You have a minor child who depends on you for their survival, so you need to make sure they will be cared for if you are ever unable to care for them. By creating an estate plan, you can address your minor child’s care and custody and provide instructions about how your money and property […]
Elvis Presley, the King of Rock and Roll, died in 1977. Like most celebrities of his stature, he left behind a complicated legacy—not to mention a considerable estate. Elvis’s estate, including Graceland, ended up in the hands of his only child, Lisa Marie Presley, who passed away in January at fifty-four years old. It is […]
On February 14, 2023, California state lottery officials named the winner of the largest lottery prize in United States history: Edwin Castro won an eye-popping $2.04 billion in a November 2022 lottery drawing, choosing a lump sum payment of $997.6 million instead of annual payments over three decades.[1] A lottery player in Maine recently won […]
Some trusts are irrevocable as soon as they are created, which means that, in general, the trustmaker/grantor (the person who created and funded the trust) cannot terminate or modify it to take back the money or property that the trust holds. You may wonder why anyone would want an irrevocable trust, but irrevocable trusts can […]
