Celebrity estate planning and inheritance news often provides a helpful way to discuss basic topics that are applicable to all community members–even those without great wealth. At the end of the day, many of the same principles about proper planning apply to everyone, no matter what their situation in life.…
Articles Posted in NEWS AND COMMENTARY
Fiscal Cliff “Agreement” Reached: What It Means For Your Estate
As most people already know, Congress and the White House reached a deal this week to halt the implementation of the “fiscal cliff” changes related to tax increases and spending cuts. While the agreement was reached after the start of the new year, this is nothing more than a technicality…
Update on Same-Sex Marriage & The Supreme Court
After many weeks of speculation and several false alarms, on Friday the Supreme Court of the United States (SCOTUS) officially agreed to hear two appeals of cases related to gay marriage. The Court’s decision to grant these two petitions mean that next year is set up to be an incredibly…
Insurance Scam Targets Elderly Californians
With all of the scams targeting the elderly today, the smartest investment that a one might make is in a visit to an attorney who works on elder law and estate planning issues. An experienced legal professional can provide sound advice to help you invest your savings safely for the…
Do-it-Yourself Estate Tax Pitfall
Dealing with the Internal Revenue Service (IRS) often confuses people and leads to complications. That holds true even in situations where the IRS has tried to simplify a process. Take, for example, the estate tax. As a new Wall Street Journal story this week mentions, new rules seeking to make…
Deceased Chest Champion May Soon Rest in Peace
Bobby Fischer, the former world chess champion, died in 2008 and yet the fight over his estate goes on. You may remember Bobby Fischer won the world chess championship in 1972 when he beat the Russian Boris Spassky in Iceland during the period of the cold war. Fischer was born…
May 8-May 14 is National Womens’ Health Week
National Women’s Health Week is a weeklong health observance coordinated by the U.S. Dept. of Heath and Human Services Office on Women’s Health. It runs from May 8 – May 14 and encourages women to take steps to improve their physical and mental health. The theme this year is “It’s…
Tips for the Tax Season
Tax time can be a stressful and frustrating time, gathering all the information, doing your taxes yourself or making an appointment with your tax preparer. MSN Money recently had a great article about the tax breaks and credits for the 2010 tax year that can save you money. Here are…
New Laws for 2011
A number of new laws are going into effect on January 1, 2011. Here are just a few: 1. Possession of marijuana of an ounce or less will be an infraction rather than a misdemeanor. 2. Toyota Prius cars will no longer be able to use the car pool lane.…
The Will Debuts on the Discovery Channel
A new series on the Discovery Channel is called The Will: Family Secrets Revealed. It is an eight part series on the wills (or lack thereof) of various people depicting the drama of some families after a death in the family. Throughout the series, each one hour episode will show…