Financial Advisor Hub Estate Planning


  • May 23- Viacom Inc Chief Executive Philippe Dauman filed a complaint Monday to stop Sumner Redstone from removing him and George Abrams from the media mogul's trust, Dauman and Abrams said in a statement Monday. "Shari Redstone is attempting to illegally hijack her father's well-established estate plan," Dauman said in a statement Monday morning.

  • NEW YORK, May 19- In the month since Prince died and his heirs began wrangling over his estimated $300- plus million estate, many Americans have moved "draft a will"- arguably one of life's most unpleasant tasks- to the top of their to-do lists. Since then,, a legal information site, saw a 24 percent spike in sales for its downloadable WillMaker service, 42 percent...

  • Prince performs 'Purple Rain' in Los Angeles, Feb. 8, 2004.

    Most Americans don't have a will, but drawing one up is vital to avoid intestacy, ensure your legacy and protect minor children.

  • The musician Prince performs in 1981.

    Having a will is not just for multimillionaires. If you own personal property, you'll need to make your wishes known.

  • What needs to be in your will

    Having a will is just as important for ordinary folks as it is for multi-millionaires--and failing to organize your estate is a major financial mistake for anyone. CNBC’s Sharon Epperson offers simple steps to help you set up your will.

  • Prince

    Lawyers charged with untangling the multi-million dollar estate of music superstar Prince head to court on Monday.

  • NEW YORK, April 15- Nearly 70 percent of baby boomers view a gift of money as an expression of love, according to a Merrill Lynch survey released on Friday. While this may sound wonderful, it can complicate estate planning, especially if the generation receiving the inheritance sees things differently. You don't want somebody to feel less loved, " Michael Liersch,...

  • NEW YORK, Feb 2- Burned by the housing bust of 2008, more black Americans are tying up their wealth in the U.S. equity market through workplace retirement plans, experts say. "Initially, my experience was that black Americans were more prone to invest in real estate- things they could touch, feel, see," said Jerry Murphy, a certified financial planner at JDM Financial&...

  • Year-end checklist

    Financial advisor Manisha Thakor of The BAM Alliance says a good annual, year-end person-finance checklist should address estate planning, insurance and investment portfolio questions.

  • Cloud computing online storage vault

    New digital archives designed for estate planning present a slew of risks for people trying to ensure their heirs don't inherit disarray.

  • More couples are using lifestyle clauses in nuptial contracts, covering gambling, drugs, affairs, even quality time spent together.

  • Personal Finance estate planning

    As advisor practices evolve beyond investments, more are taking on the task of end-of-life decisions for clients, using new technology.

  • Money dollars giving

    Due to longer lives and higher health costs, more boomers are earmarking their estates for their own use rather than willing them to heirs.

  • Senior man looking at paperwork

    An airtight estate plan takes the guesswork out of who gets what when you die and delineates your wishes for end-of-life medical decisions.

  • Life insurance often gets short shrift, thanks to people's preconceived ideas, which, say advisors, results in some fairly common mistakes.

  • How to gain control of your legal life

    Lisa Green, "On Your Case" author, shares her ideas on how people can legally control every aspect of their lives, including marriage, divorce, and estate planning.

  • Last Will and Testament

    Warren Buffett is leaving his billions to charity, and many boomers are following suit to avoid turning their kids into rich loafers.

  • Robin Williams with wife Susan, left, and daughter Zelda Williams in 2011.

    When assets are being passed on to kids, trouble can quickly ensue. For people who remarry, prenups and even postnups need to be airtight.

  • Do you have a will, a budget or life insurance? For most Americans, the answer is "no." What planning documents you need, when.

  • Robin Williams during "Patch Adams" premiere at the Ziegfeld Theater in New York.

    The spokeswoman for Robin Williams' family debunked widespread reports that the comedian, who died Monday in a suspected suicide, had money troubles.