J.P. “Big Bopper” Richardson – Oct. 24, 1930 – Feb. 3, 1959 (age 28) Buddy Holly – Sept. 7, 1936 – Feb. 3, 1959 (age 22) Ritchie Valens – May 13, 1941 – Feb. 3, 1959 (age 17) On February 3, 1959, a plane traveling from Mason City, IA to Fargo, ND crashed in the […]
Some people continue to ask why they need an estate plan, especially since Congress passed the American Taxpayer Relief Act, which made the $5 million federal estate tax exemption permanent. The question is often, “If my estate is under $5 million, why do I need an estate plan or need to be concerned with any […]
May 4, 1929 – January 20, 1993 Today is the 20th anniversary of Audrey Hepburn’s death. Audrey Hepburn was a beautiful, iconic Hollywood actress, who eventually left the movie star life and began doing humanitarian work for UNICEF. Ms. Hepburn was born in Belgium and spent part of her childhood in the Netherlands during World […]
We have written about the benefits of utilizing revocable trusts for incapacity planning, probate avoidance and out-of-state real estate. However, we often get the question from couples, “Why do we need two trusts? Why can’t we just have one joint trust?” To be honest, in some instances, a joint revocable trust might be the appropriate option […]
February 16, 1935 – January 5, 1998 It has been 15 years since Sonny Bono died in a ski crash on Heavenly Ski Resort in California. Mr. Bono died at 62 years old. Mr. Bono was a famous singer and television star, most notably from The Sonny and Cher Show. Later in life, he became […]
April 16, 1889 – December 25, 1977 It has been 35 years since the comedic actor, Sir Charles Spencer Chaplin, died at the age of 88. Chaplin started performing at the of age 5 years old, the child of two entertainers. Chaplin performed on stage and in the movies for most of his life. He […]
March 2, 1917 – December 2, 1986 Desi Arnaz died at the age of 69 of cancer. He was from Santiago, Cuba and move to the United States with his family when he was young. He began his career as a musician and made his way to Broadway. He met his famous wife, Lucille Ball, […]
September 5, 1946 – November 24, 1991 It has been over 20 years since the face of the band Queen, Freddie Mercury, passed away at the age of 45. Mercury was born in Zanzibar and ultimately moved to England in 1964 to flee the Zanzibar Revolution. In 1970, Queen was formed. Mercury worked with the […]
March 29, 1867 – November 4, 1955 Born Denton True “Cy” Young, he is one of the most famous major league baseball pitchers of all time. He played for a total of 5 different major league baseball teams during his career from 1890 to 1911. His record for most career wins for a pitcher still […]
I noted in my post, Second Marriages and Blend Families, individuals who are remarried and have children from a previous relationship may want to establish a plan to ensure the children from the prior relationship still inherit from his or her estate. Typically when a spouse passes away everything is left to the surviving spouse. But […]
Ronnie Van Zant: January 15, 1948 – October 20, 1977 Steve Gaines: September 14, 1949 – October 20, 1977 Cassie Gaines: July 5, 1948 – October 20, 1977 It has 35 years since the plane carrying the band members of Lynyrd Skynyrd, and others, crashed in Gillsburg, Mississippi. 6 people died and the others injured. […]