A client’s son called and told me that we had a problem. “Dad wrote a $10,000 check to the housekeeper,” he said, “what do we do now?”
I helped establish a trust for the gentleman I’ll call “Don” many years ago. Don acted as his own trustee over his trust, as is common with most […]
“Calvin” visited with me recently, armed with spreadsheets describing the distributions he wanted his revocable trust to implement following his death. He made various assumptions about his investment’s expected rate of return, the amount of money and assets his surviving spouse would require to maintain her current standard of living, the years of his and […]
Regular readers of this column know that from time to time I’ll divert from estate planning topics to review economic and social trends that affect us all. Today I’m going to discuss the experience economy, which is a trend defining luxury as a move away from retail goods and towards experiences of “deep support”. What […]