Trump has transferred 71 properties—primarily condo units in a handful of buildings—into his personal trust. He promised that the trust would be run by his
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The Worst Estate Planning Mistakes by Celebs in 2016
A wealthmanagement.com article, “Top Four Estate Disputes of 2016,” gives us a sampling of some of the major estate planning issues among the recently passed
Farm and Ranch Families May Get Help with New Legislation
Proposed estate tax repeal legislation has been introduced in Congress that would assist farm and ranch families with the challenges of passing their family businesses
The Time for Estate Planning is now
The (Dodge City, KS) High Plains Journal, in “Estate planning is for everyone,” notes that people spend a lifetime working and building an estate to
Jazz Owner Uses Legacy Trust to Keep Basketball Club in the Family
The ownership of the NBA franchise, the Utah Jazz, along with its home, the Vivint SmartHome Arena, has been transferred from owner Gail Miller to
It’s Okay, an Intentionally Defective Grantor Trust is Legal
Don’t worry; this is a totally legal and valid trust. The “defective” part only describes the fact that it’s not valid for income tax shifting
Mary Tyler Moore’s Money Savvy Results in Big Contributions to Her Favorite Charities
When actress Mary Tyler Moore was told she had diabetes, her doctors gave her a 50-50 shot at living another 35 years. A recent Trust
ABLE Act a Big Break for the Disabled
The Achieving a Better Life Experience, or ABLE ACT, was passed by Congress in 2014 and lets individuals with disabilities establish special tax-advantage accounts to
No Estate Planning Means Prince’s Estate Hit with 50% Tax
Prince’s estate has just a few days left to file an estate tax payment, and the taxes are expected to ultimately take nearly half the
The Fine Print about Reverse Mortgages
A reverse mortgage is a mortgage you can take out when you’re 62 years or older. This plan lets you stay in your home as
Estate Planning for Those Who Will Live to Be Over 100
With advances in medical technology, it’s increasingly possible to live a long and active life. Experts in longevity planning use advanced medical testing to create
If it is So Important, Why Doesn’t Everyone Make a Will?
No one likes to plan for his or her death, but it’ll happen to all of us, says The Reading Eagle Business Weekly in the