On February 14, 2023, California state lottery officials named the winner of the largest lottery prize in U.S. history. Edwin Castro won an eye-popping $2.04 billion lottery...
In today’s interconnected world, individuals often find themselves with assets and interests spanning across multiple countries. From investments in foreign markets to properties overseas, the...
When planning an estate, one effective strategy to reduce estate taxes is through gifting. Gifts can be an important part of an overall estate plan,...
WHAT IS SELF-DEALING IN TRUST ADMINISTRATION? A trustee usually has some discretion in their management of a trust’s assets (accounts, money, and property). At the...
Probate is a legal process that oversees the distribution of a deceased persons assets either in accordance to their Will (if there was one) or state law. Probate...
When someone passes away, the executor of their estate plays a pivotal role in managing and distributing assets as outlined in the will. Ideally, the executor maintains...
Most people believe that receiving a large inheritance from a loved one would be life-changing. However, one study found that about a third of Americans who had received...