by Kathy Lane | May 7, 2017 | Estate Planning
This article appeared in the September 17, 2016 edition of cnbc.com. It contains some important information you should review. “Celebrities, they’re just like us. At least, they are when it comes to estate-planning mistakes. You’d think that...
by Kathy Lane | Apr 9, 2017 | Estate Planning
A recent story from the United Kingdom talked about the rise of family feuds related to inheritance. The number of cases – 116 – reaching the High Court in 2015 broke all past records. According to a British law firm, the rise in cases is due to the...
by Kathy Lane | Mar 19, 2017 | Estate Planning
It’s a fact that women live longer than men in every country in the world. It’s important to be prepared and to start looking at widowhood as a when, not an if. More than one in five women 60 or older is living in poverty. A survey of women whose partners had died...
by Kathy Lane | Mar 12, 2017 | Estate Planning
You may have a will or a trust that covers the disposition of your personal assets after you die. If you own a small business, those documents are not enough. There must be a separate plan put in place to insure that your business will continue when you’re gone....
by Kathy Lane | Feb 26, 2017 | Estate Planning
When my father died (my mother had predeceased him), I was charged with cleaning out his condo. There were all sorts of things stuffed in drawers and closets that I’m sure had value…but I didn’t want. Ditto for my brother. There was also a lot of antique furniture...
by Kathy Lane | Jan 22, 2017 | Estate Planning
Yesterday, Prince’s estate had to file an estate tax payment plan. Since his estate was valued at about $200 million, the taxes are expected to be about half of that – 40% to the federal government and 16% to the state of Minnesota. Allowable deductions and...
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