Security threats are more prevalent than ever and multi-family offices are being targeted in the most recent round of attacks. According to a recent study, only 9% of all respondents out of 55 family wealth firms were involved day to day in security risk management. Although up to 73% reported recent concerns associating incidents involving […]

Although the most popular way to approach your estate plan is to leave all assets equally to all your children. However, there are many situations where parents might apply logical reasoning to determine that unequal inheritances are a better approach. For example, if you have a child with special needs, he or she may benefit […]

It is never easy to approach the topic of estate planning for anyone. One of the most common reasons that people are uncomfortable with this topic as a whole is that they are concerned that talking about it means reflecting on their own mortality.  This is certainly a challenging act by approaching your estate planning […]

Too many people realize that asset protection planning is valuable when it’s too late. For example, after a lawsuit is filed against a doctor or after creditors swoop in to take personal assets. This can expose your entire family, your company, and all that you have worked so hard for to serious risks, and that’s […]

A 2011 study shared by the Centers for Disease Control and Prevention identified that the number of children who had developmental disabilities increased by 17% between 1997 and 2008. The prevalence of autism alone increased by 290% and attention deficit and hyperactivity disorder increased by 33%.  This expanding portion of the population needs help. Alzheimer’s […]

Prince passed away just over one year ago. Unfortunately, however, his unexpected death associated with an accidental painkiller is still tied up in probate court. It is estimated that Price’s estate is worth more than $300 million and unfortunately, he passed away without a will and testament to his name, causing serious concerns. This story […]

One of the aspects of handling an estate that can prove problematic is when the IRS puts a lien on property. The IRS is capable of putting a lien on a piece of property or an asset in order to recover money that is owed to them after a person passes away.  Internal Revenue Service […]

Many individuals are looking forward to the future and the future generations when it comes to putting together a will and other components of an estate plan. However, you may also be interested in putting together an estate plan and in particular, your will to assist your elderly parents. Although no one wants to think […]

A new study indicated that up to one-quarter of married adults shared that only their spouse understood the location of their power of attorney and the wills. That survey also indicated that less than 30% of adults knew the location of their parents’ wills or details about the estate distribution plans or executor selections. It […]

In general, probate refers to the legal proceedings by which your assets are analyzed and then distributed by the court. Everything that you own, including your land is distributed according to the MS intestate statutes. It can take up to one year for a probate case to make its way through the court system and […]