Yet another celeb estate is making headlines. This past week, news outlets shared painful news: Naomi Judd left her famous daughters Ashley and Wynonna out of her will. The problem is, nothing in the reporting suggests that’s the case. Famous singer Naomi, who died by suicide in April, apparently did have an estate plan that …
Naomi Judd Probably Didn’t Disinherit Ashley & Wynonna Read More »
Yes, that’s August right around the corner. So here’s our July review of developments in elder law: July Review of Planning & Taxes The IRS is now allowing surviving spouses five years to elect “portability” instead of just two. Survivors can claim their deceased spouse’s unused estate tax exemption without fancy planning up to five …
Celebrity estates, they’re just like ours. Or often not. And definitely not in the case of the ODB estate. Nearly 20 years after the death of rapper ODB, a/k/a Old Dirty Bastard, one of his kids is complaining that neither she nor her siblings have received a single distribution. Daughter Ashana Jones is the heir …
Elder law isn’t exactly the hot legal topic of the moment, but we’ll still share some of the month’s developments anyway. The June review: Aging in America National Geographic and AARP paired up to do a major study of America’s attitudes toward aging. They covered six areas: health, money, happiness, relationships, life stages, and end …
June Developments: Study Says Life Is Good, Eventually Read More »
The New York Times is wrong. In a recent “Social Q’s” column, a reader asked for inheritance advice. The response was off the mark. (For the purposes of this article, we’ll call the questioner “Reader.” And though the column didn’t reveal Reader’s gender, for easy identification, we’ll assume Reader is female.) Reader describes the circumstances: …
It’s almost June, so it’s time to survey elder law news and commentary and share interesting developments. For the May review, we have news about Arizona’s elders, taxes, and Betty White’s estate sale: Challenges of Aging Arizona’s Auditor General issued a scathing report that suggests the Department of Health Services is doing little to protect …
In our recent article about digital assets, we skipped over planning for your crypto. We encouraged getting your digital affairs in order by doing an inventory of all digital accounts so your estate administrators can manage your affairs without additional stress. Crypto requires even more care. The Crypto Basics Cryptocurrency and other “blockchain” assets such …
Need a summer project? We have one for you: Get your digital life in order. An increasingly large part of our everyday lives happens the digital space. The Covid-19 pandemic accelerated our use of digital tools across the board. We use e-mail, apps, social media, and more every day. Plus, more people and institutions are …
That’s May just around the corner, which means it’s when we like to survey elder law news and commentary and share interesting developments. For the April review, we learn (again) that a lot of people don’t have estate plans, that a lot of people want to “age in place,” and that the George Harrison estate …
Clients know things change. And one common question in an estate planning meeting is: “Can I change my mind?” Quickly followed by, “Will you charge me for that?” Yes, probably. And yes. As we all know, life goes on. Every person should, from time to time and after a major life event, review their estate …
Things Change: Your Estate Plan Should Change, Too Read More »
