What If This Is My Circus? And Those Are My Monkeys?
There is an old Polish saying that roughly translates, “Not my circus, not my monkeys.” It is a reminder that one need not get involved with every messy situation one comes upon, and should not take responsibility for controlling or changing a volatile or delicate situation out of one’s sphere of influence. The phrase...
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What Happens If You Don’t Have An Estate Plan?
When you meet someone new, the conversation usually covers the same general topics: family and careers. We love bragging about our family as much as the next person. But when the conversation comes around to what we do for a living, we are much more cautious about sharing our passion. A lot of people...
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4 Huge Estate Planning Mistakes & How To Avoid Them
The Titanic didn’t have enough lifeboats for all its passengers because the ship was “unsinkable.” The Mars orbiter was lost because some engineers used the metric system while others used the English system. Decca Records turned down the Beatles because they weren't sellable. No mistake you make will ever be a bad as...
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Harper Lee’s Will Keeps Her Affairs Private
The odds are good that you have read the book or saw the movie adaptation of To Kill a Mockingbird. Harper Lee’s coming-of-age classic has a perennial spot on summer reading lists, and in the hearts of many attorneys who view Atticus Finch as a fictional role model.When a follow-up, Go Set...
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Are You Your Family’s Archivist?
When Mary’s parents passed away, Mary inherited the house she grew up in. And everything in it. Figuring out what to do with her family’s “treasures” was more work, and more rewarding, then she could ever have imagined. Assisting her with the task gave our firm a crash course on archiving with an...
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When Should You Plan For Long-Term Care?
Planning for Long-Term Care Should Be Done A Long Time Before You Need It
52% of all adults over the age of 65 are projected to spend time in a nursing-home or need some other form of long-term care in their lifetime. We work with clients who want to proactively plan for the cost of...
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Estate Planning For Art Collectors
2017 was a big year in the art world. A Saudi prince bought Leonardo da Vinci’s Salvator Mundi for $450 million. And a painting by Jean-Michel Basquiat, which was bought by a Japanese collector for over $110 million, bumped Andy Warhol from the top spot on the list of most expensive American artists. It...
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How Does The New Tax Law Impact My Estate?
When President Trump was running for office, he vowed to get rid of the estate tax. The “Tax Cuts and Jobs Act” he signed into law in December doesn’t manage to do that, but it does make a few changes that will impact large estates.The...
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Division is Difficult
There is no easy way to divide up money between family members because no matter what you do, someone is going to feel like they were treated unfairly. And that person’s complaints are going to make everyone else in the family as miserable as he or she is.Slate’s advice columnist, “Dear...
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Hefner Demands Heirs Be Drug-Free
When Hugh Hefner, the famous founder of Playboy magazine, died, speculation about who would inherit his fortune immediately began. Now, some details have been released, and they are a bit shocking considering Hef was known as much for the parties he threw as his publishing prowess.
According to ET, the trust Hefner set up to...
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