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Forbush Legal Offices
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Yay! The holiday season has returned! As such, so has our annual holiday toy drive! Forbush Legal is collecting gifts for children of all ages (0-17) to be donated to Hope and Home. Hope and Home is an organization that serves children in Colorado Springs who will spend their Christmas... Continue reading
Posted 14 hours ago at Forbush Goldberg, PLLC
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The distribution of your assets as you want them, relies on an up-to-date plan. Most successful business people are aware that they need an estate plan. A recent survey found that 9 out of 10 of entrepreneurs have at least a will, if not more estate planning documents. However, there... Continue reading
Posted 3 days ago at Forbush Goldberg, PLLC
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Woman was never acknowledged by Lewis, but she feels entitled to a share of his estate. A woman who claimed she was the daughter of Jerry Lewis was never acknowledged by him. He never made an effort to see her, despite her attempt to do so in 1980. However, she... Continue reading
Posted 5 days ago at Forbush Goldberg, PLLC
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The recent death of a TV personality in the U.K. highlights the advantages and disadvantages of the systems. U.K. television personality Bruce Forsyth disliked the British system of estate and gift taxes, so he avoided the situation by leaving everything to his wife who has a full “spousal” exemption from... Continue reading
Posted 7 days ago at Forbush Goldberg, PLLC
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Some patients may be better off being allowed to pass away peacefully and with as little pain as possible, when death becomes inevitable. Changes in society, including a growing population of elderly and funding questions has created challenges for the hospice industry, according to Politico in "Hospice in crisis." The... Continue reading
Posted Oct 25, 2017 at Forbush Goldberg, PLLC
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Once the elderly stop driving, they need a new mode of transportation and that may be ride sharing. New companies are working toward finding a solution to the problem of the elderly needing transportation, when they no longer drive their own cars, according to Politico in "Uber, but for Grandma."... Continue reading
Posted Oct 24, 2017 at Forbush Goldberg, PLLC
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Minimum disbursements can be a problem but not necessarily, if you have an inherited Roth IRA. Because a Roth IRA is subject to the current income tax when contributions are made, the money is not taxed later when it is taken out of the account. This can make inheriting a... Continue reading
Posted Oct 23, 2017 at Forbush Goldberg, PLLC
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Disagreement between stepparents and stepchildren isn’t unusual. However, the fight over Thicke’s estate is taking interesting turns. Alan Thicke and his widow had a prenuptial agreement that gave her certain assets upon his death. She said publicly that she was satisfied with what she was supposed to inherit under the... Continue reading
Posted Oct 20, 2017 at Forbush Goldberg, PLLC
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The primary benefits can’t be paid out, if there is confusion on the beneficiary. One benefit of life insurance in estate planning is to give the heirs some ready cash while the estate is being settled. However, it doesn’t always work out that way, according to BNA - Pension &... Continue reading
Posted Oct 19, 2017 at Forbush Goldberg, PLLC
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It seems to be difficult to save for elder years and there are fewer and fewer pensions offered. It is thought that people can save more through their 401(k) during their working years than with traditional pension plans. However, the truth is that they aren’t always saving enough. A crisis... Continue reading
Posted Oct 18, 2017 at Forbush Goldberg, PLLC
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The comedian apparently had severed all ties with first wife and their children. As some of the details from the will of legendary comedian Jerry Lewis are released, it is learned that he cut all of his sons out of it, according to the Los Angeles Times in "Jerry Lewis... Continue reading
Posted Oct 17, 2017 at Forbush Goldberg, PLLC
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Storms can force temporary relocation to another state, as well as another look at your plan. Once again multiple hurricanes have hit the U.S. They have caused the displacement of people as they await the rebuilding of their homes. The state laws where you are temporarily relocated could consider you... Continue reading
Posted Oct 16, 2017 at Forbush Goldberg, PLLC
