Life insurance is commonly seen as a way to provide for your loved ones after you’re gone. However, like an IRA or mutual fund, it can also be a valuable financial tool to use during your lifetime. When structured properly, life insurance can offer both protection and growth, helping you reach your investment and lifestyle
New York estate settlement often involves many different issues and concerns. In the first instance, after a person’s death, there is a need for the appointment of an executor or administrator. The procedure which needs to be followed in the Surrogate’s Court is determined by whether a decedent had a Last Will and Testament.
The Jones family has owned the house at 703 Emerson Street NE in Washington, D.C. since the 1950s. Elsie Andrews, who grew up in the house, inherited it from her parents, William and Sarah Jones, after they passed away in…
The article discusses the impact of IRS Chief Counsel Advice Memorandum 202352018 (CCA) on the practice of trust decanting in estate planning. Trust decanting involves transferring assets from one trust to another, but the CCA has caused concern among practitioners…
I ask this question and it’s personal to me… Do you have to change a California Scholarshare 529 account after the death of an owner?
Let’s talk through the mechanics of the situation and how it SHOULD operate first.
Let’s hypothetically say a grandma puts aside money for each of two grandchildren when they are
Axios, a news service that has an investing newsletter, created an article on the trends with ethical investing, oil prices and car sharing. Ethical Investing’s Promise: Investing in companies that rank highly on moral criteria could yield strong financial returns….
In the Matter of 1979 Inter Vivos Tr. of Alfred & Mary Sanzari, Grantors, Dated June 1, 1979, No. A-3612-21, 2024 WL 3249366, (N.J. Super. Ct. App. Div. July 1, 2024)
This case involved a dispute over the inclusion of Carl Sanzari (“Carl”), an adopted adult, as the beneficiary of two inter vivos trusts created
Finding a nursing home for yourself or a parent can be daunting. Many facilities are understaffed and the worker shortages have gotten worse since the start of the pandemic. KFF Health News senior correspondent Jordan Rau shares tips about finding…
It seems implausible that I would ask the question of the relationship between Donald Sterling and the sale of Los Angeles Clippers and the California probate code. However, I have reason to do so!
As far as I know Donald Sterling and his wife, Shelly, are still alive and well. According to a quick internet
A man took to Reddit to share his experience following the death of his wife from ovarian cancer. His wife, a corporate lawyer, had left instructions for her clothes to be donated to a women’s shelter she supported. During her…
