Four Myths about Estate Planning in the African American Community
02/09/21 | WealthCounsel Blog African American-owned businesses are on the rise: The US Census Bureau estimates that there were 2.5 million Black-owned businesses in 2020….
Preserving Your Money and Property Beyond the Third Generation
Preserving Your Money and Property Beyond the Third GenerationWhether you have inherited your wealth or have built it yourself, you likely want…
Adding Right of Occupancy to a Revocable Living Trust.
Family dynamics can change drastically when one member passes away. In particular, if a surviving spouse remarries, the question of what happens…
Estate Planning in 2022: Considerations for the 99 Percent
12/21/21 | WealthCounsel Blog Like 2020, this year has been one for the record books. For the first time ever, young Americans (aged…
DID YOU KNOW ? THERE ARE THREE BIG MISTAKES WHEN SETTING UP A TRUST FUND FOR CHILDREN.
Trusts are technical legal instruments that require a keen eye and foresight on the part of the attorney drafting them. Should an…
ESTATE PLANNING IS THE FIRST STEP, BUT WHAT IF THE TRUST ISNT FUNDED?
You probably recommend trusts over wills to many of your estate planning clients because revocable living trust-based estate plans provide a comprehensive…
Helping Clients Plan for Community Property in a Separate Property State
Helping Clients Plan for Community Property in a Separate Property State If you are an estate planner, chances are you practice in…
Redoing Your Loved One’s Estate Plan
In a constantly evolving world, having the flexibility to adapt to changing circumstances is a valuable trait. But is flexibility less important…
Britney Spears: A Cautionary Tale about Conservatorships
Even if you do not listen to pop music, it has been hard to ignore the recent news about Britney Spears and…
Is Our Home Community Property or Separate Property, and Why Does It Matter?
When two people get married, the property they obtain during their marriage is called marital property. This includes anything from real property…