"3 Reasons Why Creating a Will Isn't Enough" by Attorney Jon J. Gasior … [Read more...] about 3 Reasons Why Creating a Will Isn’t Enough (Audio)
When David David Bowie passed away from cancer on January 10, 2016, we lost an icon whom had far-reaching effects into the world of music and culture. However, we gained some valuable lessons from his profound business and estate planning. After David Bowie married his second wife, supermodel Iman, he moved to New York and strategically planned out his financial legacy. Although he had … [Read more...] about David Bowie – His Legacy Behind the Music
For many young adults, the consequences of not having an estate plan in place can be dire. Estate planning is not only tax and probate avoidance, but it is planning for lifetime and incapacity as well. One tragic case that many people are familiar with is that of Terry Schiavo. Terry Schiavo was a persistent vegetative state for 15 years. During the course of that 15 years, her husband … [Read more...] about Is Estate Planning Important for Young Adults?
Recent headline news reported that actor Philip Seymour Hoffman left his entire estate to his girlfriend and nothing to his three young children, therefore disinheriting them. It is reported that he did not want to create “trust fund kids”, or kids that live off a trust and never have to earn a living for themselves. Through Mr. Hoffman’s planning, there is no provision for financial support … [Read more...] about Family Incentive Trust is Alternative to Disinheriting
Many people ask what is involved when there is a probate estate. Probate is the process of gathering and distributing a person's assets after death. If the individual died with a will, the will must be filed with the Register of Wills. Property owned by the decedent must be inventoried and appraised. Only assets owned solely in the decedent's name, as well as property owned jointly as tenants … [Read more...] about “What is Probate?” by Attorney Brooke Shemer
"What is Probate" by Attorney Brooke J. Shemer … [Read more...] about “What is Probate?” (Audio)