One-third of rich families’ heirs are at risk, according to a CNBC survey, because they do not have a financial advisor–crafted estate plan.
Estate planning has truly evolved over the past 20 years and is now harder than ever before.
A good estate plan can significantly reduce taxes, streamline transfers of assets after your death, sidestep costly public probate proceedings and minimize family squabbles over inheritance. United States Family and Matrimonial Burns & Levinson LLP 1 Sep 2015
PS Farmers need to be careful in California to avoid joint trusts.
Clients who jump into joint ownership of their homes to circumvent probate may land in unintended situations that other strategies could avoid. United States Family and Matrimonial Ice Miller LLP 4 Sep 2015