Should You Leave Your Timeshare in Your Trust? Timeshare in a trust. Do you own a timeshare? Over the past few decades owning a timeshare has become a popular investment. Whether you purchased it as a vehicle for a great family vacation, an occasional getaway, or to...
What is Capital Gains? This post will provide a Capital Gains 101 overview. There are many special rules that apply to how you acquire your capital assets, how long you hold them, and how different assets are treated. I am not a tax lawyer, CPA, or other tax...
Key Elements of a Book Contract. Whether you are being traditionally published or being published by a vanity (aka subsidy) press, you will almost always be required to sign a book or publishing contract. This agreement will spell out the terms of your relationship...
What is a Copyright? Copyrights are part of the intellectual property (IP) bundle of rights. Other forms of IP that are part of the bundle ar trademarks, patents, rights of publicity, and trade sectrest. A copyright is a legal form of protection for “original” works...
Pet Trusts. As with anything in life, sometimes things don’t work out as planned. So, my belief is to always have a Plan B. When you prepare accordingly, it’s more likely you will have a successful outcome. Here are three examples of creative planning by pet owners....
Estate Planning Inventory. Estate Planning Inventory and sometimes called an Estate Planning Checklist is an essential tool. Do you have an estate plan, which may include a trust, a will, a power of attorney, and healthcare directive? When was the last time you...
Copyright Small Claims - a Gift to Copyright Owners Are you a copyright owner with an infringement claim of less than $30,000? If so, there is possibly good news for you. In December 2020, Congress passed the Copyright Alternative in Small Claims Enforcement of 2020...
Why Pet Owners Should Consider a Pet Trust. Pet trust. Creating an estate plan is about protecting what’s important to you. Most estate planning conversations focus on the spouse, the children, and in some cases the grandkids. If you are like me, a devoted parent of...
Effective estate planning takes into account many things. It’s not just about how your assets are treated when you die, it’s about protecting your assets during your lifetime. Trust instruments are an important vehicle in the effective estate planning toolkit. A...