The fight over Conrad Prebys’ $1 billion estate continues, three years after the San Diego developer and philanthropist died. When the directors of the Conrad Prebys Foundation decided to give his son Eric $15 million, despite the fact that his father had left him out of the will, Preby’s longtime…
This grim topic deserves your attention. If you haven’t made plans for what will happen after you die, your loved ones will have to pick up the pieces. Here’s the nice part about this serious subject: once you have created an estate plan, you will have a clearer understanding of…
Gun owners, you may own guns to protect your family or because you admire the workmanship or history of firearms. However, without a gun trust, your heirs may face a surprising consequence. Mistakes with inherited IRA accounts can become expensive, but the penalty is financial. Inherit a gun collection without…
Among the top three reasons for an estate plan are to make sure that your assets are distributed according to your wishes, helping your loved ones from having to pay more taxes than necessary and if possible, avoiding having your estate go through probate. When there are minor children or…
There are a number of different estate planning documents that are easily confused, including “Power of Attorney.” Let’s get a look at the different types of “Power of Attorney,” and what they do. Of the estate planning documents, most people have heard of a will and some have a health…
If you live far from your hometown, you may be used to seeing large changes in aging parents from year to year. However, if you are involved in their day to day life, you may not notice the changes, or they may seem to come and go. When you are…
Don’t have a medical directive, or don’t remember the last time you reviewed it? That means it’s time. We never know when an emergency or sudden onset illness will strike. The biggest problem with medical directives, is getting people to confront the concept of being incapacitated or near death. Once…
Remember that estate planning is not just for the wealthy, and now that the federal exemption is so high, not just for the billionaires either. Estate planning is also much more than a will. Your estate plan has a lot of work to do for you, both while you are…
“Solo agers or Elder Orphans face unique challenges, as their needs begin to change.” Did you know that a study from the Pew Research Center says about 20% of the 75 million baby boomers don’t have children—a figure that’s double what it was in the 1970s and one that’s expected…
She says her father was suffering from Alzheimer’s disease, and that’s why he cut her out of the will. However, she also hadn’t seen or spoken to him for more than two decades. There’s a big estate battle brewing in Britain, where the 61-year-old daughter of Reg Grundy, Kim Robin…