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Monthly Archives: September 2011
Will Assisted Living Expenses Eat Up My Estate?
Will assisted living expenses eat up my estate? That question is often on the minds of retired couples doing their estate planning. Continuing Care Retirement Communities (CCRCs) are one way to make future costs of assisted living and even … Continue reading
Posted in Estate Planning, Incapacity Planning, Long Term Care
Tagged Assisted Living, CCRCs, Continuing Care Retirement Communities, Long Term Care, Skilled Nursing
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Nashville Songwriter Discovers Pros and Cons of Conservatorships
The expense of Celebrity Conservatorships is in the news today. The attorneys for Britney Spears’ Conservatorship are reportedly seeking $900,000 in fees. Meanwhile, Nashville songwriter Danny Tate saw his assets dwindle while regaining his rights after recovering from a drug … Continue reading
Posted in Celebrity Probates, Conservatorships, Incapacity Planning
Tagged Celebrity Conservatorships, Conservatorships
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What are the Benefits of a Living Trust? – Estate Planning Basics
It is time again to get back to basics. You want an estate plan, but why go to the trouble of setting up a living trust? It may not be a good fit for everyone, but a living trust … Continue reading
Posted in Estate Planning, Estate Planning Basics, Incapacity Planning, Living Trusts, Probate
Tagged Estate Planning, Estate Planning Basics, Incapacity Planning, Living Trust, Probate, Wills
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Further Reading for Seminar on Celebrity Probates
I gave a seminar today to the Estate and Financial Planning section of the Sacramento CalCPA chapter. Thanks to Bruce Kajiwara for the invitation. Following are the links to further reading on the celebrity probates discussed in the Seminar: … Continue reading
Posted in Celebrity Probates, Estate Planning, Probate, Seminars
Tagged Celebrity Probates
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California Plan Your Giving Day
Charities are feeling the pain, what with the distressed economy and the raised estate tax ceiling. But let’s not forget that it feels good to give. Ed Goldman’s Blog on the Sacramento Bee website contains the following: In her business as a … Continue reading
Posted in Charitable Giving, Estate Planning
Tagged California Plan Your Giving Day, Charitable Giving, Estate Planning
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Heirs Denied Access to Digital Assets After Death?
In another example of how the law has not kept up with technology, your digital assets may be at risk after death. An article from the AFP news service explains some of the problems that occur with on-line assets … Continue reading
Posted in Estate Planning, Living Trusts, Probate
Tagged Digital Assets, Estate Planning, Heirs, Probate
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Probate Dispute Over Warhol Portrait of Farrah
The estate of Farrah Fawcett is seeing a large amount of legal wrangling. Farrah left her painting collection to the University of Texas. Ryan O’Neal has possession of a famous portrait of Farrah by Andy Warhol. O’Neal claims Warhol gave … Continue reading
Posted in Celebrity Probates, Charitable Giving, Estate Planning, Probate
Tagged Andy Warhol, Celebrity Probates, Charitable Giving, Farrah Fawcett, Personal Property, Probate, University of Texas
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