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Forbush Legal PLLC
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The average cost of funeral services is much cheaper in some states than others. The reason for that is a simple matter of the choices that people make. Dying can be very expensive - if you do not have a plan in place to cover these costs, the burden most... Continue reading
Posted 1 hour ago at Forbush Legal, PLLC
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Here at Forbush Legal, we pride ourselves on having the best quality people as part of our team. Today we have a fun brag-worthy reason to showcase some of that! Chuck Smith joined our team in 2007 as our office manager and is always going above and beyond behind the... Continue reading
Posted Dec 29, 2017 at Forbush Legal, PLLC
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Hernandez put millions of dollars in an irrevocable trust. It appears that Aaron Hernandez, who committed suicide while in prison, might have placed money in an irrevocable trust for the benefit of his daughter. However, concerns of fraud have come to light, according to Yahoo! Sports in "Report: Aaron Hernandez... Continue reading
Posted Dec 26, 2017 at Forbush Legal, PLLC
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Every year we hold a toy drive to collect gifts for foster children in Colorado Springs. Every year we are absolutely amazed at the generosity of our clients and collaborative partners who donate to this cause. Not only did we filled up the back of my SUV with tons of... Continue reading
Posted Dec 22, 2017 at Forbush Legal, PLLC
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The end of 2017 is an especially interesting and busy time for our firm and we would like to share some exciting news as we head in to the New Year. Effective December 15th, 2017, Doug Goldberg and I [Kevin Forbush] have decided to separate our practices and continue serving... Continue reading
Posted Dec 18, 2017 at Forbush Legal, PLLC
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How many people do you truly trust with your money? The temptation of holding large sums of money that belong to someone else must be great... so it would be wise to set up your estate in a way that allows you to choose who that person will be after... Continue reading
Posted Dec 4, 2017 at Forbush Legal, PLLC
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This is such a great question! It is also a question that comes up all the time, especially from folks who attend our educational workshops that take place quite frequently. Often times the folks who join us have this exact question on their minds but have not had the courage... Continue reading
Posted Nov 29, 2017 at Forbush Legal, PLLC
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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 Nov 20, 2017 at Forbush Legal, 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 Nov 17, 2017 at Forbush Legal, 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 Nov 15, 2017 at Forbush Legal, 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 Nov 13, 2017 at Forbush Legal, 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 Legal, 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 Legal, 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 Legal, 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 Legal, 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 Legal, 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 Legal, 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 Legal, 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 Legal, 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 Legal, 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 Legal, 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 Legal, 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 Legal, 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 Legal, 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 Legal, PLLC