It’s happened again, another wealthy celebrity passed away and did not have a will nor did she have a trust set up. Aretha Franklin will be joining the dozens of other celebrities who also died without leaving a will. Big names such as Prince, Jimi Hendrix, Pablo Picasso, Kurt Cobain, Howard Hughes, Michael Jackson, Sonny Bono and even Martin Luther King, Jr. all passed away without having a will. Prince died in April 2016. His estate is still tied up in the courts. Not a si
There are millions of Americans who seem to be born with some kind of an entrepreneurial inclination. Think back to the Gold Rush times when tens of thousands headed west to claim their stake, or the Industrial Age where so many people made their mark with innovative inventions. The 1990s-2000’s belongs to the millions who took to the internet starting .com businesses. More than 28 million small businesses in the U.S. or the equivalent to about 10% of our labor force own thei
Buying or selling a business can be the largest transaction you will ever make, even larger than buying or selling a house. There are countless issues you have to review and analyze when considering buying or selling a business in this highly competitive and lawsuit environment. Gantenbein Law Firm counsels clients on making these life-important decisions. If you’re buying or selling a business, there are numerous legal hurdles to contend with that will directly determine you
Your Estate Plan may consist of a Last Will and Testament, Trust, Power of Attorney and other important documents that need a tune-up from time to time. Not just because your life may have changed, but outside events can affect what’s in your estate plan as well. One recent outside event is the new tax reform that Congress passed at the end of December. Did the tax reform, or new estate tax limits affect or alter your estate plan? It’s the beginning of the year and time to th
When you own a small business and are thinking of selling a portion of your business to investors, you’ll want to know everything there is before making any kind of a commitment. Established companies and almost all start-up companies think about raising business capital at some time and will turn to the possibility of taking on investors. There are many reasons to sell a percentage of your business, but generally, businesses sell in order to raise capital to help bridge the
The decisions regarding end-of-life arrangements can be difficult to deal with. Whatever assets you have, an experienced and qualified estate planning attorney can evaluate your financial situation and create a plan that is custom-fitted to your needs. There are many aspects to consider besides the financial assets such as; taxes, medical issues, business succession, heirs, directives, Power of Attorney, living wills, guardianship designation, burial instructions and trusts.