WHO IS YOUR BENEFICIARY? MARILYN MONROE ULTIMATELY HAD NO IDEA

Gabriel Katzner - January 12, 2016 - Estate Planning

When creating a last will and testament, it’s important to know your beneficiary. Sadly, that’s not always the case. Marilyn Monroe, one of the world’s most famous icons, didn’t seem to have any idea to whom she left her money. Acting Coach & Psychiatrist Got Everything Marilyn Monroe died at the age of 36 from […]

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HOW TO AVOID SENDING YOUR LOVED ONES (AND ASSETS) THROUGH PROBATE WITH A REVOCABLE LIVING TRUST

Gabriel Katzner - January 8, 2016 - Estate Planning

(This is part 4 in a 4-part series). Today many people are using a revocable living trust instead of a will or joint ownership as the foundation of their estate plan. When properly prepared, a revocable living trust avoids the public, costly and time-consuming court processes of conservatorship or guardianship (due to incapacity) or probate […]

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3 SIMPLE WAYS TO AVOID PROBATE COSTS

Gabriel Katzner - January 7, 2016 - Estate Planning

(This is part 3 in a 4-part series) The bad news: probated estates are subject to a variety of costs from attorneys, executors, appraisers, accountants, courts, and state law. Depending on the probate’s complexity, fees can run into tens of thousands of dollars. The good news: probate costs can be reduced by avoiding probate. It’s […]

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Probate Takes So Long

HELP! THIS PROBATE IS TAKING FOREVER!!!

Gabriel Katzner - January 6, 2016 - Probate

(This is part 2 in a 4-part series) After a loved one dies, their estate must be settled. While most people want the settlement process to be done ASAP, probate can take between 18 and 24 months. Yes, you heard that right. The time delays create unnecessary stress. 4 Reasons Probate Takes So Long There are many […]

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NOSEY NEIGHBOR NELLIE CAN FIND OUT ABOUT YOUR PROBATE. REALLY.

Gabriel Katzner - January 5, 2016 - Estate Planning

(This is part 1 in a 4-part series) Most people think of probate as a private process. However, since wills are filed at the courthouse, probated estates become a matter of public record. That means your nosey neighbor Nellie can simply go down to the courthouse or hop online and find out about your probate. […]

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CELEBRITIES WHO FAILED TO RECOGNIZE UNBORN CHILDREN IN THEIR WILLS: A TEACHABLE LESSON

Gabriel Katzner - - Estate Planning

Having an estate plan that protects and provides for your loved ones is not only smart, but it’s also necessary. Without one, your family, friends, or the charitable organizations you wish to provide for may not receive your gifts. It’s also important to remember to update your estate planning documents whenever something changes that would […]

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ARE HANDWRITTEN INTENTIONS ENFORCEABLE

ARE HANDWRITTEN INTENTIONS ENFORCEABLE? PRINCESS DIANA THOUGHT SO

Gabriel Katzner - - Estate Planning

Princess Diana of Wales was one of the world’s most loved celebrities – and one of the richest.  Her tragic death in 1997 was world news. The majority of her estate, reportedly worth $40 million at the time of her death, was divided between Prince William and Prince Harry in her estate plan. However, she […]

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3 MEGA-CELEBRITIES WHO DIED WITHOUT A WILL: DO NOT FOLLOW IN THEIR FOOTSTEPS!

Gabriel Katzner - December 22, 2015 - Estate Planning

A will documents who gets what (and when) after you die. Without a will, state law doles out your belongings. In many cases, your assets may end up in the hands of complete strangers.  That’s exactly what happened to these three mega-celebrities: James Dean. Dean died intestate (without a will) in 1955 at the age […]

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BIG BANG THEORY STAR’S “IRONCLAD” PRENUP CHALLENGED: HOW DOES YOURS COMPARE?

Gabriel Katzner - - Estate Planning

The Big Bang Theory actress Kaley Cuoco is one of the highest-paid actresses on television. She earns one million dollars per episode and has a net worth of $44 million. Before she married tennis star Ryan Sweeting in 2013, Cuoco asked him to sign a prenuptial agreement (“prenup”). After less than two years of marriage, […]

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