The Gucci family had owned and operated the company since its founding in 1921 by Guccio Gucci. In the late 1980s and early 1990s, the brand was in trouble. The company had been struggling with ...

Beneficiary designations can be the foundation of a solid estate plan. Losing a loved one is already an emotionally challenging experience, and dealing with the practical aspects of their estate can ...

Think of a trust as a separate entity that holds your designated assets. You, the grantor, create the trust and appoint a trustee to manage it, according to your wishes. This trusted individual can be ...

Disclaimer: This article is intended to serve as a general summary of the issues outlined therein. While this article may include general guidance, it is not intended as, nor is a substitute for, ...

Community property is a legal framework that exists in a select number of states, including Wisconsin, California, Texas, and Arizona, among others. The core principle behind community property is ...

Most physicians don’t have a written plan for who takes over the practice—or how ownership transitions legally and financially. A buy-sell agreement can ensure your family receives the value of the ...

Thinking about the future after you are gone is one of the hardest topics to think about, let alone talk about. You may have your estate plan already in place, but we find so many situations where a ...

A business is often a family’s largest asset — but many owners don’t realize that structure determines how easily ownership transfers when something happens. Ownership is tied to shares, which can ...

Liam Payne’s estate has been in the news. The recent passing of former One Direction member Liam Payne at the age of 31 has brought to light the critical importance of comprehensive estate planning.

Remember, choosing a business successor is a long-term decision that requires careful consideration and planning. By following these steps, you can increase the chances of a successful transition and ...

The short answer is that your loved ones will need to go through the probate process. Probate is the court process of settling one’s estate is they die without an estate plan. Every state has various ...

Extension of Current Exemption: The Tax Cuts and Jobs Act (TCJA) temporarily doubled the federal estate tax exemption to approximately $13.99 million per individual in 2025. Without Congressional ...