A sensible estate plan is crucial to ensure a smooth and uneventful transition of your assets to your beneficiaries. While estate planning need not be overly complicated, here are some items that should be thoughtfully considered in consultation with a lawyer, tax accountant or financial advisor. Tip: Perhaps this is …
Three Common DIY Estate Planning Mistakes
Our office frequently meets with clients to review their estate planning strategies, only to find that they have already taken significant “DIY” steps based on a magazine article or an online blog – often from another jurisdiction – or even the advice of a well-meaning but mis-informed friend. Not all …
James Brown Estate Settled
Finally, fifteen years after the death of “The Godfather of Soul”, James Brown, his estate has been settled. As with other celebrities such as Aretha Franklin and Prince, who died without a coherent estate plan or a will, expensive and time-consuming litigation has been a hall-mark of the James Brown …
Tax Friendly Preservation of Family Assets
By Gary Kirk of Kirk Montoute Dawson LLP posted in Estate Law on Friday, September 6, 2013. Our Family and Estate Law clients who approach us looking for a way to preserve assets through a Pre-nuptial Agreement – particularly those who have a high net worth – will often generate a …