Monthly Archives: October 2011

Too Many Eggs in the Trustee’s Basket

I recently worked on a piece of trust litigation where the deceased Grantor of a Trust restricted the ability of the Trustee to sell a leveraged asset that comprised > 95% of the Trust’s assets.  Regardless of the Grantor’s intentions, … Continue reading

Posted in Duties of Trustee, Estate Planning, fiduciary, Investments, Prudent Investor Rule, Trust, Trust Administration | Tagged , , , , , | Leave a comment

Reblog: The Seven Deadly Sins of the Market

Originally posted on theMarketSoul ©1999 – 2017:
As if last week’s (week ending 23 September 2011) turbulence on the world’s stock markets wasn’t enough of an emotional rollercoaster for millions of market participant’s, we will offer only one bit of reflection this…

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US Rankings for Startup Companies

Normally this blog is focused on estate, trust, and related financial and tax  issues.  But I’m self-employed and I am a minority owner in an unrelated start up company, so public issues dealing with the economics of start up companies … Continue reading

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Cost Basis Research

For the accountants and attorneys out there, here is a link to a great resource for researching the cost basis of investments.  I’ve done this manually many times in the past and its quite a chore, particularly where there are … Continue reading

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Is the Trustee you’ve selected qualified and prepared?

Excellent guidelines to use in choosing the appropriate Trustee for your trust(s).  The answer is not as simple as you would think. Who is Fit to Be Trustee? Ask me about Trustee Scorecard (TM)

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“Inheritances are an equalizing force that mitigates the inequalities found in American household wealth.”  Sounds counter intuitive, but check out this article and study: Debunking the “Sin” of Inheritance

Posted in Estate Planner, Estate Planning, Estate Tax, Executor, fiduciary, heirs, inheritance, Trust | Tagged , , , , | Leave a comment

Joint Ownership of Property Between Generations

I can’t think of any situation where its advisable to use joint ownership where there’s not a better solution, except to keep people like me employed as an expert witness in the resulting litigation. Top 5 Reasons to Beware of … Continue reading

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