A recent article in Kiplinger, How To Avoid Aretha Franklin and Prince’s Estate Planning Errors, discusses the Estates of James Brown, Aretha Franklin and Prince. Each of them left estates that were the subject of years of litigation. Each of them could have avoided those problems by planning for their death.
Among the recommendations in the article are:
Of course, there are other factors to consider. If you want help planning your estate, the Elder Law Practice is available to help. Contact us at 706-428-0888 or by email at info@mcguffey.net.
People regularly ask "how do I plan for my loved one with special needs." There…
At the Elder Law Practice, we don't assume everyone needs a trust. We tend to…
On March 11, 2025, my father, James L. McGuffey passed from this life. The greatest…
Qualified Income Trusts (also known as Miller Trusts or a QIT) are necessary when the…
Trusts, like everyone else, pay taxes when they earn income or sell capital assets for…
People often visit us and ask about using a trust to protect assets in the…