Anytime 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.
Read More »What You Need “To-Do” with Your Estate Plan
Now that January has passed and you have hopefully gotten your beginning of the year business done, it is time to turn your attention to your estate plan and make sure that it is up to date.
Read More »Help Wanted: Daughter to Inherit Fortune
Most 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.
Read More »Turning Yourself into a Diamond
Everyone 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.
Read More »Did a New York Woman Scam Her Own Daughter’s Inheritance?
Sometimes 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 […]
Read More »Fight over Robin Williams’ Estate
In 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.
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