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Is Your Estate Plan Like the Rich & Famous?

Aretha Franklin died last month with an estate estimated at some $80 million, and did not leave a will or trust. Although Aretha’s four sons are her heirs-at-law entitled to her assets under state law, a niece who handled finances …

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The Title of Assets Matter with Trusts

You finally have signed your trust. But hopefully, your estate plan includes more documents and instructions than your trust. In addition to your trust, you should have, at a minimum, your financial and health care powers of attorney and your …

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Ten Years of Change

August 10, 2008. Do you remember: Michael Phelps won his record 8th gold medal at the Beijing Olympics, Pádraig Harrington won the rain delayed PGA Championship at Oakland Hills Country Club, soul singer and actor Isaac Hayes died, AND my …

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Beware of the Five-Fee Estate Planner

You go to your estate planner to have your financial and health care powers of attorney, will and trust drafted or updated. Oftentimes, it is challenging to choose the people who are going to handle your finances and property when …

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Are You Prepared?

You have probably heard of the Scout motto, “Be Prepared.” The motto was devised in 1907 by Robert Baden-Powell, an English soldier who founded Scouting. He was once asked the inevitable follow-up question, “Prepared for what?” His response was “Why, …

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Hope for the Best, Plan for the Worst

When life happens, are you prepared? Do you just react to life events or do you have a plan in place? By being proactive, you can soften the adverse effects of unexpected events. Last week, we had an unanticipated event …

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