Category Archives: Estate Planning

A controversial decision by author Harper Lee’s estate has many people wondering if ‘To Kill a Mockingbird’ will continue to be assigned reading in school. Reading Harper Lee’s anti-segregation novel To Kill a Mockingbird has become something of an American rite of passage. It is one of the most commonly assigned books in schools. Many […]

Americans are familiar with prenuptial agreements that detail how a couple's property will be divided in the event of a divorce or death. In most states spouses can reach similar agreements after they get married. The Wall Street Journal reports that the use of postnuptial agreements is increasing in "Why Postnuptial Agreements Are on the […]

Muammar Gaddafi's son might have stolen money from the Libyan government and stashed it in a foreign bank. The new Libyan government would like it back, but questions over the legitimacy of the new government make that difficult. Muammar Gaddafi's son opened a bank account in Malta in 2002 and by the time the son was killed […]

The idea of freezing a person's brain and bringing it back to life years in the future, when science is advanced enough to do so, has long fascinated science fiction fans and even led to some people having their heads frozen after they pass away.  Scientists might be one step closer to making it a […]

The family life and drama of Sumner Redstone is currently being played out in the media and on Wall Street. It is not the first time that a self-made billionaire's personal life has made the news and harmed his business when the founder gets old, so it would be wise to pay attention to the […]

A recent study on the differences in charitable giving between the self-made wealthy and those that inherit wealth could have estate planning implications. A few years ago Bill Gates proclaimed that the first-generation wealthy are more generous to charities than the dynastic wealthy. In other words, those who made the fortune give more than those […]

One of the best times to review your estate plan or to get one, if you do not already have one, is when you are doing your yearly taxes. Even if you have the assistance of an accountant, filing your income tax return can be a time-consuming and frustrating process. Most people want to get […]

If the best candidate to appoint as the executor of your estate lives in a different state than you, it is possible to designate him or her. However, there are some drawbacks in doing so that need to be considered. The executor of your estate should be someone trustworthy who has financial acumen and who […]

If you are named as the executor of an estate, you might feel honored by the appointment. That honor can turn to horror if you make a mistake that subjects you to personal liability. Being the executor of an estate sounds a lot easier than it really is. The executor has to figure out what […]

Traditional funerals overseen by a funeral director in a funeral home can be very expensive. Many are choosing the even older option of having home funerals. Having a mortician embalm the remains of the deceased and having a funeral director oversee a public mourning now seem like the traditional ways of burying the dead in […]