Planning ahead for your family when you don’t have children is a little bit different than when there are children involved. When you don’t have to worry about paying college tuition and other financial obligations parents often have to think about, you can consider different techniques that may not have been financially feasible if you…
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LOS ANGELES— A judge has extended the temporary conservatorship of Zsa Zsa Gabor’s husband over the ailing actress and her estate, court papers obtained Friday show. The one-page order issued Tuesday by Los Angeles Superior Court Judge Reva Goetz means Frederic von Anhalt will remain as his 96-year-old wife’s interim caretaker at least until Aug.…
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An estate plan for Cinderella’s parents? Sounds weird, doesn’t it? Read this blog to find out more about the princess and estates. – I saw Cinderella for the first time with my daughter recently, and though I (and likely you) were familiar with the outline of the story, we often forget the backstory. It starts…
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There are many myths about wills, trust and other legal documents, and what is appropriate for a particular family. Below are some of the most common myths and facts about estate planning: MYTH: I am young and don’t have a lot of money, so I don’t need a will. Wills are only for older and…
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New Orleans — Former Covington resident Gail Sheffield was held dear by friends for her sense of humor, her modesty and her brilliance — “She was Google before there was Google’’ long-time friend Julia Sims said. But what Sheffield held most dear was feral cats. They were her passion in life, Sims said, and she…
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The first step in creating a trust is to ask yourself what you want to accomplish. The whole idea of setting up a trust is to provide for your loved ones after your death. But how do you ensure the trust doesn’t run out of money? The keys, financial planners say, lie in setting up…
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The estate of author J.R.R. Tolkien is testing the principle, “You can’t be sued for suing.” In November, the estate and book publisher HarperCollins filed an $80 million lawsuit against Warner Bros., its New Line subsidiary and Saul Zaentz Co. — which holds the rights to The Hobbit and The Lord of the Rings –…
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An appellate court judge has thrown out a Florida mogul’s adult adoption of his 42-year-old girlfriend, saying that his failure to notify his ex-wife about the scheme was a ‘fraud.’ Third District Court of Appeal Senior Judge Alan R. Schwartz wrote that the adoption of a ‘paramour’ or lover has no purpose and cannot be…
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Washington: Michael Jackson’s three children and his mother are seeking 40 billion dollars compensation for the singer’s death from AEG Live. They accused the entertainment company behind the star’s planned O2 Arena concerts for “negligent hiring and supervision” of Dr Conrad Murray-Jackson’s doctor, who is jailed for the star’s manslaughter, TMZ reported. The kids want…
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Life insurance is one of those financial products that can give people the heebie-jeebies. It can sound confusing and complicated, and it involves thinking about a very scary proposition: death. But life insurance really isn’t as frightening or complex as it seems. It’s actually a fantastically useful and flexible estate-planning tool that can provide income-tax-free…
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Steps of a probate – we’re here to help you understand! Probate can sound like a confusing topic – especially when we’re using terms like “intestate” or issuing “Letters” that aren’t really letters at all. In order to take some of the guesswork out of probate, here is a list of steps taken in a…
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When you look at your life, you probably have multiple sources of pride: a beautiful family, a successful career or business, and an inviting home. Whatever it is that makes you proud, protecting it is vital to ensure its future success. Your home and business probably have insurance, but what can you do to protect…
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