Truly Scary Stories Due To Lack of Planning

Truly Scary Stories Due To Lack of Planning

A few first-hand stories about some of the negative consequences caused by a lack of planning (negative consequences that don’t necessarily revolve around money). As the article succinctly states, “there’s no drama in the universe like death drama.”...
Celebrity Estate Planning

Celebrity Estate Planning

So, the auction begins today with sixty percent of the proceeds going to Bourdain’s estranged wife, Ottavia Busia, and his daughter Ariane, the rest to a new scholarship at the Culinary Institute of America. Although Bourdain did some planning, one wonders if this is...
Avoiding Estate Plan Conflict

Avoiding Estate Plan Conflict

Great practical tips from litigated experiences. Best to leave adjustment provisions (provisions that try to balance inheritances due to outstanding inter-family loans, etc.) out of a Trust or Will, and update it at frequent intervals instead. Moreover, ask your...
Basis Step-Up

Basis Step-Up

Basis step-up is a powerful tax-saving tool. Often, it is why it is preferable to bequeath a home/stocks instead of gifting it. Although this article is making the case against basis step-up, it is important to understand why it is so advantageous and why you should...
Estate Planning of Digital Assets

Estate Planning of Digital Assets

Wisconsin, like The Revised Uniform Fiduciary Access to Digital Asset Act, establishes of a “three-tier priority system of user direction for disclosure of digital property as follows: 1) an online tool; 2) any other governing instrument (estate planning...