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Forbush Legal PLLC
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Changes in your life can sometimes result in changes to your will. As you pass through the stages of adulthood, many changes will most likely occur and you need to know which changes are the most important as far as your estate plan is concerned, according to the Cleveland Jewish... Continue reading
Posted 7 days ago at Forbush Legal, PLLC
Cryptocurrencies bring high risk, along with the potential for substantial rewards. Cryptocurrencies have become attractive to investors, despite the volatility of the market along with the flipside of high returns. However, that also brings a challenge to estate planning, according to the Financial Standard in "Crypto assets rewrite estate planning."... Continue reading
Posted Apr 12, 2018 at Forbush Legal, PLLC
There are many reasons to revisit your estate plan, including the new tax laws. The recent focus on the new tax laws might make people not affected by the estate tax think they have no need to review their estate plans. There are a number of reasons to take a... Continue reading
Posted Apr 11, 2018 at Forbush Legal, PLLC
Estate planning requires a value be listed for your assets. However, some assets may require extra planning. The value of financial accounts is easy to determine. However, there may be many items in your estate that are more difficult to value and those items need extra planning, according to the... Continue reading
Posted Apr 10, 2018 at Forbush Legal, PLLC
Will reveals that he was not happy with his daughter and her children. Tom Benson, the wealthy owner of the New Orleans Saints and Pelicans, recently passed away. His will makes it very clear that he was not happy with his daughter and grandchildren, according to the New Orleans Advocate... Continue reading
Posted Apr 9, 2018 at Forbush Legal, PLLC
Long term care insurance was sold aggressively in the 1980s, 90s and thereafter to offset the costs of seniors needing to live in a nursing home, assisted living or needing at home health care. Now, however, the business of long term care insurance has dramatically changed. What was once over... Continue reading
Posted Apr 5, 2018 at Forbush Legal, PLLC
The water gets even more muddy in settling the estate of former NFL player Another lawsuit filed in the Aaron Hernandez case has sparked more complications, according to the Boston Globe in "Another lawsuit emerges in the Aaron Hernandez legal saga." Hernandez, who was a former NFL player, committed suicide... Continue reading
Posted Apr 3, 2018 at Forbush Legal, PLLC
Mother left him $800,000 and he was going after his share. Two months before the Florida school shootings, Nikolas Cruz hired an attorney in an attempt to get his portion of an inheritance left to him and his brother from his mother, according to Fox News in "Nikolas Cruz tried... Continue reading
Posted Mar 26, 2018 at Forbush Legal, PLLC
So far eternal life is not a reality, so it might be best to make other plans. Some people think there is the possibility of a breakthrough in science to allow us to live forever. However, it might be best to consider the alternative for now, according to the Daily... Continue reading
Posted Mar 19, 2018 at Forbush Legal, PLLC
This is such an important and relevant topic! Please read this; lets start taking the time to notice the warning signs and take action when necessary. Nursing home abuse or neglect is defined generally as any action or failure to act that causes unreasonable suffering, misery, or harm to the... Continue reading
Posted Mar 13, 2018 at Forbush Legal, PLLC
The painting was lost decades ago and is now the focus of lawsuit. A painting of Jackie Bouvier that has been missing for decades has resurfaced, according to the Daily Mail in "Estate of Grey Gardens socialite sues for the return of a long-lost portrait of 19-year-old Jackie Kennedy that... Continue reading
Posted Mar 8, 2018 at Forbush Legal, PLLC
Several states have stepped forward to protect the elderly. A national move may be next. Some people believe the federal government should step in and create a national law that protects the elderly from financial exploitation. The House of Representatives has begun the process, according to Think Advisor in "House... Continue reading
Posted Mar 7, 2018 at Forbush Legal, PLLC
Retirement age may not matter as much as what you choose to do in retirement. Researchers in The Netherlands studied people in similar work and found that those who chose early retirement ended up living longer on average than those who did not, according to The New York Times in... Continue reading
Posted Mar 6, 2018 at Forbush Legal, PLLC
If the younger generation doesn’t know how to preserve wealth, the money may not last very long. While transferring inter-generational wealth can be handled through good estate planning, it appears that making plans is not necessarily enough to for the wealth to be properly preserved, according to Forbes in "The... Continue reading
Posted Feb 7, 2018 at Forbush Legal, PLLC
FBI launches investigation, but it remains unclear whether funeral home violated any law. The owner of a funeral home in Colorado may have set up a side business selling body parts and used the proceeds to fund a trip to Disneyland, according to the New York Post in "Funeral Home... Continue reading
Posted Feb 5, 2018 at Forbush Legal, PLLC
A divorce will most likely change everything. Therefore, decisions need to be made. The Wills, Trusts & Estates Prof Blog recently listed some things that need to be done after a divorce in "Don’t Let Divorce Distract You from Important Estate Planning Considerations." One of the issues concerning the high... Continue reading
Posted Feb 2, 2018 at Forbush Legal, PLLC
Your choice of attorney and your own clear thinking is a good beginning. Asking yourself the right questions before you get started in looking toward creating an estate plan is good preliminary work, even before hiring a good estate attorney, according to Market Watch in "Giving your money away when... Continue reading
Posted Feb 1, 2018 at Forbush Legal, PLLC
Some careful planning by Franklin created an estate plan that should be studied. Ben Franklin is credited for creating many, many things in his lifetime, including helping to create the United States, but one of the things that is not discussed is how Franklin handled what he wanted done with... Continue reading
Posted Jan 30, 2018 at Forbush Legal, PLLC
Procedural mistakes may turn out to be costly to the IRS case. If the IRS wins a court fight on the value of Michael Jackson’s estate, the estate would need to pay a 40% penalty on top of the amount of taxes owed. However, some procedural errors by the IRS... Continue reading
Posted Jan 24, 2018 at Forbush Legal, PLLC
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 Jan 22, 2018 at Forbush Legal, PLLC
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
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
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
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
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