Trusts can be a useful estate planning tool for passing on wealth to heirs. When naming beneficiaries, it’s important to consider how their spouses may fit into the picture. Specifically, you may ...
Opinion: Americans increasingly have turned to trusts to protect family assets left to their children who may become wrapped ...
Louisiana is a community property state, wherein spouses are considered joint owners of nearly all assets and debts acquired in marriage. In the event of a divorce, assets acquired during the marriage ...
In Private Letter Ruling 201707008 (released Feb. 17, 2017), the Internal Revenue Service ruled that a wife wouldn’t recognize gain or loss from her husband’s transfer of property to a trust for her ...
Location, location, location is not just vital in real estate. Where you live also can have critical tax implications for your taxes, especially for married couples. There are two very different kinds ...
In Leggio v. Florian, the trial court awarded three real estate properties to the wife over an allegation by the husband that all of the properties were his separate property. No. 14-21-00168-CV, 2022 ...
Can a trust protect inherited assets during a divorce? Find out how asset protection trusts work and shield assets from divorce settlements. Pam Bondi accused of "serious misconduct" in Florida Bar ...
Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...
If you are married, regardless of where you live, you should consider adding a valuable tool to your estate plan: a South Dakota Special ...
"Till death do us part” no longer applies to a growing number of older couples. A Bowling Green State University study found that between 1990 and 2021, the divorce rate more than doubled for those ...