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Few people have any idea what a copyright protects or how it is enforced. Just how do you pass it along from generation to generation? Passing on copyrights and transferring them in an estate plan can be complicated, according to the Wills, Trusts & Estates Prof Blog in "Planning and... Continue reading
Posted Oct 13, 2017 at Forbush Goldberg, PLLC
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Driving requires quick reflexes and good motor skills. Families face difficulties with the elderly, when safety comes into question. Elderly people who have always been independent, can run into family difficulties and tension when it appears it is time to give up the driver’s license and rely on others, according... Continue reading
Posted Oct 12, 2017 at Forbush Goldberg, PLLC
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Regardless of language, the White House has an interesting viewpoint of the estate tax. In an attempt to convince the Democrats that the estate tax is not needed, White House advisor Gary Cohn justified its elimination by explaining that only morons pay it, according to CNBC in "'Only morons pay... Continue reading
Posted Oct 11, 2017 at Forbush Goldberg, PLLC
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While it may be of sentimental value to you, it could make it difficult for your heirs when you ask to have your ashes spread at a Disney theme park. The Disney theme parks use code words to describe common occurrences. One of them is “white powder event.” But that... Continue reading
Posted Oct 9, 2017 at Forbush Goldberg, PLLC
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Avoiding probate is a good idea, but not at the cost of losing your home. There are better ways to avoid probate than giving your house to your children, according to The New York Times in "Leaving a Home to Heirs While You're Still Alive." One method people have used... Continue reading
Posted Oct 6, 2017 at Forbush Goldberg, PLLC
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Estate planning should be a necessary part of the preparation for college. People should consider seeing an estate planning attorney as part of their college preparations, according to the Financial Advisor in "College Students Need A Power of Attorney." At the very least, this should be done to obtain a... Continue reading
Posted Sep 25, 2017 at Forbush Goldberg, PLLC
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Many elderly retirees with straining budgets are turning to their children for financial help, just as they are reaching retirement age themselves. Some members of the workforce are having to delay retirement, so they can financially help their own parents as the life expectancy continues to rise, according to the... Continue reading
Posted Sep 15, 2017 at Forbush Goldberg, PLLC
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Jerry Lewis owned everything in his movies and they are in a trust. Jerry Lewis, who passed away recently, was one of the most famous entertainers in history. However, he may have left behind a relatively small estate and a clue may be an old real estate transaction, according to... Continue reading
Posted Sep 14, 2017 at Forbush Goldberg, PLLC
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Life insurance policies pay out immediately upon death and can help the family through difficult times. However, it is important to make sure that you do not mislead the insurance company. If you decide to use life insurance as an estate planning tool, you may be required to fill out... Continue reading
Posted Sep 13, 2017 at Forbush Goldberg, PLLC
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Changing circumstances should spark a fresh look at an estate plan. Britney Spears, who currently has a will that would leave all of her assets to her two minor sons when she passes away, has taken a fresh look at her circumstances and decided she’d like to change the distributions... Continue reading
Posted Sep 12, 2017 at Forbush Goldberg, PLLC
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Some mistakes can be costly and create problems for your family. Should you make mistakes in a do-it-yourself will, the heirs are the ones who will most likely foot the bill to straighten it out, according to Market Watch discusses in "The problems with doing your own estate planning." If... Continue reading
Posted Sep 11, 2017 at Forbush Goldberg, PLLC
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In the past, physical property were the primary assets tracked for an estate plan. However, the digital age has created some challenges. Unlike in past decades, a lot of important business is conducted online today. However, it does not leave a paper trail. This makes the job of estate executor... Continue reading
Posted Sep 8, 2017 at Forbush Goldberg, PLLC
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Legal formalities are the key to a valid will. However, undue influence can create a major challenge. Undue influence on a testator is difficult to prove but not impossible, according to the Wills, Trusts & Estates Prof Blog in "Corpus Christi Court Upholds Undue Influence Verdict." A will is assumed... Continue reading
Posted Sep 6, 2017 at Forbush Goldberg, PLLC