Lottery Winner Now What

Lottery Winner Now What

I Won The Lottery, Now What? We have represented many lottery winners over the years.  If you are a lottery winner, “Now what?” is the question on your mind.  We approach this question with our clients not just from a legal or financial perspective, but from from the view of its wholistic impact on both…

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Estate Planning for Hyper Inflation

Estate Planning for Hyper Inflation

Hyper Inflation Planning for inflation is challenging.  Inflation is a tricky monster.  It creates the illusion of an increase in value.  When prices go up, things are worth more.  Right?  Wrong!  With inflation, prices go up, but value remains the same.  In reality, inflationary price increases mean the currency is worth less.  Inflation means that…

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Special Needs Trust

Special Needs Trust

Special Needs Trust Definition Many times, there are certain people who should NOT receive outright distributions from a Trust.  Some of these times include: When the individual is not able to handle or manage their own affairs, When it would cause the individual to lose other non-Trust benefits, When the individual is vulnerable to exploitation…

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Intentionally Defective Grantor Trust

Grantor Trust

What is an Intentionally Defective Grantor Trust? A Trust can be subject to multiple kinds of taxes, and can be taxed in different ways.  To make sense of what an “Intentionally Defective Grantor Trust” is, we must consider two different kinds of taxes:  income taxes and estate taxes.  These two different taxes are imposed at…

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