Vanessa Terzian E: vterzian@lagerlof.com PH: 818-864-6174 | Edward Terzian E: consultation@inheritancerecovery.com PH: 818-579-2358
Preventative Measures When oil tycoon J. Howard Marshall died at 90, a slew of lawsuits erupted between his widow – 27-year-old former Playmate Anna Nichole Smith – and his children from a previous marriage. This litigation continued years after his death. The amount of money at stake my be much higher, but this story is…
International estate planning is not just about the wealthy shifting assets to tropical locations via offshore trusts (that is a subject for another time). In the global environment we live in today many of us have financial interests outside of the U.S. These interests are subject to the tax laws of other countries and the…
5 Common Ways People Mess Up Their Estate Plan 1. Misunderstand How Your Assets will Pass on Your Death. Many people think their Wills control how their assets will pass upon their death, yet most assets today pass outside of Wills. For instance, joint tenancy assets pass to the surviving joint tenant. If there is…
The following are the most common business entities: * Corp., Inc. (Corporation, Incorporated): used to denote corporations (public or otherwise). These are the only terms universally accepted by all 51 corporation chartering agencies in the United States. In most states sole proprietorship and partnerships may register a fictitious “doing business as” name with the word…
For those of you with children, you know there is nothing better than giving your child a gift and seeing their face light up. Having a comprehensive estate plan in place and making sure your family is provided for is one of the best gifts you can give your children. That is why in addition…
Protect Your Pad We unfortunately live in a very litigious society and many of us have been affected by a lawsuit threatening our assets. Of all my assets, I am very attached to my home and the memories my family and I have made there. Ironically, protecting your home from creditors and lawsuits is particularly…
Why do I need a Trust? Since I’ve been getting this same old question over a over lately, I think it is time to re-visit the basic reasons it is soooo important to have a trust. A trust is a type of legal entity that can own and hold title to property held for the…
If your parents are like mine, they worked late nights, woke up early hours and ensured I got an excellent education and never wanted for anything (I even loved my little Sentra they gave me at 16). They did a great job raising me and I hope one day I can return the favor when…
Protect Your Pad We unfortunately live in a very litigious society and many of us have been affected by a lawsuit threatening our assets. Of all my assets, I am very attached to my home and the memories my family and I have made there. Ironically, protecting your home from creditors and lawsuits is particularly…