Blog

Home/Blog

National Estate Planning Awareness Week 2013

This week is National Estate Planning Awareness Week 2013!   In 2008, the National Associate of Estate Planners and Councils (NAEPC) worked with Congress to pass a resolution to proclaim the third week of October as National Estate Planning Awareness Week.  The resolution stated “Many Americans are unaware that lack [...]

The $400M Reclusive Heiress, Her Nurse and a Battle of Wills

Huguette Clark was born in 1906 into a life of wealth and privilege, the daughter of an American copper and railroad baron, raised in a 121-room Manhattan mansion, the city’s largest private residence. She could have enjoyed the high life of parties and travel, but instead opted for seclusion and [...]

What is Trust Funding?

Question:  I want to create a trust to provide for my children and avoid probate, but I've heard I have to fund it.  What is trust funding? Answer:  Trust funding is the process of re-titling assets out of your name and into the name of your trust.  Do not be [...]

7 Non-Tax Reasons to Plan

There is a common misconception that estate planning is only for the wealthy so they can minimize their tax liabilities.  While this is one part of estate planning, it is certainly not the only part.  Even if someone isn't wealthy or concerned about taxes, there are a number of important [...]

Top 5 Legal Challenges Facing Michael Jackson’s Estate Executors

Hat Tip to Danielle and Andrew Mayoras of Trial & Heirs for this great article! Many people never stop to think of how hard a job it is to administer the estate or trust of someone who passes away.  Often, it's a thankless job, filled with headaches.  That's certainly been [...]

Four Ways Americans Are Hurting Their Retirement

In general, Americans tend to be pretty optimistic.  Even in this struggling economy and difficult job market, most American workers will say that the future looks better and that good times are on the way.  Most American workers are also optimistic that their financial situation will improve next year and [...]

© Copyright Neal Law Firm 2019. All rights reserved.