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June 2013 Archives

The need for "rock-solid" planning in estate administration

A recent media article notes the obviously singular circumstances of uber-rich tycoons Bill Gates and Warren Buffett, referencing their decision to forgo simply showering future family generations with billions of dollars. The business moguls instead say that a tiny portion of their wealth will suffice for the kids, grandkids and other family members, with the bulk of their estates being used to further the aims of various charitable causes.

Many potential considerations in naming insurance beneficiaries

A sound estate plan in any given case will invariably consider a number of factors, with the ultimate disposition of wealth and assets being a highly individualized consideration. As has been noted many times in estate planning, no two cases are alike.

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