Recent celebrity cases illustrate the importantance of naming a guardian for minor children and having an updated estate plan in place. Anna Nicole Smith Estate Tragedy When Playboy playmate Anna Nicole Smith died of a drug overdose, her Will contained a provision leaving everything to her son Daniel, who had died the year before, also of a drug overdose. The Will contained an unusual provision disinheriting all other children, including future born children. Days before the death of her … [Read more...] about Guardianship Provisions are an Essential Part of a Comprehensive Estate Plan
Congress Pulls Taxpayers Up From the Abyss
In case you missed it, we fell off the fiscal cliff on January 1, 2013. However, less than twenty-four hours later, Congress passed the American Taxpayer Relief Act of 2013 (“ATRA”), reinstituting the Bush income tax cuts for most Americans and “permanently” fixing the estate tax. … [Read more...] about Congress Pulls Taxpayers Up From the Abyss
