by Arthur Geffen | Oct 1, 2015 | Estate Planning
Art investors are nearly always advised not to invest in art at all, but to collect it. Buy what you like, the conventional wisdom goes, not what you expect to increase in value. But collectors still must contemplate financial matters, especially related to...
by Arthur Geffen | Sep 25, 2015 | Estate Planning
The estate of billionaire and former Detroit Pistons owner Bill Davidson is suing an international company’s tax firm over a recommended plan lawyers claim led to an Internal Revenue Service bill that topped $2.7 billion. According to the lawsuit filed Thursday...
by Arthur Geffen | Jun 25, 2015 | Estate Planning, Estate Planning Solutions
A few cogent reasons for setting up revocable trusts. Millions of Americans die each year without any type of estate plan in place, and this forces their families into the court system, where they experience the high cost and time delay characteristic of probate...
by Arthur Geffen | Jun 11, 2015 | Estate Planning, Executors
When you draft your will, you should name an executor. It will be up to your executor to handle all the paperwork after your death and the distribution of your assets. One possibility is to name an independent party as your estate’s executor. A bank trust...
by Arthur Geffen | Jun 10, 2015 | Estate Planning, LGBT, LGBT Issues
No matter what your familial configuration or marital status, estate planning is something every person needs to address. But the rules are complicated, and changing, for LGBT couples. And if you’re an LGBT couple operating without the legal protections and...
by Arthur Geffen | Apr 24, 2015 | Estate Planning
If you don’t have a will, you’re not alone. You’re actually in the company of the majority of adult Americans and some decidedly wealthy deceased celebrities — a Supreme Court Justice, a rock star and even a princess among them. Chief Justice Warren Burger,...
