by Manish C. Bhatia | Jun 1, 2016 | News + Trends
> The benefits of asset protection must be considered when you are building wealth, not when you need to protect it. > Transfers of property that occur specifically for the purposes of hindering, delaying or defrauding creditors are considered fraudulent. >...
by Manish C. Bhatia | May 1, 2016 | News + Trends
> Without an estate plan, Prince’s half-siblings will stand to inherit the same share as his full-sibling. > Failure to plan for a potential estate tax liability may lead to a forced liquidation of estate assets, including his vault of unreleased music. >...
by Manish C. Bhatia | Apr 1, 2016 | News + Trends
> Proper advice and planning can protect inheritances from creditors, bankruptcy and divorce. > Non-marital property that is commingled with or treated as marital property will also be subject to equitable division upon divorce. > While divorce is a...
by Manish C. Bhatia | Mar 1, 2016 | News + Trends
> While estate taxes cannot always be avoided, they can be minimized through proper planning. > Privacy and probate avoidance can benefit estates of all sizes, not just celebrity estates. > If specific funeral wishes are important, they should be clearly...
by Manish C. Bhatia | Feb 1, 2016 | News + Trends
> Proper planning is necessary to keep a closely-held business in the family. > Failing to plan for ownership and financial transitions can lead to a forced sale or family conflict. > Trust ownership can allow for a smooth transition without the asset having...
by Manish C. Bhatia | Jan 3, 2016 | News + Trends
> If the original Will cannot be located, state law and the probate court will determine whether a copy can be accepted. > It is important to locate your original Will or have a new Will prepared and executed. > A complete estate plan can alleviate the...