Posts Tagged: beneficiaries

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Framework for a Legacy: Your Art Collection & Estate Planning

The headlines are abuzz with a new world record for any artwork sold at an auction or privately. Leonardo da Vinci’s painting, “Salvator Mundi,” sold for $450.3 million (including the auction house fees) at Christie’s in New York to a private buyer, after an intense 20 minutes of phone bidding. Why such a high price… Read more »

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Estate planning for Married Couples: Avoid Conflicts of Interest

Estate planning is all about strategy—leaving the right assets and inheritances to the right beneficiaries; timely distributions of the estate; and avoiding as many taxes and fees as possible. Another strategic move is deciding whether you and your spouse should use the same lawyer, or whether you should each have your own lawyer. If you… Read more »

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Estate Planning Considerations: Requisite Formalities

Estate planning documents express your wishes in the event of your disability or death. However, estate planning documents must follow certain formalities to be legally enforceable. If your estate planning documents lack these formalities, they may not be enforceable, which could be disastrous for your loved ones and beneficiaries. Iowa Requirements Keep in mind estate… Read more »