Vanessa Terzian E: vterzian@lagerlof.com PH: 818-864-6174 | Edward Terzian E: consultation@inheritancerecovery.com PH: 818-579-2358
Hollywood Legend Lauren Bacall Leaves Large Estate and Two Potentially Large Headaches for Heirs Legendary Hollywood actress Lauren Bacall died on August 12, 2014, leaving behind an estate estimated at $26.6 million and three children who face a couple of potentially serious problems that could have been avoided through effective estate planning. Bacall, who was…
The 4 Key Life Skills Your Children Need to Have Before They Inherit Inherited wealth need not be “an albatross around the neck of the children” as Sting so succinctly put it recently when asked if he was leaving his wealth to his children. His children will not see much of his millions, but not…
How to Prepare Your Heirs to Receive, Protect and Grow Their Inheritance When we think of vast family wealth, most of us know the name Cornelius Vanderbilt, the railroad and shipping scion of one of the richest families in America in the 19th century. When he died in 1877, he left a fortune of $100…
Pasadena Estate Planning Attorneys Discuss Financial Self Protection Tips for the Newly Single Whether you have a lost a spouse or partner through divorce or death, being thrust into singlehood can be an emotionally and financially jarring experience. To get yourself back on firm footing, at least financially, follow these five steps: Finalize financial plans.…
Top 5 Myths About Incorporating Your Business Choosing the right type of entity for your business is a critical decision that can have long-lasting ramifications in terms of taxes and personal liability. It is not unusual for those starting a business for the first time to have some misconceptions about incorporation; here are the top…
Business Attorney in Pasadena Discusses Founder’s Agreements How to Properly Structure a Founder’s Agreement for Your New Venture We are a nation of entrepreneurs, but we are also living in a litigious society, so if you are starting a new venture and there are other founders involved, a founder’s agreement is essential to protecting your…
Robin Williams: A Lesson in Deeds, Not Words + One Error in Planning One of the most eloquent responses to Robin Williams’ death came from his best friend Billy Crystal, who posted on Twitter simply: “No words.” When someone close to us dies — especially in a sudden and tragic way — the grief is…
Pasadena Elder Law Attorney; Elder Law Attorney in Glendale discusses planning for Dementia Legal Steps to Take When Facing a Dementia Diagnosis Maria Shriver knows the devastation of Alzheimer’s disease firsthand. Her beloved father Sargent Shriver, founder of the Peace Corps and one-time candidate for Vice President of the United States, died of the disease…
Wills and Trusts, Kids Protection Planning Pasadena A Plan for Protecting Your Most Valuable Asset: Your Children If you have young children, chances are that your summer activities include some careful planning to keep them safe from harm. Unfortunately, even with proper precautions in place, accidents do happen and not just to children. Have you…
Elder Law Attorney in Pasadena, CA Discusses Inheritance Planning Will the Inheritance You Leave Be a Blessing or an Albatross? Rock musician Sting recently announced that his children will not inherit his estimated $300 million fortune, saying that these riches are “albatrosses around their necks.” The product of a British working class background, Sting is…