Video: What Estate Planning Issues Arise in Second Marriage Scenarios?
Estate planning takes a whole different twist when there is a second marriage, particularly if there are children of a previous marriage involved, and even more so if there are children from the second marriage as... »
Learn About Estate Planning While You Binge Watch This Winter
Poor estate planning is responsible for its fair share of family drama, so it's not surprising that Hollywood has glommed on to it in their pursuit of the next blockbuster. Here are six TV series and movies that illustrate quite clearly (in case we haven't been successful in doing... »
What Constitutes a Valid E-Will?
In order for a will to be valid, it needs to be in writing, be signed by the testator, and be witnessed by at least two people. (Having it notarized is strongly advised.) Up until recently, however, no matter how a will was drawn up, it needed to be... »
Are You Leaving a Legacy of Hate?
As a parent, you want your children to get along. Ideally be close. You want them to be able to rely on and support each other. This doesn't always happen in the childhood years, but more often than not, sibling rivalry and conflict dissipates after kids leave home, and... »
How Much is Gloria Vanderbilt's Estate Really Worth?
Shortly after Gloria Vanderbilt's death in June, news sources speculated her net worth to be around $200 million, but the "massive fortune" turned out to be a fraction of that. Vanderbilt's will stated that her son from her second marriage, Stan Stokowski, would inherit her co-op in Manhattan, valued... »
Infographic: 2019 Survey Shows Only 4 in 10 Americans Have a Will
Some may avoid end-of-life planning due to fear of death, but for the majority of Americans, it's pure, old-fashioned procrastination, like failing to floss. Well-put by estate planning attorney Michael Hackard, “Most Americans will admit that fast food is bad for your health, but according to the Centers for... »
Video: How Should We Store and Locate Our Documents?
Your documents are no good if your beneficiaries can't find them. It's important that you leave behind instructions for your fiduciary to find your documents, and advisable to keep one set with your... »
Aretha Franklin Goes from No Will to Three
Formerly reported to have left no will for her $80 million estate, upon cleaning out the Queen of Soul's house, not one but three wills were found, and all were almost undeciferably handwritten. One will dated June 21, 2010 and another dated October 20, 2010 were found in a... »
Tom Petty's Daughters Claim Deprivation of Their Rightful Assets
When Tom Petty died on October 2, 2017, two weeks before his 67th birthday, he left a trust, Petty Unlimited LLC. It was set up to equally divide his assets between his two daughters, Adria Petty and Annakim Violette Petty, and his widow, Dana York Petty. So what's the... »
The Importance of Life Insurance: 3 True Stories
Life insurance is not one of those things you can go back and get after the fact—and you may be surprised to learn that the “fact” isn’t always death. Here are three true stories about the importance of not delaying your purchase of life insurance.   Life Insurance Premiums Increase with... »
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