Your family can start the next school year with a current estate plan.
If you are one of the many Americans without an up to date estate plan, why not make this the summer to change that? Why would you do this in the summer? Isn’t summer about travel…Read More
Putting your affairs in order for retirement is a perfect reason to have a living or revocable trust. The ideas in this post also work if you have been diagnosed with an illness that will weaken your mind or body. Either way, taking these steps will simplify your financial life…Read More
If you:
you don’t need a living or revocable trust.
This advice may be different than what you’ve read elsewhere on the internet….Read More
As I’m starting out the new year, I want to give a shout out to my friend and coach, Stacey Vicari. Stacey’s business and life consulting practice, Ideal Life, has been invaluable for me to keep on track. (I’m certainly not saying I don’t have work to do, but Stacey is the voice…Read More
I’m happy to announce that I was elected chair of the Kentucky Bar Association’s Probate & Trust Section for the 2016-2017 year. I look forward to working with the section’s many members and continuing the long tradition of excellent presentations. Look for more news in the near future.
For an article about some of the difficulties that will be associated with Prince’s estate administration, see this Slate article.
News reports have surfaced that Prince died without a will. I don’t want to say too much too soon but here’s an interesting question. Prince had some very particular ideas about how to manage his artistic repertoire. A will or trust would have provided an opportunity for him to…Read More
The Estate of Sarah D. Holliday Tax Court case mentioned briefly last month was a win for the IRS but hasn’t generated much buzz in the estate planning community. Essentially, the Tax Court held that the late Ms. Holliday’s family limited partnership was nothing more than an estate…Read More
The IRS must have been celebrating more than St. Patrick’s Day yesterday. The Tax Court gave it a rare victory and held that a family limited partnership had not been formed for any non-tax reasons and hadn’t been operated with the necessary business formalities. The case hails from…Read More
See the latest issue of Attorney at Law magazine for Jim Worthington’s article about digital assets.