Should I Discuss Estate Planning with My Children?
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Many baby boomers may hesitate to discuss money with their children. However, the reality is that a massive amount of wealth will be transferred in the next couple of decades. Cerulli Associates estimates that about $68 trillion will move between generations within 25 years, with most of those assets transferred to Generation X households.
What Is the Best Way to Make Sure Children Can Handle an Inheritance?
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How can you prepare your children to handle the assets they’ll eventually inherit?
Who Owns Marilyn Monroe’s Estate?
![Infamous estate Planning Mistakes of Celebrities](https://mcnair-dallaslaw.com/wp-content/uploads/benoit-debaix-mrF3taF-8fk-unsplash-1024x768.jpg)
There’s no debating the fact that Marilyn Monroe was an icon. She remains one nearly six decades after her mysterious death in 1962 at the age of 36. Monroe and her likeness are still BIG business, generating millions of dollars a year in royalties and license fees.
Why Would I Need a Living Trust?
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Have you made any plans to distribute your assets and take care of your family, when you die or become incapacitated?
What Is Prince Harry’s Inheritance from His Mum, Princess Diana?
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Prince Harry told Oprah Winfrey that after being cut off financially by the royal family, he supported his new life in California with his inheritance from Princess Diana.
Estate Planning After Remarriage
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Married people in second marriages with prior children often have to balance the future well-being of their spouse with that of their own children.
What Is Status of Larry King’s Handwritten Will?
![Lore](https://mcnair-dallaslaw.com/wp-content/uploads/matt-botsford-OKLqGsCT8qs-unsplash-1024x576.jpg)
Larry King’s handwritten will was recently obtained by outlets. It reportedly left out his estranged wife.
Should I Name a Trust as Beneficiary of My IRA?
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It’s generally a bad idea to name a trust as beneficiary of your IRA.
Should I Use a Living Trust in Estate Planning?
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I understand that most people don’t need a living trust because probate is simple in the state, but can having a living trust save you time or money?