9 Tips to Consider When Drawing Up Your Power of Attorney
A Power of Attorney (POA) gives another person the authority to act on your behalf when it comes to your legal and financial matters. Speaking with an estate planning attorney is highly advisable when putting together your POA, but as you ponder who you want to give control of your... »
Is Your Durable Power of Attorney Good Enough for Your Bank?
You did the right thing. You made sure you had the 3 essentials: a will, a durable power of attorney, and a health proxy. You had them all notarized. That means you have taken care of your family, right? Not necessarily. Many financial institutions--whether national, regional or local--require account holders to... »
Custody of Pets: What Does the Law Say?
In a country where two-thirds of households own a pet and two out of five marriages fail,  who gets custody of a shared pet is a common issue. Surprisingly, the law has very little to say on the matter.  Legally, pets are viewed as property, despite the fact they don't really... »
93-Year-Old Viacom Mogul Sumner Redstone Changes Up His Trust
Sumner Redstone, the controlling shareholder in both Viacom and CBS, removed Viacom CEO Philippe Dauman and board member George Abrams from his trust, appointing his lawyer and a family friend to replace them. He also removed the two Viacom execs from their directorships of National Amusements, his holding company,... »
Spend Your Retirement on Billionaire’s Row
Entrepreneurs have been targeting the buying power of the Baby Boomer generation for decades, and now that’s taking the form of luxury assisted living. Retirement communities are becoming more like high-end hotels, with spa services, fine dining, and progressive programs that allow for prolonged independence. Hines and Welltower—an international real... »
Prince Dies Without a Will
Tyka Nelson, Prince’s sister, claims that the artist died with no will in place, and for the time being judges have confirmed that. This means that Minnesota probate court will appoint a personal representative to determine the distribution of his assets based on statues and federal tax code, and... »
“Songs About Us”: A Teaching Tool for Young Adults with Special Needs
Muzic School is a new record label dedicated to empowering children with Autism and special needs through the concept of Edutainment. Their first album, Songs About Us, is a compilation of social stories set to song. Commonly practiced ideas, lessons, tasks and goals are communicated to developmentally delayed young... »
A Sack Lunch for Soldiers
I recently received this heart-warming story about a kind soul who supported our troops. Please pass along the spirit of giving this holiday season! I put my carry-on in the luggage compartment and sat down in my assigned seat. It was going to be a long flight. 'I'm glad I have... »
How Your iPhone Can Save Your Life
If you use a passcode for your phone, your emergency contacts--or any contacts for that matter--are locked, meaning if you're incapacitated your phone cannot be used to identify and contact friends or family. To solve this problem, Apple incorporate Medical ID into its health app. It allows you not only... »
Robin Williams' Estate Finally Settled After Family Feud
You may recall reading our post last year lauding how Robin Williams protected his family by minimizing estate taxes using real estate holding trusts and providing for his adult children through trusts. Unfortunately, his planning still did not allay a family feud. His estimated $100 million estate was to be inherited... »
1 3 4 5 6 7 14