Tag Archives: estate planning

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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Why Wealth Disappears

Business owners and those who advise them should take note. Why Wealth Disappears.

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Fighting over Mom’s Stuff

Ugh…kids at their worst. When a parent dies and the children are faced with dividing up the possessions, things can get ugly. But by taking certain steps, the survivors can avoid family warfare. How to avoid fights over Mom’s stuff

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Avoiding Heir-raising Horror Stories

Encourage your clients to plan intentionally for their children.  They do their children no favors when the kids are given responsibilities for which they are unprepared. Goodbye Family Fortune

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DIY Wills

One’s written and properly executed Last Will and Testament is assumed by the law and by courts to be the written expression of the testator’s  intentions regarding his or her estate.  Even when its clear to the family and others … Continue reading

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Estate Planning and Problem Children

Here is one approach to planning for children who are struggling with and addictions, financial problems, relationship disasters, etc. Using an Inheritance to Teach Your Problem Child a Lesson

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Family Feud

Family probate fight meets country music.  Enjoy this new song by the Pistol Annies (imho not catchy enough to be a hit, but the content fits this blog). I posted the link to the version that gives the lyrics. Family … Continue reading

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Understanding Probate

A recent article written by Kimmer Callahan describing basic Idaho probate. Helping to Understand Probate

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Dynasty Trusts Let U.S. Wealthy Duck Estate, Gift Taxes Forever

Courtesy of Bloomberg: http://www.bloomberg.com/news/2011-07-28/dynasty-trusts-let-u-s-wealthy-duck-estate-gift-taxes-forever.html

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Correct Trust Principal and Income Accounting is Critical!

Not too long ago, I was called to help out the remainder beneficiaries of a Trust. These beneficiaries were siblings and their dad had passed away. Before he died, Dad had been an income beneficiary of a separate Trust for … Continue reading

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