A corporate trustee is a bank trust department or trust company. When you set up a trust you need to name someone (a trustee) to manage the assets your trust controls. When you create a Revocable Living Trust, you are usually the trustee of the trust. Upon your death, you need to name a successor trustee. You can choose just about any adult such as family members, close friends, or trusted … [Read more...] about What is a Corporate Trustee?
Your Estate Matters – Audio (What is a Corporate Trustee?)
"What is a Corporate Trustee" by Attorney Nicole Livingston … [Read more...] about Your Estate Matters – Audio (What is a Corporate Trustee?)
Listen to "Your Estate Matters!" tomorrow morning (Tuesday) at 8:50 a.m. on WNAV Radio
Make sure to tune in to WNAV Radio on 1430 AM or 99.9 FM on Tuesday mornings at 8:50 a.m. for YOUR ESTATE MATTERS! Attorneys Colleen Sinclair Prosser, Nicole Livingston and Paula M. Mattson-Sarli relate cutting edge estate planning information. The topic tomorrow is "What is a Corporate Trustee"" by Attorney Nicole Livingston. … [Read more...] about Listen to "Your Estate Matters!" tomorrow morning (Tuesday) at 8:50 a.m. on WNAV Radio
Who gets the Andy Warhol?
Litigation is brewing over a painting of actress Farrah Fawcett by famous artist Andy Warhol. The University of Texas, Fawcett’s alma mater, is suing Ryan O’Neal, her husband, to determine the ownership of the painting. The painting is worth millions and is presently in Mr. O’Neal’s possession. In her estate plan, Ms. Fawcett left all of her tangible personal property to the University of Texas … [Read more...] about Who gets the Andy Warhol?
Who gets the Andy Warhol?
Litigation is brewing over a painting of actress Farrah Fawcett by famous artist Andy Warhol. The University of Texas, Fawcett’s alma mater, is suing Ryan O’Neal, her husband, to determine the ownership of the painting. The painting is worth millions and is presently in Mr. O’Neal’s possession. In her estate plan, Ms. Fawcett left all of her tangible personal property to the University of Texas … [Read more...] about Who gets the Andy Warhol?
Your Estate Matters – Audio "Who gets the Andy Warhol?"
"Who get the Andy Warhol?" by Attorney Colleen Sinclair Prosser … [Read more...] about Your Estate Matters – Audio "Who gets the Andy Warhol?"
2013 Estate, Gift and Capital Gains Tax Changes
As 2012 was winding down, estate planners throughout the country waited to see how Congress and the President would handle capital gains, estate and gift tax issues. Under what is called a sunset provision, the estate tax exemption was scheduled to return to $1,000,000 on January 1, 2013, the amount set prior to the Bush Era Tax Cuts. This would have meant that all estates in excess of … [Read more...] about 2013 Estate, Gift and Capital Gains Tax Changes
The Estate Tax Ball is About to Drop!
Posted by Attorney Colleen Sinclair Prosser on behalf of The American Academy of Estate Planning Attorneys There are only a few days left before the clock strikes midnight on December 31st and the tax law changes. Or will it? As of this writing, the law to which it will change will be the pre-EGTRRA/TRA law. In other words, currently in 2012, individuals with estates under $5.12 million are … [Read more...] about The Estate Tax Ball is About to Drop!
The Family Farm Preservation Act of 2012
The General Assembly of Maryland enacted a new law, which went in effect on July 1, 2012, entitled the “Family Farm Preservation Act of 2012”. This law provides estate tax relief to Maryland farm owners. In Maryland an estate tax is applied upon the death of a person whose estate exceeds $1,000,000 if the estate passes to someone other than the surviving spouse, or is put into a trust for the … [Read more...] about The Family Farm Preservation Act of 2012
Your Estate Matters – Audio
"The Family Farm Preservation Act of 2012" by Attorney Colleen Sinclair Prosser … [Read more...] about Your Estate Matters – Audio
