by Kathy Lane | May 15, 2016 | Estate Planning
Most blank will forms are based on the assumption that you are part of a traditional nuclear family with a husband, a wife and a common set of children. It will further assume that you wish to follow the traditional path of inheritance: The surviving spouse will...
by Kathy Lane | May 8, 2016 | Estate Planning
There have been numerous stories lately about Prince and the fact that he had no known will when he died. But he’s not the only famous person who wasn’t prepared. Here are 6 others who died without a will: 1) Michael Jackson died in 2009 at age 50. A will did...
by Kathy Lane | May 1, 2016 | Estate Planning
That’s a question that we’ll never know the answer to. If he was like more than half of the people in this country, he just hadn’t gotten around to writing one, didn’t think he needed a will or didn’t care what happened to his estate once he was gone. Regardless of...
by Kathy Lane | Apr 24, 2016 | Estate Planning
When Michael Jackson died in 2009 at age 50, he left a will that specified what should be done with his assets. He may not have taken into consideration what those assets would be worth in subsequent years…but the IRS has now done so. There is now a huge dispute...
by Kathy Lane | Feb 28, 2016 | Estate Planning
Even though more than 50% of US citizens still don’t have a will, you’d think that the presidents of the United States, with all of their legal advisors and staff, would definitely have protected their property by preparing one. Not true – Abraham Lincoln, Andrew...
by Kathy Lane | Jan 10, 2016 | Estate Planning
If you’re like most people, you have some kind of debt – a mortgage, a credit card bill, school or a car loan. What happens when you die? Do your heirs have to pay your bills for you? According to a recent U.S. News and World Report article, the general rule of thumb...
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