Advantages of Trusts
Trusts are used for many purposes, including dividing ownership of property. Trustees are the legal owner and may control the property, and the beneficiary [...]
Sixty Percent of Americans Have No Will
Many Americans have not “gotten around” to making a will. However, a will puts you in charge of the distribution of your estate. Also, [...]
Trust and Will Terms Defined
Applicable exclusion amount – Another name for the unified credit that shelters a certain amount from the federal estate and gift tax. By-pass trust – The [...]
When Heirs Hope You Don’t Live Long or Prosper
The former Star Trek beauty, Nichelle Nichols is in the throws of a complicated conservatorship. Lieutenant Uhura's son Klingy Kyle claims Mom is [...]
Jay-Z’s Billon Dollar Empire may have New Heir
Rapper and billionaire Jay-Z may be facing a paternity lawsuit from alleged love child Rymir Satterthwaite. As part of the litigation process, Jay-Z may [...]
Decanting a Trust
Decanting a trust is the act of distributing assets from an old, irrevocable trust to a new one with more favorable terms. There are [...]