The landscape of the American population is ever changing. In 1970, approximately one-third of Americans age 15 and older were single. In 2013, that number had risen to nearly one-half. With a growing population of single individuals, it is important to recognize the implications on estate planning. While much of…
Now that we have entered 2014, you may or may not still be keeping your New Year’s resolutions. Hopefully, your resolutions are going strong and you have developed great habits throughout your life. However, if you have already slipped back into the habit of eating a little more junk food…
More and more of our lives are spent connected to the internet. Whether we are listening to music on iTunes, browsing social media like Facebook, or even paying our bills online, so much of what we do these days is done online. Files, photos, music, and other things are no…
An Indiana man chose to withdraw his own life support following a hunting accident that left him paralyzed and unable to breathe on his own. 32 year old Tim Bowers had been out deer hunting when he fell 16 feet from his tree stand crushing his C3, C4, and C5…
The sons of a late North Carolina real estate developer are suing their father’s company in an attempt to recover nearly $200 million in assets that he was trying to redirect shortly before his death. Henry Faison had tried updating his will to leave a large portion of his estate…
Only old, rich people should worry about estate planning. Estate planning is so simple that you can do it yourself. Estate planning is intimidating. There are a number of misconceptions out there about estate planning. While you may have had these thoughts cross your mind in regard to estate planning,…
While many people think estate planning only relates to those who are well established in life, estate planning should begin much sooner than most people realize. Estate planning may conjure up images of wills and 401Ks, but the process should be essential to everyone upon reaching the age of majority,…
We all have heard about the importance of creating an estate plan for the benefit of our loved ones. In creating an estate plan, many people believe that their will is the final say on who gets what accounts after they die. While a will often is the final determination…
It seems like taxes are everywhere these days. You get taxed for your income, food, or anything else that you buy. You can even get taxed after you die. Most of these taxes are a way of the government to increase its dwindling revenue. However, there has been a push…
Former “Sopranos” star James Gandolfini died suddenly in June of this year shocking many of the actor’s biggest fans. Many people may be equally as surprised to learn that as much as $70 million of Gandolfini’s estate will go to pay taxes that could have easily been avoided. Gandolfini could…